
 Originally Posted by 
Zeros
					 
				 
				Holding over a $3.9M goodwill write down from 2017 was obviously part of their strategy. They must think they can ride it out this year. 
I’m not an economist, but to me the goodwill will write down is yet to come if Defender is just another yuppy SUV.  Courting just the upper echelon luxury market is a mistake IMO.
			
		 
	 
 But the Defender market was so insignificant that getting it all back wouldn't 'save' them.
They need to make a car that the general public will buy in quantity so most probably something in the luxury market it will inevitably be. They can't afford to produce a niche vehicle that ends up with low volume sales.
They were big in the Chinese market which is currently down and the general backlash against diesels hasn't helped. It'll be interesting to see where they go with EV's in the future.
Colin
				
			 
			
		 
			
				
			
			
				'56 Series 1 with homemade welder
'65 Series IIa Dormobile
'70 SIIa GS
'76 SIII 88" (Isuzu C240)
'81 SIII FFR
'95 Defender Tanami
Motorcycles :-
Vincent Rapide, Panther M100, Norton BIG4, Electra & Navigator, Matchless G80C, Suzuki SV650
			
			
		 
	
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