FPV boss 'couldn't be happier' about company's prospects | CarAdvice

Car Advice

FPV boss ‘couldn’t be happier’ about company’s prospects

By Alborz Fallah
FIND DEALS

Ford Performance Vehicles (FPV) has confirmed that it couldn’t be happier with its current product range regardless of the noticeable decline in general large car sales.

Speaking with the Australian automotive media in Melbourne today, FPV managing director Bryan Mears said “the appeal and popularity of these (Falcon-based) cars continues and while we don’t release exact numbers, I can tell you that our sales have remained steady and in the current market we remain realistic when setting our targets”.

The company, which just unveiled the limited edition FPV GT RSPEC (350 units) and FPV Ute (75), says the vehicles have received a tremendously positive response from the market.

“I understand the commentary in relation to sedans, big sedans in Australia and where they are heading, (but) I am pretty certain where our 425 vehicles are heading at the moment,” Mears said.

FPV, which recently sacked its general manager and a number of support staff as part of a company restructure back in May, is reliant on Ford’s production of the Falcon as well as customer demand for its large sedan and ute muscle cars. Nonetheless, it’s certain of its future prospects.

“There’s still a place for the performance car in this country, Australians love their performance cars, they love to drive something different. There’s enormous market sector, certainly big enough for our business. They’ll always chose a performance car given a choice and that is who we build our cars for.”

Justifying the recent staff cuts, Mears admitted that it was required to keep FPV viable for the future.

“Like many businesses in the Australian automotive industry, we’ve had to make changes to our business structure and the recent restructure at the end of May was all about making our business the right size for our current market. Allowing us to continue to do what we do best. I think you would anticipate those sorts of things happening. The changes that I announced back in May are the sort of reactions you would expect in a toughening market. “

The company, which is 51 per cent owned by Prodrive and 49 per cent by Ford Australia, has never released exact sales figures but puts the number at around 1800 vehicles per year. Eighty-one per cent of the vehicles it sells are sedans, 74 per cent are automatics and 80 per cent are V8s. FPV manages to attract a predominantly male audience (90 per cent) who go for leather interiors 79 per cent of the time but only 17 per cent tick the box for the premium Brembo brake package.

Mears said he “couldn’t be happier” with the current rate of sales but dismissed questions about FPV’s plans post 2016, when Ford is widely expected to stop producing the Falcon in Australia.

“That’s talking about way into the future for me. We are planning for the future. To be honest, we never talk about what we are doing, what we are planning to do. That’s part of our resolve to protect our planning.”

When asked by CarAdvice if the company has internal plans already drawn up for 2016 and beyond, Mears responded by saying the GT RSPEC took 18 months to conceive and produce, hinting at the company’s forward thinking strategy timeline.

He also believes the FPV GT RSPEC would have great potential for overseas markets but it’s limited by its lack of left-hand-drive capability. He admitted that it would cost somewhere around $80 million for the left-hand drive conversion and about three years to accomplish.

“The reality is the engine and the car is saleable in any market that is right-hand drive. It’s a nice thought to think about (left-hand drive overseas markets) but it isn’t going to happen.”

FPV spent a few million dollars to produce the GT RSPEC over an 18-month period, which took engineers all the way to Europe for testing. The company believes there’s nothing in the market for the $76,990 that can approach its GT R spec’s performance credentials.


 

  • crouchy35

    Its pretty difficult to talk about your future when you dont have one.

    • http://pulse.yahoo.com/_YQLKLFNYP3UFBFAGOV2LNDSREA Robert Ryan

       I think they will adjust to changing circumstances. Yes we do love performance cars.

  • Fruitytooty

    They should have got advice from a woman about body style.  Ugly front and side profile.  But then again I suppose they have to create cars for all tastes and preferences.

  • birdie

    Keyboard critics , don’t you love em

  • http://www.facebook.com/people/Micheal-Riseley/505139725 Micheal Riseley

    “Its pretty difficult to talk about your future when you dont have one”…. sorry but that is an absolutely stupid comment, you don’t know what they future holds, I very much doubt if FPV know what the future holds. 

    Keep in mind that despite all the media speculation, there has been no official word as to the future of Falcon or Ford Australia, so any comment regarding on either one of those scenarios is dribble, up until such time as we get an official statement.

    ‘Doomsday’ people are really starting to give me the irates.  Maybe if more people supported Australian cars, things would be better off.  But for some reason Australians prefer squash boxes and whitegoods on wheels, and they make these choices based on the belief that Aussie made cars are still in the 1980′s, clearly they haven’t put their bum in one of our cars lately, for fear of having to be proven wrong.

    • Chris

      You can’t argue with the facts that the trend away from large cars though can you. These cars are becoming so out of date for the times, Australians have really fallen out of love with large cars that the future of Ford and the Falcon is on very shaky ground indeed. For that reason alone who would risk spending $70 big ones to have it worth nothing in a couple of years.

      • http://pulse.yahoo.com/_YQLKLFNYP3UFBFAGOV2LNDSREA Robert Ryan

        Yes so they are going to large  imported SUV’s instead. I think there will be room for the vehicles like the Falcon in the future.

  • nugsdad

    “………….And the coach has the full support of the board………”

  • John

    Would love to keep jobs in Australia but contacting the right person in Ford is a prob…
    anyone have any contacts for Manufacturing in Ford or the CEO.
    asmp@mail.com

  • BP

    HSV has a better business case in Australia anyway where they sell at 1/5 of the sales of a Ford Falcon. FPV on the otherhand…. will only hit 1,800 :/

  • Serious

    Took 18 months to give it firmer suspension, wider tyres and a silly red paint job? Cool Story.

    • Dave812008

      You really don’t no what your on about Ford created the GT Black first to see what the buyer wanted and with a little more engineering they have come up with what they hope is what the buying public want and if they sell and have good reviews this is what will be you can’t be too smart if u don’t see this. FPV is trying to do what the buyer wants

  • Lindsay T Rice

    These improvements will have to become standard on all the FPV models as even my G6e Turbo cannot put the power down cleanly without massive wheel spin. 

    • Dave812008

      They will maybe with some improvements fpv are putting there feelers out to see what works expect some very good cars in the near future

  • musclecarsarenotdead.

    Gotta love these metrosexual prius driving tools. “these large cars are out of date” … lol …. try driving the car you drive on the weekends when not in the office for 2000km’s and then have a think about what your little city car is good for other then driving to work and back each day. Real drivers will choose a FPV or HSV anyday when they want bang for buck… please keep your stupid comments in the office where other like minded suit wearing puppets will agree with you poncho