Recent content by tkj23qe1387

Yeah a wind down under state law may have less publicity. There is no automatic stay over litigation. This option would make the most sense if they expect to make all creditors whole (pay all wages, repay all loans, and deliver all orders). Colloquially there is not that much difference in terms...

Yeah this is a very messy area of law when bankruptcy kicks in, but I think you are definitely on the right path… need to look at how custom home builds are handled. I am just baffled that a $300k+ purchase (terranova is 350k+) does not give the buyer any security in the event of bankruptcy.

Adding one factor to fiscal list: fair & phased payment schedule commensurate with build progress

Hi all, I am sure that many of you saw the news of earthcruiser’s wind up. Considering the nontrivial chance that moderate-high interest rates and supply chain challenges might persist, I wonder if anyone could chime in on who the fiscally and operationally robust builders are. Robust = stable...

Launching two new initiatives within the previous of year of winding down is quite irregular, especially considering the GM partnership. These new initiatives will not generate meaningful cash in the short term. Instead, they are big CapEx drains. They even built and demoed the hummer ev slide...

Besides vintage cars, nobody would ever consider vehicles an investment. They are and always will be consumable products that people pay a premium for in exchange for convenience or enjoyment. Certain periods when supply and demand are out of whack may present transient opportunities to sell at...

This post is general information not legal advice. Generally, when a company still has “going concern” value, they may use the chapter 11 process to sell non-performing assets, terminate burdensome contracts (e.g., we work), and restructure its balance sheet (such as reducing debt with equity)...

In bankruptcy parlance, liquidation in accordance to state law could either mean a Bankruptcy Code Chapter 7 liquidation or a foreclosure sale. Since they announced that they are also winding down operations, I would strongly suspect that this is heading into Chapter 7. No emergence from...

The chassis alone would probably be about 120k-150k USD. China’s import duty for this type of vehicle is hefty. Apparently they are also keeping it below 6m so that regular license holders can drive it legally.

Continental MPT81- 335/80R20 (41 in.), 68 MPH-rated super singles (6,779 lb. @ 95 PSI)

Great analysis on the order of magnitude estimates! Ignoring tire limits, I think the top speed would probably be no more than 90 mph. At that speed, air resistance would be at least three times more than ~55 mph, so the tranny likely must shift to fourth or even third gear. For the Straya...

This is a super relevant comparison. I think a diesel with 200-250 max hp would probably do great in anywhere but North America where trucks must remain under a strict speed limit. However, in North America, trucking speeds on highways are crazy by any other standard. Acela needs to appease the...

Does anyone have a sense of the remaining surplus LMTV supply as of now? Acela's class 6-8 options rely on those surplus trucks as the basis of refab. The supply of LMTVs' Austrian ancestor (12M18) kind of dried out as of now I think. Interesting that Acela mentions the lack of a high-powered...

Great points. Consumer supply could be a huge problem. Gov contracts are much more stable and lucrative. However, on the specs sheet, Acela explicitly mentions how their brake system complied with FMVSS 105. I suspect that they might be trying to match EC/CORE’s marketing of how much testing...

Thanks so much for the video! That looks so effortless. For the class 4/14000# chassis, how much payload capacity is available after conversion? Other question would be: Isuzu's brochure says that the in-frame gas tank is 30 gallons. Assuming that the truck gets 8mpg as a camper driving in mixed...