Wrightbus goes into Administration

V3D

Developer of MAN Lion's City & ALX400 series
Jan 30, 2017
284
Favourite Truck
Volvo
They were in debt due to £15 million going to build a church estate that left them in debt
 
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ThompsonXfe

ToonTour Customer Service Assistant
Jan 30, 2019
72
Favourite Truck
Scania
It's just the administration phases, could still be bought out yet. Early stages but grim circumstances.
 

FenixArg

Member
Apr 11, 2016
12
I remember the biggest bus manufacturer of my country, Metalpar, ceased its operations earlier this year; apparently because their owners, the gigantic Brazilian company Marcopolo, wanted to convert the factory to assembly Marcopolo bus bodies imported from Brazil. Around 600 people lost their jobs, and a hellalot of bus operators had to find a new company to buy buses from, since Metalpar was probably the most sold urban bus in all the country. The only bright side is that a bunch of smaller bus manufacturers had a significant increase in their sales because they now produce buses for many of the operators who used to order buses to Metalpar.

Apparently from the super extremely little i know from Wrightbus, the closure is not 100% confirmed yet but it doesnt look good. I hope something could be made, specially to protect those 1200 jobs. But the situation doesnt seem to be very optimistic.
 
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SatoshiAaron

Well-Known Member
May 24, 2016
220
It's just the administration phases, could still be bought out yet. Early stages but grim circumstances.
Yeah, it is possible, but let's face it... What large company that has gone into Administration hasn't gone bankrupt and being liquidated recently?

That being said, we will have to wait and see. I am wondering if Alexander Dennis has flagged their interest in certain parts of the company. Volvo could very well have their foot in the door as well. I am also wondering if Scania want to get themselves deeper into the scene as well, although I think that is less likely than the other two...
 

V3D

Developer of MAN Lion's City & ALX400 series
Jan 30, 2017
284
Favourite Truck
Volvo
We will just have to see what happens but Wrightbus are a major player and that won't go un-noticed, even if it means a merger with the loss of jobs.
 

LT586

SimJourneys Defunked
Oct 25, 2016
492
A business deal gone bad, i remember a statement in a book I have, accountants got in and spoilt it, as maybe their invoices havent cleared from the suppliers they use for parts, if you pay on a 60 day term, and there’s a discrepancy at base level, where are the admin to sort it out.

Also their latest brand of buses are terrible, who told them a smaller engine in an 11 or so ton vehicle was a wise idea? Saving the planet but cost of repairs are through the floor. No one likes the streetlite, deck or Nu whatever they have.

Sad
 

ThompsonXfe

ToonTour Customer Service Assistant
Jan 30, 2019
72
Favourite Truck
Scania
A business deal gone bad, i remember a statement in a book I have, accountants got in and spoilt it, as maybe their invoices havent cleared from the suppliers they use for parts, if you pay on a 60 day term, and there’s a discrepancy at base level, where are the admin to sort it out.
They've been in trouble since the NB4L orders were cancelled.

With a kerb weight of 10.7 ton, probably closer to 12 ton fully loaded, a 5 litre engine seems a perrrrfect idea. Then again, operators could have ordered the 6 cyl version. The Streetlite was a lost cause from the moment it was introduced. Lower capacity engines are great on emissions and good for the environment, not when they need rebuilding every year and a half, or flat out replaced after 2.
 

Mercedes-Benz

Well-Known Member
Jul 4, 2017
281
Looks and the way wright buses make them it be shut down anyway for the environment with the amount of plastic they put on there buses dear oh dear on the good side, Alexander Dennis is doing good :)
 

ThompsonXfe

ToonTour Customer Service Assistant
Jan 30, 2019
72
Favourite Truck
Scania
Looks and the way wright buses make them it be etc etc
Well every manufacturer uses plastic, it's an inevitability these days. The days of aluminium and wooden interiors are loooong gone. Albeit plastic can make quality construction, Wright just don't have the right methods.
 

SatoshiAaron

Well-Known Member
May 24, 2016
220
I think
A business deal gone bad, i remember a statement in a book I have, accountants got in and spoilt it, as maybe their invoices havent cleared from the suppliers they use for parts, if you pay on a 60 day term, and there’s a discrepancy at base level, where are the admin to sort it out.

Also their latest brand of buses are terrible, who told them a smaller engine in an 11 or so ton vehicle was a wise idea? Saving the planet but cost of repairs are through the floor. No one likes the streetlite, deck or Nu whatever they have.

Sad
You stated that Nobody likes the Streetlite. I need to just mention here that a lot of them have been distributed to multiple companies. Despite what Drivers and Enthusiasts think, the Streetlite is a productive bus to multiple operating companies. While it is true they didn't sell tremendously well, I feel like they still got distributed to a decent proportion. With units such as Trains or Buses a certain amount get made and then any following orders will be produced gradually with around 5% over production to offer a quick provision for the particular unit requested. What has occurred here is poor money management and a typical case of "over stretching". To make it understood, what I am trying to state is that they are being too ambitious with their product line and are trialing and creating new product that are simply not required at the moment. As most knowledgeable people know when companies buy into a product they set to buy a certain amount that will last them for a decent 15-30+ years. Wrightbus were producing products that nobody had a requirement for. The amount of different Wrightbus Vehicles that I see around now is just silly.

Also as stated before Wrightbus were putting money into things that was just unnecessary and at a large amount.
 

PROGAMER200

developer of all ruined hopes & dreams
Oct 25, 2016
10
its sad because the busses they made for lothian the single deck streetdeck looking things will never become a main thing now :(