Last post on Nov 18, 2012 at 11:21 AM
You are in the Land Rover
What is this discussion about?
Land Rover LR3, SUV
#3820 of 4548 Re: CO trip up-date - LR3 [mark156]
Aug 01, 2006 (9:34 am)
Thanks for the feedback. I am looking at a Land Rover Certified Used 2005 LR3 HSE gold with black leather, not my 1st choice, and 14,000 miles. I haven't driven it yet but wanted to do my research before I fell in love with it. My Excursion is a V8 and gets about 13.8 mpg and where I live we have very few stoplights so it's mostly highway driving. A major reason I was looking for a new vehicle was for better gas mileage so I'm a little worried about the LR3 since I'm not sure if it will get any better then what I have now. Also, how reliable have you found your vehicle to be?
Aug 01, 2006 (9:46 am)
You are getting 13.8 with the excursion?
If that is all highway you will probably do better then 20 mpg with a LR3.
#3822 of 4548 Re: CO trip up-date - LR3 [lmgkeys]
Aug 01, 2006 (10:05 am)
Imgkeys, I have found my LR3 to be very reliable. There are just a few things that I've had done. One was where the sunvisor attaches to the roof on the clips. The plastic flap that covers the screws would not stay closed and on the drivers armrest where it attaches to the drivers seat, the part the covers the screw was missing. The dealer took care of everything with no problem.
As far as anything mechanical... no problems. I have 5,300 in the odometer now. I will put about 8,000 a year on this vehicle.
I had the wood grain dash installed and it is gorgeous. My LR3 came with a tan pinstripe that I didn't even notice when I bought it. When I went to pick it up, I was shocked to see it on there. I like it now but it was never listed on my MSRP sticker or on any other sticker. I probably wouldn't have paid extra for it but since it's there, I like it.
LR3's gas mileage is very close to what the sticker says. As I recall, it was 14 city 19 hwy. That has been my experience.
#3823 of 4548 Ford Premier Group - LR Jaguar
Aug 01, 2006 (11:32 pm)
This may or may not affect Land Rover but they are a part of the premier group. THere is a reference to a loss in the Premier group and a rethinking of strategy. I wonder if the premier group could stand on its own if bought out by a private group? If anyone knows more about how Land Rover affects ford's bottom line -pipe in.
Ford to Review
Its Ailing Brands,
CEO, Under Board Pressure,
Hires New Strategy Adviser;
An Urgent Review of Jaguar
By JEFFREY MCCRACKEN
August 2, 2006; Page A1
Ford Motor Co. is launching a strategic review of ailing operations such as the Jaguar brand that could lead to the sale of assets or broader alliances with other companies, according to people familiar with the situation.
Spearheading the effort for the nation's No. 2 auto maker will be a newly hired strategic adviser, Kenneth Leet, a former investment banker who led mergers and acquisitions teams at Goldman Sachs and Bank of America. Mr. Leet is reporting to Ford Chairman and Chief Executive Bill Ford, who is under board pressure to take more dramatic steps in his restructuring efforts amid the company's widening losses, according to people close to the situation.
Mr. Leet, whose hiring is expected to be announced today, will lead a small team that has begun an assessment and valuation of Ford's assets and brands, these people said. Among other things, Mr. Leet's team will consider whether Ford should sell some underperforming brands or pursue alliances with other global auto makers, as well as what it should do with its Ford Credit financing arm, whose borrowing costs have soared as the company's credit rating fell below "junk" status. Ford previously has said it would not consider selling a stake in Ford Credit.
Mr. Leet's first job is a review of Jaguar, a source of red ink at Ford since it was acquired in 1989 for $2.6 billion. The auto maker in July had to lower its financial goal for 2006 from a small profit to break-even for its luxury division, the Premier Automotive Group, in part because of continued falling sales and losses at Jaguar. The division, which also includes Volvo, Aston Martin and Land Rover, lost $162 million before taxes in the second quarter, compared with a pre-tax profit of $17 million a year earlier.
A Ford spokesman said yesterday evening that the company had "nothing to announce at this time."
Overall, Ford lost $123 million in the second quarter, a figure that surprised Wall Street and prompted the company to say it would accelerate its restructuring plan. Mr. Ford and his executive team have conceded their current plan did not foresee that the sales of pick-up trucks would fall as fast as they have in the face of rising gasoline prices and shifting consumer demand. Mr. Ford has said a revamped overhaul plan will be drawn up within 60 days.
Like its crosstown rival General Motors Corp., Ford has suffered from high costs, particularly for health care, and poor recent sales for many of its vehicles in the U.S., aggravated by a weakening economy and high gas prices. Meanwhile, its credit business is making far less money than it used to due to higher borrowing costs stemming from Ford's declining credit rating.
Yesterday, Ford suffered another blow as Toyota Motor Corp. edged ahead of it to grab the No. 2 place in U.S. sales for July -- the first time Toyota has outsold Ford in the U.S. over the course of a month.
In 4 p.m. trading on the New York Stock Exchange, shares of Ford were down 9 cents at $6.58 -- not much above the 52-week low of $6.06. A year ago, Ford shares were trading in the range of $11. The falling share price has cut the auto maker's market capitalization to $12.4 billion. Mr. Ford's family controls 40% of Ford's voting stock.
The hiring of Mr. Leet was initiated by Mr. Ford and backed by Ford's board of directors, said one person close to the matter. Outside advice and financial analysis could help step up consideration of potential alliances with other auto makers or the sale of assets, this person said.
The decision to bring in an outsider was "accelerated" by the recent start of discussions on a global auto alliance between GM and Nissan Motor Co. and Renault SA, this person said. Mr. Leet's hiring "was strongly endorsed by the board," he said, adding that Mr. Leet's office will be up the hall from Mr. Ford's and that he will make reports to the board with Mr. Ford.
"The goal was to add an outsider who has merger and acquisition experience, which he has," this person said. "He will look at everything to see what is bringing in cash and what is not."
It is not clear how long Mr. Leet will stay at Ford. Though the job starts out a short-term assignment, it could become a longer-term position, according to people familiar with the matter.
Mr. Leet was recruited to Ford by two former Goldman Sachs executives who sit on Ford's board, Clinton Treasury Secretary Robert L. Rubin and John E. Thornton. He spent 18 years at Goldman in London and New York, where he specialized in steel and most recently was responsible for the firm's investment-banking activities with industrial companies. He was a longstanding member of Goldman's M&A division as well as working in the firm's buyout and leveraged-finance businesses.
Both Mr. Rubin and Mr. Thornton previously worked at Goldman, which has ties to Ford dating back to founder Henry Ford. Before he joined the Clinton administration and later became chairman of the executive committee at Citigroup Inc., Mr. Rubin was co-chairman at Goldman. Mr. Thornton, who now teaches at Tsinghua University in China, retired as president of Goldman in 2003.
In July 2003, Mr. Leet was tapped to be the next undersecretary of domestic finance at the Treasury Department. But that October, before his nomination was voted on, he withdrew his name from consideration, citing unspecified health reasons. He joined Bank of America in early 2005, and left last May.
The appointment of Mr. Leet comes as Ford faces difficult decisions about whether to continue pumping money into Jaguar. The storied franchise has become a big thorn in Ford's side.
Beset by design problems, among other issues, Jaguar has missed a boom in sales of luxury cars world-wide, its sales plummeting in recent years through repeated restructurings of the unit. Sales are down 30% this year after falling 34% in 2005; the brand is on pace to sell 24,000 vehicles in the U.S. in 2006, down from 45,000 in 2004.
Jaguar sales also are down globally. In the first half of this year, Jaguar sold about 41,000 vehicles globally; in all of 2004, it sold 118,000.
Jaguar disclosed in December that Ford had injected $2.09 billion to cover heavy losses and investment write-downs, and in the past two years Jaguar has taken some painful steps to stem its losses. They included shutting down auto production at a historic plant in Coventry, England, and unceremoniously p
#3824 of 4548 Re: Need Help on Towing with LR3 [grommet]
Aug 01, 2006 (11:37 pm)
Grommet, thanks for the reply. One more question though. There are many other trucks and SUVs that have automatic leveling air suspension on the market, both domestic and import ones. Almost all of them allow the use of WDH. So why is LR's system different? Have you heard of any satisfactorary technical explanations? Thanks!
#3825 of 4548 Re: CO trip up-date - LR3 [lmgkeys]
Aug 02, 2006 (8:19 am)
I can't really explain it any more. I listen to a Napa car care radio show frequently and they've mentioned it many times. I think it's because at higher altitude the fuel is less prone to pre-detonation which is what causes knock or ping. Sorry if that isn't much clearer. I'll see if I can get a better answer for you.
#3826 of 4548 Uneven Tire Wear
Aug 02, 2006 (9:27 am)
This just in from the disco3.co.uk site:
Uneven Tyre Wear TSB
New TSB issued yesterday - LA204-008 Discovery 3/LR3 - Uneven Tire Wear (unfortunately LRs US masters seems to have influenced the spelling of tyre) Vin range: 5A300259-6A403382
A customer may report a concern of uneven tire wear.
Cause: Certain vehicles may experience a degree of 'bush settle' after the initial geometry setting following production (this has now been compensated for using calculated geometry settings introduced from the VIN above). This 'bush settle' may change the geometry settings to outside of normal tolerance and may increase tire wear. This issue is not experienced on all vehicles and the toe sensitivity may be attributed to other factors.
Action: Should it become necessary to adjust vehicle geometry due to specific complaints of tire wear, it should be set to the dimensions detailed in this bulletin. For all other cases requiring geometry setting, the dimensions in the workshop manual should be used.
#3827 of 4548 Re: Uneven Tire Wear [lr3maybe]
Aug 02, 2006 (9:46 am)
Where does one get access to the Tech Service Bulletins? THis is good info thanks
#3828 of 4548 Re: Uneven Tire Wear [ssp1]
Aug 02, 2006 (10:03 am)
Your dealer, unless you want to pay a small fee for single day access. (Far more for a lengthly subscription.) http://www.landrovertechinfo.com (Without paying, you can only see document titles.)
Or, as just now, you'll see a reference in a forum. Do note not all TSBs are common between overseas and North America... often, the NA ones are late or "different."
#3829 of 4548 Re: Uneven Tire Wear - My dealership was clueless [roverinsc]
Aug 02, 2006 (10:16 am)
Same thing happened to my tires. I think I'm going to keep the truck until my new ones wear out, and then get rid of it before my warranty expires, maybe at 40-45K.