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Planning to start my own automobile company. Would like to hear what you guys think.

Discussion in 'BlackHat Lounge' started by FuryKyle, Aug 31, 2012.

  1. FuryKyle

    FuryKyle Jr. VIP Jr. VIP Premium Member

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    My partner and I are planning to start a fully fledged automobile company in 5-7 years. We both do mechanical engineering, and this is a long shot, but ultimately we're serious about it. I get how individual parts work and fit in, and we're about to get a car, modify and understand every detail about it and ultimately come out with a prototype and expand from there.

    This does sound like a far fetched and even to some, an insane idea but I'm sure we have the motivation, skills and know-how to do it. I'd like any advise\input from you guys so please do chip in if you have something to share.
    Thanks for taking your time to read this insane post :eek:
     
  2. dujow

    dujow Junior Member Premium Member

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    I don't know much about it but it seems to me that you would need some HUGE financial backing, and I mean huge..
     
  3. Duffers5000

    Duffers5000 Elite Member

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    Car guy here. Massive amount of experience in every aspect of the trade. Are you planning on modifying an existing car or building something from scratch ?

    Doing a special version of a car is do-able within reason. I have an old friend who does Range Rover specials but that's a massive money pit.

    Building your own car from scratch is a mega money pit and unless you have a Russian oligarch backing you then think again. You may well be able to handle the design and build but the type approval and legislative testing required to license for road use and sell to the general public are vast.

    Would still like to hear more about your plans and would try to help if I can.
     
    • Thanks Thanks x 1
  4. FuryKyle

    FuryKyle Jr. VIP Jr. VIP Premium Member

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    We plan to start things slow by getting a classic as they're easy to work around and mod, and then start modifying it. I have absolutely no idea what we're going to do with the car after that though. Then once we're officially graduated, we plan to build a car from scratch, probably using the engines of a reasonable car company and go from there. As for financial backing, I really don't know. I was thinking we could present our ideas (they'll come pretty unique and strong) to giants or other tech firms to see if they're interested. Haven't exactly gotten that part figured yet.

     
  5. Duffers5000

    Duffers5000 Elite Member

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    Just spoke to a guy this morning who is building a highly modified SD1 Rover V8. I've restored plenty of old cars you will have fun doing that. I worked on mostly MG's because I love them and also because parts and modified parts are available 24/7. Built a fiat Dino Spider once and everything was a ballache to get. Being an engineer will give you an advantage in tooling your own parts. Do you mind if I ask where you are based ?
     
  6. ShadeDream

    ShadeDream Elite Member

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    He who laughs last, laughs longest.
    What do you mean by a classic? A 1960's Cadillac or a 1990's Jaguar? I think that "easy" isn't the right word here. It can be hard to source parts for some classics.
     
  7. HostStage

    HostStage Jr. VIP Jr. VIP Premium Member UnGagged Attendee

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    you may want to look for a norway or swedish story.

    Someone decided to do a bit like you and mod / build a car to make it like the batmobile (batman's car). It may not be accurate as i've been told the story and i didn't dig much.

    He showed his car in a show off event, and he got plently of rich customers for his unique concept car and maybe some financial.

    Anyhow, just to hook you up with a real story which happened which could give you some courage to perform. My point in all this, is to start with concept cars, unique ones, with a killing idea in it. So you don't have a tremendous working chain to put in motion and therefore lower costs involved.
     
  8. thetraveller

    thetraveller Senior Member

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    Hey FuryKyle I can't wait to purchase my supercar from you in a few years, because in about 5 years, thanks to BHW, is highly probably to have some $millions.

    Follow your dream mate. And I expect the extra package to be a discount for me ;)
     
  9. NeoPat

    NeoPat Power Member

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    Im graduating as an automotive product designer this year so if you need anyone in design hit me up
     
  10. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    well, i know to get a car approved for US sales you have to go through a bunch of testing and whatnot. so you would need significant financial backing to accomplish this. i have a friend that was an electrical engineer designing cars for gm for a few years.
     
  11. kaloqq

    kaloqq Junior Member

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    I am sure in one thing- it will be extremely difficult, there will be many moments that you will think about quitting but remember this: "Quitters never win!" . So good luck!
     
  12. SEOnetic

    SEOnetic Senior Member

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    It is tough to set up a automobile company. You need some major investors mate. But I hope you get success.