By contrast, U.K. billionaire Sir Jim Ratcliffe’s idea to start a car company called Ineos Automotive Ltd. to make a gas-powered SUV – called the Ineos Grenadier – is almost quaint.

“For all it owes to the Defender and G-Wagen, the Ineos Grenadier has lots of character of its own” You know those SUVs, with smoothly chamfered exteriors and mood-lit interiors, and perhaps ...

One that can easily follow it off the beaten path is the Ineos Grenadier. It’s one of the most capable 4x4s we’ve ever driven, which helps to make up for some of its shortcomings in other areas.

This is worrying for Ineos's bottom line. Especially as nearly new cars are appearing on the secondhand market for around £50,000 – that’s a lot of depreciation to deal with in a matter of ...