Automotive

I hear McLaren is going to lay-off and/or furlough around 1200 people, or 25% of their work force. I don’t hear good news for Aston either. Are you guys hearing similar things? The Pandemic’s effects may have taken a larger than expected hit to some car m...  

mclaren the only fresh challenge to ferrari and lambo in recent times. Sadly early ones broke often and they all depreciate like crazy. My neighbor down the street just got a white one, very exotic.

If they do go under, I think “all” McLarens will go up in value. Again, not that I am hoping for it.

McLaren are just responding to a global downturn for luxury sports cars. Aston Martin is a more complex problem, but the share price rose sharply today as a new CEO from AMG was appointed.

And I heard of that move by Aston Martin, I am very curious as to what is next for Aston Martin after that move today.

This is the next chapter for AM ...  

But the problem with Aston Martin is years in the making. Whether it's commonly admitted or not, Ford was an ideal steward and owner of the brand with open pockets and global distribution of parts and service. Ford sold Aston in a strong product, cash, an... 

continued financial problems even before the pandemic. Like how they only turned a profit one year out of the last 7 years or something. If it means them being a larger entity’s sub to survive, I don’t know. I have never really followed the financials of ... 

Hi all Again just my humble opinion but both of these companies rely too heavily on their name and history and produce far too many vehicles for the end of the market they target they also have far too many models on offer to as I said similar to certain ... 

These are some cogent, business points, you bring up. I do wonder sometimes how “these” decisions get made as into number of vehicles produced vs estimated buyers. But then, I have no idea, I guess only the strongest survive right now. And having cash is ... 

It...even if 1 million die from Corona at the current cost of $14 trillion damage to the global economy....is it all worth it? Reminds me of Y2K

I'm doing research on Aston Martin. The market cap on Aston Martin Lagonda right now is below 500 million Pounds. The value of the company is slightly higher than that. The company also has a new investor who has committed to putting in $200M+ US Dollars ... 

Frankly, I love it. I find it interesting that “market” price, if shares are publicly sold, relates to cost of ownership. However, market price does not always align perfectly with actual “worth” of the company. Like here in the US, private shareholders c... 

But it's just something that I'm wondering, if I were Geely/Daimler, I might think it would be worth it to start owning Aston Martin if it could be bought so reasonably. Imagine how many Mercedes-Benz dealerships there are. If some of those dealerships co... 

Compared to 1 Billion Euros (at the time a Euro was around 1.3 dollars) or $1.3 billion and Aston Martin is around $600 million US dollars... It might be worthwhile to just buy the company and pay a big premium, say a 30% premium and buy Aston at $780 mil... 

But then again, I am also not seeing how the Maybach helped outside of giving Merc a way to jack up the price of the S Class to astronomical heights. It would be weird to be shopping for a Merc and all of the sudden the salesmen says, "come on, look at th... 

If this economy were more "normal" and AML stock was still performing so poorly, then there would definitely be someone interested in buying out that company. Aston Martin really screwed up in a few ways. Mostly, they're too late to market with their SUV.... 

to hit not just small car makers but many other companies like airilnes, watch companies, jewellery companies, restaurants etc. Basically, unless the industry is involved in producing face masks, ventilators, hand sanitisers or gloves. I was actually more... 

I read that their bankruptcy will have a ripple effect on car manufacturers which have deals to rent certain models of cars through Hertz rental centers. I also heard that supposedly Uber and Lyft were already taking a bite out of Herz’s market share and ... 

I've read Hertz has over 500k rental vehicles that may be sold in the used market so creditors can recoup a portion of their losses.

Maybe that’s a slight exaggeration but Chapman, a hastily-assembled rescue after his death, GM, Romano Artioli, Proton (DRB-Hi-Com), Geely, Etika Automotive ... and has anyone made money? Maybe in selling engineering and suspension expertise which they ha...  

#618c18477577 But it could be hoopla being spit from the CEO, let's see.

AM sales in general are not good enough it seems and I‘ve heard and read about technical issues (e.g. a 2500 car recall due to fire risk) and customer service issues at mclaren, making a lot of the newer mclaren owners unhappy. A friend of mine sold his 7... 

Maybe its because of the financial crisis in the world . I think a lot of people will wait now to buy a car like that , or any hyper or sports car . I think its a global problem for sports car manufacturers now

Aston only a short while ago announced a major investment and equity sale of some £200 Million or so to the Canadian Billionaire Lawrence Stoll and due to this and his involvement they are meant to be re-branding Racing Point F1 Team to Aston Martin for t... 

They‘re stating, that order books are still full.

Brand. 2019 2020 ———————————- Aston 966. 483 Ferrari. 1347 1285 Lotus. 173. 104 McLaren. ? ? Lambo. 847. 664 JATO Dynamics

Still, 50% down for AM vs 10-25% for Ferrari or Lamborghini

Back the Goldfinger DB5 Cars at 3.4M each, limited run, with Bond gadgetry. Seems that will give them an influx of cash.

Hope the affected employees find new job soon.

UNLESS for some reason you were on the wrong side of the curve. I doubt either one going out and orders will resume. IMHO. Ferrari I believe is business as usual. I'm real familiar with McLarens, lighting fast & in the shop a lot. I switched teams after 3...