patrick_y[PuristSPro Moderator]
28307
We shall see. It was just something that came up to mind when I saw the news and did some side research on AML stock.
May 27, 2020,00:19 AM
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. Bentayga came out in 2016, Urus in 2018. And they both enjoyed reasonable sales numbers. Aston Martin had bad timing.
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Financial Trouble for UK Car Makers?
By: K-Lo : May 26th, 2020-14:44
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...
I hope not
By: TeutonicCarFan : May 26th, 2020-14:50
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.
True..
By: K-Lo : May 26th, 2020-16:08
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.
The DBX ...
By: Cpt Scarlet : May 27th, 2020-02:13
This is the next chapter for AM ...
The McLaren news is unexpected
By: Tim_M : May 26th, 2020-17:34
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...
Yes, I just read about Aston’s
By: K-Lo : May 26th, 2020-17:48
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 ...
Both suffer from the same problems as some luxury watch makers IMHO
By: marcobermann : May 26th, 2020-19:11
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 ...
Hi Marc,
By: K-Lo : May 26th, 2020-19:29
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 ...
I'm doing research on Aston Martin...
By: patrick_y : May 26th, 2020-20:29
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 ...
This is very in-depth analysis,
By: K-Lo : May 26th, 2020-20:39
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...
I am hearing you, someone at Daimler must be running the numbers now.
By: K-Lo : May 26th, 2020-22:35
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...
I expect this pandemic
By: sham1 : May 26th, 2020-20:55
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...
Yes, Hertz....
By: K-Lo : May 26th, 2020-21:02
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 ...
Hertz bankruptcy could flood the market
By: Uncle Chico : May 27th, 2020-01:49
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.
Lotus Cars has been bought and sold a dozen times
By: cazalea : May 26th, 2020-22:31
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...
I‘ve already heard about problems at AM and McLaren before the crisis
By: nafetS : May 27th, 2020-00:13
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...
Re Aston Martin & McLaren
By: marcobermann : May 27th, 2020-01:31
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...
Did you see Aston’s will bring
By: K-Lo : May 28th, 2020-09:45
Back the Goldfinger DB5 Cars at 3.4M each, limited run, with Bond gadgetry. Seems that will give them an influx of cash.
Generally the wealthy stay wealthy
By: phil4 : May 31st, 2020-20:06
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...