AML Share price fall
Discussion
AMVSVNick said:
One assumes you have driven new Vantage?
One assumes incorrectly. I've no interest in the car (don't like the styling or the engine) so there is no point in a test drive.As reference points, I've driven other machinery which is faster in a straight line and through corners (on paper) such as 991.1 and 991.2 GT3s, both separately and on drives with friends while driving my V12VS. To separate these cars on the road at speed, you would have to be suicidal, and certainly not care about the legal consequences.
petop said:
Now the clientele on there are more, lets say worldwide. Probably more made up of US owners. Totally different opinions and with the New Vantage, owners/admirers cannot sing its praises enough.
Really? You should hang out at 6speedonline, where the Aston forum is mainly made up of North Americans. I think you'll find a decidedly divided set of opinions on the new Vantage there, just like here.faa77 said:
Why did AM change to the AMG turbo engine? Because it has better performance over the NA? One of the reason people like AM is the engine noise, so removing this and replacing it for better performance never seemed a great move.
Cheaper than developing a new unit themselves surely ?Buster73 said:
faa77 said:
Why did AM change to the AMG turbo engine? Because it has better performance over the NA? One of the reason people like AM is the engine noise, so removing this and replacing it for better performance never seemed a great move.
Cheaper than developing a new unit themselves surely ?But they are developing a straight 6 right - which surprised me tbh?
If I owned a car company I'm not sure I would waste a single $ on developing a new engine - I would be investing in BEV type answers and OEM'ing hybrid and petrol power units on the interim.
Given Investindustrial have just bought another 3% of AML.L (ie bought back in after cashing out partly), and given they own Morgan - who are also going to be using a 6 cyl engine, maybe (hopefully) there is a plan out there to get some synergies between the two companies.
If I owned a car company I'm not sure I would waste a single $ on developing a new engine - I would be investing in BEV type answers and OEM'ing hybrid and petrol power units on the interim.
Given Investindustrial have just bought another 3% of AML.L (ie bought back in after cashing out partly), and given they own Morgan - who are also going to be using a 6 cyl engine, maybe (hopefully) there is a plan out there to get some synergies between the two companies.
Emilio Largo said:
avinalarf said:
Apart from the sat nav screen there has been no negativity on any of the other models.
Sorry, but I can´t hold back here: Would you say the DB11 has been as convincing resp. as well received as its celebrated predecessor? I would say certainly not. As of today´s luxury GT cars´ world, I would say among the blind the one-eyed is king (o.k., a bit harsh perhaps, but you get what I am trying to say).Edited by Emilio Largo on Friday 26th July 20:06
Apart from having a long term love affair with the brand, trying to be objective, I think the new range of cars are a very good effort and I'd be very happy to own any of them.
I include the new Vantage albeit I have to be honest and repeat that I think that the styling of the car is marmite, personally I'm not a hater just not fully a fan boy.
AM must have considered this when they signed it off and in a way I applaud them having the balls to do so.
An anecdote I'll share.....
I have personal experience of owning a marmite AM in the form of a 1991 Virage.
The styling of this car was controversial and was a real Cinderella,it echoed a Yank muscle car, not at all in the AM tradition.
I'd made " friends" with a chap who owned several very desirable classic Astons.
He lived very near to me and we arranged to both go to an AM meeting one Sunday.
I turned up at his house and he asked if I minded taking his wife as it was raining and he was taking a 1930's classic that didn't have full weather cover.
I was happy to do so.
As we strolled out he caught sight of my Virage and whispered in my ear , "that's a very ugly looking Aston".
I was mortified and needless to say our " friendship" went downhill very quickly.
avinalarf said:
The previous rsnge of AM cars are future classics and were always going to be hard to beat.
Apart from having a long term love affair with the brand, trying to be objective, I think the new range of cars are a very good effort and I'd be very happy to own any of them.
I include the new Vantage albeit I have to be honest and repeat that I think that the styling of the car is marmite, personally I'm not a hater just not fully a fan boy.
AM must have considered this when they signed it off and in a way I applaud them having the balls to do so.
An anecdote I'll share.....
I have personal experience of owning a marmite AM in the form of a 1991 Virage.
The styling of this car was controversial and was a real Cinderella,it echoed a Yank muscle car, not at all in the AM tradition.
I'd made " friends" with a chap who owned several very desirable classic Astons.
He lived very near to me and we arranged to both go to an AM meeting one Sunday.
I turned up at his house and he asked if I minded taking his wife as it was raining and he was taking a 1930's classic that didn't have full weather cover.
I was happy to do so.
As we strolled out he caught sight of my Virage and whispered in my ear , "that's a very ugly looking Aston".
I was mortified and needless to say our " friendship" went downhill very quickly.
To be fair he has a point ....Apart from having a long term love affair with the brand, trying to be objective, I think the new range of cars are a very good effort and I'd be very happy to own any of them.
I include the new Vantage albeit I have to be honest and repeat that I think that the styling of the car is marmite, personally I'm not a hater just not fully a fan boy.
AM must have considered this when they signed it off and in a way I applaud them having the balls to do so.
An anecdote I'll share.....
I have personal experience of owning a marmite AM in the form of a 1991 Virage.
The styling of this car was controversial and was a real Cinderella,it echoed a Yank muscle car, not at all in the AM tradition.
I'd made " friends" with a chap who owned several very desirable classic Astons.
He lived very near to me and we arranged to both go to an AM meeting one Sunday.
I turned up at his house and he asked if I minded taking his wife as it was raining and he was taking a 1930's classic that didn't have full weather cover.
I was happy to do so.
As we strolled out he caught sight of my Virage and whispered in my ear , "that's a very ugly looking Aston".
I was mortified and needless to say our " friendship" went downhill very quickly.
avinalarf said:
What....what .....don't upset me.....or I'll ......Il'll get Tony Hall to pay you a visit.
How can you say that....how very dare you.....
Not perhaps the most appealing of Aston designs but I think it evolved into a much better looking car with the later versions (fared in headlights, flared wheel arches, etc).How can you say that....how very dare you.....
Anyway, Avinalarf, I imagine you looked rather stylish driving around at the time in your car with your scarf fluttering out of the window.
8Speed said:
avinalarf said:
What....what .....don't upset me.....or I'll ......Il'll get Tony Hall to pay you a visit.
How can you say that....how very dare you.....
Not perhaps the most appealing of Aston designs but I think it evolved into a much better looking car with the later versions (fared in headlights, flared wheel arches, etc).How can you say that....how very dare you.....
Anyway, Avinalarf, I imagine you looked rather stylish driving around at the time in your car with your scarf fluttering out of the window.
The beautiful wood dash was very seductive.
it drew a lot of positive attention from the general public that didn't realise it was an Aston.
You will know that there could be problems with the electrics and that the relatively low purchase prices made it difficult to justify spending huge amounts on them to bring them up to scratch.
I reluctantly sold mine after 3 years as I felt that some large bills were becoming inevitable in the near future.
Of course soon after I sold it prices doubled.
Re. the rest of your post.....one has to look stylish when driving an Aston, the epitome of style.
At the moment I'm going through a " Rock Chick " phase brought on by binging on Sons of Anarchy on Netflix.
faa77 said:
Why did AM change to the AMG turbo engine? Because it has better performance over the NA? One of the reason people like AM is the engine noise, so removing this and replacing it for better performance never seemed a great move.
Where is all this tosh coming from? This is supposed to be a thread about the reasons for the decline in the share price (ie global car market downturn).Instead it’s turned into a moaning thread of “I don’t like X about the car and that’s why there’s a global economic downturn”. None of which is frankly why AML have had to warn that sales won’t GROW as much as they had hoped (but they’re still growing).
If you don’t like the engine then I think there’s a thread somewhere here where you can post on it. But maybe we could try and keep this thread a bit more focused? Asking for a friend
RobDown said:
This is supposed to be a thread about the reasons for the decline in the share price (ie global car market downturn).
I agree Rob that this is a thread about the significant fall in AML share price. Whether that is down to "global car market downturn" is a matter of opinion which is broadly what is being debated. RichB said:
RobDown said:
This is supposed to be a thread about the reasons for the decline in the share price (ie global car market downturn).
I agree Rob that this is a thread about the significant fall in AML share price. Whether that is down to "global car market downturn" is a matter of opinion which is broadly what is being debated. 
avinalarf said:
8Speed said:
avinalarf said:
What....what .....don't upset me.....or I'll ......Il'll get Tony Hall to pay you a visit.
How can you say that....how very dare you.....
Not perhaps the most appealing of Aston designs but I think it evolved into a much better looking car with the later versions (fared in headlights, flared wheel arches, etc).How can you say that....how very dare you.....
Anyway, Avinalarf, I imagine you looked rather stylish driving around at the time in your car with your scarf fluttering out of the window.
The beautiful wood dash was very seductive.
it drew a lot of positive attention from the general public that didn't realise it was an Aston.
You will know that there could be problems with the electrics and that the relatively low purchase prices made it difficult to justify spending huge amounts on them to bring them up to scratch.
I reluctantly sold mine after 3 years as I felt that some large bills were becoming inevitable in the near future.
Of course soon after I sold it prices doubled.
Re. the rest of your post.....one has to look stylish when driving an Aston, the epitome of style.
At the moment I'm going through a " Rock Chick " phase brought on by binging on Sons of Anarchy on Netflix.
2002 said:
avinalarf said:
8Speed said:
avinalarf said:
What....what .....don't upset me.....or I'll ......Il'll get Tony Hall to pay you a visit.
How can you say that....how very dare you.....
Not perhaps the most appealing of Aston designs but I think it evolved into a much better looking car with the later versions (fared in headlights, flared wheel arches, etc).How can you say that....how very dare you.....
Anyway, Avinalarf, I imagine you looked rather stylish driving around at the time in your car with your scarf fluttering out of the window.
The beautiful wood dash was very seductive.
it drew a lot of positive attention from the general public that didn't realise it was an Aston.
You will know that there could be problems with the electrics and that the relatively low purchase prices made it difficult to justify spending huge amounts on them to bring them up to scratch.
I reluctantly sold mine after 3 years as I felt that some large bills were becoming inevitable in the near future.
Of course soon after I sold it prices doubled.
Re. the rest of your post.....one has to look stylish when driving an Aston, the epitome of style.
At the moment I'm going through a " Rock Chick " phase brought on by binging on Sons of Anarchy on Netflix.
Bugger .....note to myself ...." STAY FOCUSSED ".
Sorry Rich and Rob's friend.
avinalarf said:
No apology needed because it is relevant to the thread. My son, who is 35, is drives a V8 Vantage and the big Virage is one of his favourite Astons. We went to Nicholas Mee's place and it was these he was looking at. The relevance to the share price is that although he is a young he's not so keen on the new Vantage. Edited by RichB on Saturday 27th July 14:37
RichB said:
agree Rob that this is a thread about the significant fall in AML share price. Whether that is down to "global car market downturn" is a matter of opinion which is broadly what is being debated.
Agreed. If the simple answer was ‘Global car market downturn’ then I don’t think we’d be on page six.As an observer, I’d summarise the situation as a combination of the lower demand (pull) for the new model range coupled with / exacerbated by oversupply from the factory (push) which has meant that AML have not been able to mitigate /reverse the macroeconomic factors that are affecting the sector.
As Rob rightly says though, the headline is one of slower-than-anticipated growth, not decline. AML continues to be profitable which, let’s remember, is not its historical MO.
avinalarf said:
At least wait until the DBX had arrived and the order book had looked healthy
My concern with the DBX is that because of the price it will not be a volume seller like the Cayenne which saved Porsche but like a luxury purchase like the Bentayga and Cullinan. And, unless it sells in volumes will it really have the Cayenne effect? Edited by RichB on Saturday 27th July 15:30
RichB said:
avinalarf said:
No apology needed because it is relevant to the thread. My son, who is 35, is drives a V8 Vantage and the big Virage is one of his favourite Astons. We went to Nicholas Mee's place and it was these he was looking at. The relevance to the share price is that although he is a young he's not so keen on the new Vantage. Edited by RichB on Saturday 27th July 14:37
In serious mode..... I'm not at all certain that the views of the look of the new Vantage have really had that great an impact on the share price.
1) Once driven it appears to be a very good car. ( I have not driven it ).
2) Although opinion on PH on its styling has been mainly negative it might be that it does appeal to others out there wanting something less traditional.
3) A few tweaks might give it wider appeal on here.
4) I don't think that the new Vantage alone, if at all, would have caused the dramatic fall in the share price.
a)The price was set too high in the first place and did not appear to take into account the very difficult economic environment that has affected many other car manufacturers.
b) Until the DBX is a proven success and sells in the anticipated quantities the opening share price was highly ambitious.
c)Apart from giving the interested parties an healthy payday was it really the right time to float the company ?
At least wait until the DBX had arrived and the order book had looked healthy.
RichB said:
avinalarf said:
At least wait until the DBX had arrived and the order book had looked healthy
My concern with the DBX is that because of the price it will not be a volume seller like the Cayenne which saved Porsche but like a luxury purchase like the Bentayga and Cullinan. If I wanted an SUV my first port of call would be a Range Rover that provides an excellent vehicle at a "reasonable" price.
Then again it's aimed at the market you describe.
You know what....the further we discuss this subject the more I have to conclude that AM might really have a problem.
That is on the price of their new range of cars especially if specced up a tad.
I'd like to know if others share my concerns.
Edited by avinalarf on Saturday 27th July 16:43
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