AM sale??
Author
Discussion

oilit

Original Poster:

2,808 posts

208 months

Jon39

14,928 posts

173 months

Thursday 28th January 2021
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I saw that, but cannot believe it.

The engine, electronics and battery deal with Mercedes-Benz, must surely have a change of control clause.
That would be quite a hurdle, to even keep production flowing, now that AML are so reliant on those components.


Graze01

1,182 posts

122 months

Thursday 28th January 2021
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now that is interesting!

Graze

Viahuerto

162 posts

91 months

Friday 29th January 2021
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This would be quite a surprise.

Beckson

445 posts

81 months

Friday 29th January 2021
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wow. I mean Jaguar I suppose had a lost of investment from TATA group for new models, but I don't see that as a viable long term option for AM.


telum01

987 posts

145 months

Friday 29th January 2021
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Everything has a price...

anonymous-user

84 months

Friday 29th January 2021
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It's joe saward.

V8V Pete

2,536 posts

156 months

Friday 29th January 2021
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Jon39 said:

I saw that, but cannot believe it.

The engine, electronics and battery deal with Mercedes-Benz, must surely have a change of control clause.
That would be quite a hurdle, to even keep production flowing, now that AML are so reliant on those components.
The article states "Additionally, it already has a partnership with Daimler, which also has a share in Aston Martin" so maybe they have that covered.

Jon39

14,928 posts

173 months

Friday 29th January 2021
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V8V Pete said:
Jon39 said:

I saw that, but cannot believe it.

The engine, electronics and battery deal with Mercedes-Benz, must surely have a change of control clause.
That would be quite a hurdle, to even keep production flowing, now that AML are so reliant on those components.
The article states "Additionally, it already has a partnership with Daimler, which also has a share in Aston Martin" so maybe they have that covered.


Thanks Pete. Maybe I just worry too much.




List prices
Evoque = 368,000 yuan
X7 ....... = 120,000 yuan






KevinBird

1,068 posts

237 months

Friday 29th January 2021
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The total silence from Tobias since he joined may indicated the task to turn things around, compounded by COVID needs far more investment than Stroll and co can manage so they have no choice

As others have said TATA has been good news for JLR so it maybe a good thing


Nbgring

168 posts

153 months

Friday 29th January 2021
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"there's also a possibility that Aston Martin could be bought again..."

BYD is the leading EV company in China. Their intention is to become the global leader and they may pass Tesla and VW soon.
They "probably" want to expand into European markets - but how could an acquisition of a major stake in AML help? Not at all in my opinion.
If I would want to enter the European market I would not consider to buy a company with a dealer network.
The future (not only with EV) is sale directly from the producing company via internet - leaving out any independent or affiliated dealer.
Repair and maintenance of EV is significantly reduced and would require different skills compared to current shops.
BYD is mass market, not luxury segment.

Could they provide an EV-platform for AML to use for a EV-version of the DBX? Probably, but who would buy that car?
I do not see any fit for such a possible transaction.

But: It could be a social prestige thing of the management, the same way as VW did with Bugatti and Ducati.

8Speed

786 posts

96 months

Friday 29th January 2021
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Probably the only 2 things that would cause me to sell my AM are:
1. Bankruptcy
2. Chinese ownership.

Beckson

445 posts

81 months

Friday 29th January 2021
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Not sure it would be cause to sell, if anything it just cements that the VH cars are something very specially historically, that probably will never happen again and might be a reason to be put in the "absolutely never sell" category.

LTP

3,115 posts

142 months

Friday 29th January 2021
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Jon39 said:


Thanks Pete. Maybe I just worry too much.




List prices
Evoque = 368,000 yuan
X7 ....... = 120,000 yuan
I'm not sure what point you are making with the pictures, Jon, but the Landwind X7 was the subject of copyright action by JLR; one of the few that has been upheld in China

https://www.theguardian.com/business/2019/mar/22/j...

LTP

3,115 posts

142 months

Friday 29th January 2021
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Nbgring said:
I do not see any fit for such a possible transaction.

But: It could be a social prestige thing of the management, the same way as VW did with Bugatti and Ducati.
Because that worked so well for the once well respected MG brand

Viahuerto

162 posts

91 months

Friday 29th January 2021
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There is a lot of easy money sloshing around right now and a company looking to make a mark might overpay to get a storied brand. It would be impossible for Stroll to pass on a price that covers the top end of his anticipated upside.

AdamV12V

5,314 posts

207 months

Friday 29th January 2021
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Easy money? Unless you are making vaccines or face masks right now, nothing is easy and certainly car manufacturing and motorsports in what will be a prolonged pandemic will not be easy money. There are still many months, maybe years of uncertain times ahead...

That said I do think the Chinese giants are set to make a number of such take overs of historic and established western brands / marques in the years to come as they inevitably become the new global super power.

It will be a sad day if it happens and I suspect the brand wont be what it was going forward if this happens, but it will as said above only cement the value of all the cars already built from each and every of the prior era's. Equally the inevitable end of ICE will largely mean that will happen anyway, just a matter of which drives the timeline soonest.

As for if Stroll will be able to resist such an offer? I suspect it all depends on if he values making a few $$$ more than he already has or if he just wants to put his name down in history as the man who took Aston Martin to the next chapter and to F1 success. Not everyone has their price, but then I don't know enough about Stroll to comment either way on this point.

AstonV

1,656 posts

136 months

Saturday 30th January 2021
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Chinese ownership. hurl

Viahuerto

162 posts

91 months

Saturday 30th January 2021
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AdamV12V said:
Easy money? Unless you are making vaccines or face masks right now, nothing is easy and certainly car manufacturing and motorsports in what will be a prolonged pandemic will not be easy money. There are still many months, maybe years of uncertain times ahead...

That said I do think the Chinese giants are set to make a number of such take overs of historic and established western brands / marques in the years to come as they inevitably become the new global super power.

It will be a sad day if it happens and I suspect the brand wont be what it was going forward if this happens, but it will as said above only cement the value of all the cars already built from each and every of the prior era's. Equally the inevitable end of ICE will largely mean that will happen anyway, just a matter of which drives the timeline soonest.

As for if Stroll will be able to resist such an offer? I suspect it all depends on if he values making a few $$$ more than he already has or if he just wants to put his name down in history as the man who took Aston Martin to the next chapter and to F1 success. Not everyone has their price, but then I don't know enough about Stroll to comment either way on this point.
Interest rates are zero. The Chinese economy is growing. They have cash and asset valuations are all over the place. I'm not saying AM sale is a done deal but it isn't an outlandish proposition. As far as the end of ICE goes I am already calculating what to buy and when to keep my garage full. In the long term we are all going to die off and ICE will become a historic curio....but that isn't something for me to fret about!

Tyre Smoke

23,018 posts

291 months

Saturday 30th January 2021
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LTP said:
I'm not sure what point you are making with the pictures, Jon, but the Landwind X7 was the subject of copyright action by JLR; one of the few that has been upheld in China

https://www.theguardian.com/business/2019/mar/22/j...
Don't know why, clearly very different cars. I mean look at the headlights and side repeaters, even the rear quarter window is different!!