RE: Aston Martin caps DBX production at 5,000 a year

RE: Aston Martin caps DBX production at 5,000 a year

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Crankie Shaft

71 posts

155 months

Saturday 29th June 2019
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unsprung said:
sorry... but I'm happy to try further! coffee

Before I continue: I have no monopoly on this topic, and I assume that others will continue to comment this thread.

Today the luxury SUV speaks of the indomitable.

And no other vehicle can achieve this in quite the same way.

OEMs are not "selling out" by making swish SUVs. They're acknowledging that the SUV is less and less "one of the choices available" and more and more the very definition of motoring. This is historic. It is true both for a large percentage of the population as well as up and down the socio-demographic ladder.

It's fair to ask, as you do, "Why didn't Ferrari build a luxury saloon when luxury saloons were the pinnacle of the luxury segment?"

a. We are different. And we are rich.

People in the UK and other Western nations are living further up Maslow's Hierarchy of Needs than even a generation or two ago. Consider how our grandparents approached things like work, home, a holiday, and so on. We are likely to find that expectations were relatively low and remarkably homogeneous. This is all but gone.

In its place are needs, products, and brands that are far more existential, more expressive, and more individualised. Moreover there is the matter of money. Today's car buyer is offered more features and more performance -- at a lower price -- than ever before. There are also more "well to do" people, both nominally and as a percentage of the population, than ever before.

b. Luxury has been democratised.

This is not merely about the rise of Lexus and, now, Genesis. It is also about "entry level" cars offered by the Germans. It is about Ferrari announcing that its California was made "easier to drive" with female buyers in mind. And it is also about middle-class brands having quite a lot of comfort and clever kit in their own middle-market offerings.

In important ways, a Ford saloon of today is markedly superior to a Mercedes-Benz saloon of years ago. Quite simply: all car buyers, including luxury car buyers, expect more from their cars today as well as more from the OEMs who produce these cars.

We no longer assume that OEMs will fit into discrete boxes; instead we find that OEMs are perched somewhere along a spectrum of experiences which blend, one into the other. If a Lamborghini owner enjoys a two-seat performance car, he or she is not wrong to turn to the OEM and say, "I adore the weekend toy you've given me. Why can't you make me your version of these posh SUVs that my friends and I like?"

Years ago there were essentially no such people.
Think you're absolutely spot on there. PCP/HP has played its part too I think, giving access to higher end cars to a market that historically wouldn't have existed.

I actually know someone who is exactly your Lambo owner example. Has owned several Lambo's over the years and always had a FFRR as the 'family' car. Got bored of the ownership experience (crap service, last RR was a bit of a lemon) and liked the idea of having a daily Lambo. The Urus was a no-brainer for him.

simonrockman

6,861 posts

256 months

Saturday 29th June 2019
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Andy Palmer said:
Protecting Aston’s status as a luxury brand
So what was the Cygnet about then?

FWIW I think that in a post-Brexit Britian, when all the car manufacturers have shut up and left their factories empty, the government would be well advised to chuck a shedload of money at Aston Martin, devalue the brand and make a 3 Series rival.

okenemem

1,358 posts

195 months

Saturday 29th June 2019
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wat a shame

Thankyou4calling

10,609 posts

174 months

Saturday 29th June 2019
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There’s no chance of them selling 5000 of these a year.

There are simply too many cars competing for too few buyers.

Bentayga
RR Vogue
Urus
Cullinan
Levante
X8
Q8
Cayenne

There’s simply not enough people to go round.

Agent57

1,664 posts

155 months

Sunday 30th June 2019
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They are making an SUV because they are profitable and that is what people seem to want. It is more than just a trend or fashion now.

Not sure why Aston are officially showing a disguised car. I understand companies disguise cars whilst they are being tested but why would the press department want to show this thing. It was never going to look good but at least wait until you have a finished version in a nice colour to show.

AdamV12AMR

1,380 posts

157 months

Sunday 30th June 2019
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Doofus said:
And if you really want to ensure that "demand always outstrips supply", then why not build none at all?
scratchchin

Assuming a 15% gross margin and an MSRP of £120k (I have no idea at all, but to illustrate the point), £120,000 x 15% x 5,000 = £90m.

I’m no big shot CEO, but I’d take £90m p/a over £0m every time.

And if the longer term effect is better residuals as a result of less stock in the channel (see new Vantage / DB11 of how not to do it) then this will bring more people into the brand.

Whether there’s enough demand to meet the supply of 5k cars a year, only time will tell, but it’s not a terrible strategy and one that has clearly worked for Ferrari.

dazwalsh

6,095 posts

142 months

Sunday 30th June 2019
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They could build diggers and dumpers for all i care as long as its a revenue stream that allows them to survive building sports cars.

Doofus

25,848 posts

174 months

Sunday 30th June 2019
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AdamV12AMR said:
Doofus said:
And if you really want to ensure that "demand always outstrips supply", then why not build none at all?
scratchchin

Assuming a 15% gross margin and an MSRP of £120k (I have no idea at all, but to illustrate the point), £120,000 x 15% x 5,000 = £90m.

I’m no big shot CEO, but I’d take £90m p/a over £0m every time.

And if the longer term effect is better residuals as a result of less stock in the channel (see new Vantage / DB11 of how not to do it) then this will bring more people into the brand.

Whether there’s enough demand to meet the supply of 5k cars a year, only time will tell, but it’s not a terrible strategy and one that has clearly worked for Ferrari.
Every motor manufacturer, of every type of car, at every price point wants demand to outstrip supply. Nobody wants to build units that won't sell.

My point was that it was a fatuous statement.

Adam B

27,271 posts

255 months

Sunday 30th June 2019
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LooneyTunes said:
Personally I don’t really see buying a DBX/Urus/Bentayga when the FFRR does its job well and allows fewer compromises to be made with respect to the proper toys. Maybe it’s a city vs country thing...
1. Why spend money on off road RR ability you would never use
2. They can be unreliable
3. IMHO tired styling now
4. If you have loads of money you want a Bentley/Lambo/Aston badge as they don’t make anything as cheap and commonplace as a Evoque

I succumbed and bought a Macan turbo as daughter could no longer fit in the 911, it’s great, comfortable, practical and quick and sporty enough for me. Other SUVs were way to big for me

Ken Figenus

5,714 posts

118 months

Sunday 30th June 2019
quotequote all
Thankyou4calling said:
There’s no chance of them selling 5000 of these a year.

There are simply too many cars competing for too few buyers.

Bentayga
RR Vogue
Urus
Cullinan
Levante
X8
Q8
Cayenne

There’s simply not enough people to go round.
Porsche Cayenne Global sales (and Porsche might well have a 50% + margin on these...)

2018 13.848
2017 11.933
2016 17.169
2015 17.851
2014 12.323
2013 16.855
2012 20.353
2011 18.028

I suspect the Aston will be £50k more than a nicely specced Cayenne/FFRR - but that is what balloons are forbiggrin I

Really need to SEE the final one to gauge looks - it will live or die by that. Its getting the AMG V8 - one of the best engines ever made. It has to be a looker though as that is what Aston have always nailed in past years. Please god let it look better than a Cayenne/Bentayga and it might make its bed.

LooneyTunes

6,880 posts

159 months

Sunday 30th June 2019
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Adam B said:
LooneyTunes said:
Personally I don’t really see buying a DBX/Urus/Bentayga when the FFRR does its job well and allows fewer compromises to be made with respect to the proper toys. Maybe it’s a city vs country thing...
1. Why spend money on off road RR ability you would never use
2. They can be unreliable
3. IMHO tired styling now
4. If you have loads of money you want a Bentley/Lambo/Aston badge as they don’t make anything as cheap and commonplace as a Evoque

I succumbed and bought a Macan turbo as daughter could no longer fit in the 911, it’s great, comfortable, practical and quick and sporty enough for me. Other SUVs were way to big for me
You’ve rather misquoted me there! What I actually said was “However, at the luxury end people round here seem to buy FFRRs/RRS *and* have something fast as well. Personally I don’t really see buying a DBX/Urus/Bentayga when the FFRR does its job well and allows fewer compromises to be made with respect to the proper toys. Maybe it’s a city vs country thing...”

If you are limited to one car then sure, maybe you do want a 4x4 with the badges mentioned, but if you already own one (or possibly more) from those marques then there are plenty who will choose the FFRR. The ubiquity of Land Rover isn’t a problem for any of those I know who run them alongside other kit.

anonymous-user

55 months

Sunday 30th June 2019
quotequote all
Agent57 said:
They are making an SUV because they are profitable and that is what people seem to want. It is more than just a trend or fashion now.
Great. I'll be expecting a full range now from all the sports and supercar marques. From supermini to people carriers, hell even vans. I'll take a high-top Luton Aston Martin panel van with a V8.

Adam B

27,271 posts

255 months

Sunday 30th June 2019
quotequote all
LooneyTunes said:
Adam B said:
LooneyTunes said:
Personally I don’t really see buying a DBX/Urus/Bentayga when the FFRR does its job well and allows fewer compromises to be made with respect to the proper toys. Maybe it’s a city vs country thing...
1. Why spend money on off road RR ability you would never use
2. They can be unreliable
3. IMHO tired styling now
4. If you have loads of money you want a Bentley/Lambo/Aston badge as they don’t make anything as cheap and commonplace as a Evoque

I succumbed and bought a Macan turbo as daughter could no longer fit in the 911, it’s great, comfortable, practical and quick and sporty enough for me. Other SUVs were way to big for me
You’ve rather misquoted me there! What I actually said was “However, at the luxury end people round here seem to buy FFRRs/RRS *and* have something fast as well. Personally I don’t really see buying a DBX/Urus/Bentayga when the FFRR does its job well and allows fewer compromises to be made with respect to the proper toys. Maybe it’s a city vs country thing...”

If you are limited to one car then sure, maybe you do want a 4x4 with the badges mentioned, but if you already own one (or possibly more) from those marques then there are plenty who will choose the FFRR. The ubiquity of Land Rover isn’t a problem for any of those I know who run them alongside other kit.
Apologies if you thought my edited quote was misquoting but I was only really addressing why people would choose very expensive SUVs over a FFRR, I gave 4 reasons. Of course some will choose the RR (most in fact, I am sure they out sell the premium brands).

But there are plenty of people who want the most premium and for them ubiquity is certainly bad. They want exclusivity and the badge, and maybe the extra oomph all that money buys

B17NNS

18,506 posts

248 months

Sunday 30th June 2019
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When you're capable of this...







and then build this...



...you deserve nothing short of the equivalent of an absolute automotive drubbing. Aston could have knocked this out of the park. Literally had people queuing up. The DBX stinks to high heaven of 'what's the bare minimum we can do to capitalise on the current trend for expensive SUV's?'

The guys who designed the car at the top were given LSD and told not to leave the room until they'd designed the ultimate interpretation of what an SUV could be. Oh, and you'd better make achingly pretty too.

The DBX guys? They got some Werther's Originals, a Rover 200 with a lift kit, a grille and some badges. When did mediocrity and banality become an acceptable modus operandi?

People who buy cars at this level on the whole are not stupid. They will not fall for this. Capping production to maintain exclusivity? What's next? A new clothing line especially for Emperors?

Edited by B17NNS on Sunday 30th June 16:24

unsprung

5,467 posts

125 months

Sunday 30th June 2019
quotequote all
PRND said:
Agent57 said:
They are making an SUV because they are profitable and that is what people seem to want. It is more than just a trend or fashion now.
Great. I'll be expecting a full range now from all the sports and supercar marques. From supermini to people carriers, hell even vans. I'll take a high-top Luton Aston Martin panel van with a V8.
Indomitable. That's what's missing from your (sarcastic, yes I understand) comment about a full range. Therefore, a full SUV range won't be offered at top of the market. One or two luxury OEMs might offer a larger SUV and a smaller SUV, but that'll be the extent of it.


unsprung

5,467 posts

125 months

Sunday 30th June 2019
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B17NNS said:
When you're capable of this...
well argued, with beautiful images and some clever twists




Robert-nszl1

401 posts

89 months

Sunday 30th June 2019
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https://www.google.com/amp/s/www.forbes.com/sites/...

I can't help but think they should concentrate on cars, but as sheds go, this is pretty spectacular....


Fire99

9,844 posts

230 months

Sunday 30th June 2019
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Obviously, I can't say too conclusively until the actual car appears (minus camo.) but if they're going to allow camouflaged cars to be photographed, we're going to make some kind of judgement on whether it looks like something we're going to like.

At this stage, it looks like a somewhat lazy attempt and it wears its "just a car to fill a requirement" cap just a little too obviously.

I think the luxury market for this type of car is pretty well occupied with some pretty well developed cars. I think Aston Martin may have aimed just a little shy of treble twenty with this... So far.

unsprung

5,467 posts

125 months

Sunday 30th June 2019
quotequote all
Robert-nszl1 said:
https://www.google.com/amp/s/www.forbes.com/sites/...

I can't help but think they should concentrate on cars, but as sheds go, this is pretty spectacular....
Aston Martin are in the experiential business. Outcomes are delivered via skilful engineering and inspired design.

With this in mind, we can confidently claim that the building in Miami is more on-brief than the DBX SUV. The building belongs in the AM portfolio; the DBX, as it currently appears to be, doesn't.



don29

365 posts

206 months

Sunday 30th June 2019
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Have they just used a Nissan Duke and ‘Astoned’’ it as they did with the Sygnet?