Aston up for sale
Discussion
Just on the news wires that Aston's owners are looking for buyers....
I think BMW woul dbe a great fit....can't see anyone paying anything like $800mil for it.
- ASTON MARTIN OWNER SAID TO APPROACH SUITORS FOR U.K. CARMAKER
- ASTON MARTIN SALE SAID TO PROVE DIFFICULT BECAUSE OF PRICE
I think BMW woul dbe a great fit....can't see anyone paying anything like $800mil for it.
Edited by Cheib on Friday 9th November 14:24
BloombergNews Twitter said:
FLASH: Aston Martin owner said to approach suitors for U.K. carmaker
https://twitter.com/BloombergNewsInteresting
The Crack Fox said:
I just don't see a happy fit with JLR, Jag and AM would make awkward bedfellows IMO, and I have a nagging feeling that AM are rapidly approaching deep financial doo-doo that JLR's owners won't want to take on now they're doing so well.
It'll fit the profile though.Jaguar for saloons and sports cars up to £80k.
Aston will fit the Super GT role for the supercars/big GT cars.
LHD said:
It'll fit the profile though.
Jaguar for saloons and sports cars up to £80k.
Aston will fit the Super GT role for the supercars/big GT cars.
Same reasons work for BMW except better. They have the engines and chassis technology which would work very well in an Aston....JLR don't have a V12 for instance. Jaguar for saloons and sports cars up to £80k.
Aston will fit the Super GT role for the supercars/big GT cars.
Cheib said:
LHD said:
It'll fit the profile though.
Jaguar for saloons and sports cars up to £80k.
Aston will fit the Super GT role for the supercars/big GT cars.
Same reasons work for BMW except better. They have the engines and chassis technology which would work very well in an Aston....JLR don't have a V12 for instance. Jaguar for saloons and sports cars up to £80k.
Aston will fit the Super GT role for the supercars/big GT cars.
Zod said:
BMW would be perfect. They have the world's best engines and they've shown they understand British prestige brands through their outstanding management of Rolls Royce. They also have the problem of being unable to persuade people to pay £100k+ for a BMW sports coupe, convertible or saloon. Owning Aston Martin would solve that instantly.
+1Aston went for an inflated price when Ford sold them, it was the only good bit of business they made in there fire sale of premium brands, the buyers got a poor deal considering fords forced seller status
JLR went for just over 2.5 times more than Aston got sold for, despite being a much bigger business with a far better chance of making big profits, if properly managed
They now want out with a decent profit, whether they get it is another thing entirely, there price looks unrealistic in the current climate, and little value has been added to the brand under there few years in charge
JLR went for just over 2.5 times more than Aston got sold for, despite being a much bigger business with a far better chance of making big profits, if properly managed
They now want out with a decent profit, whether they get it is another thing entirely, there price looks unrealistic in the current climate, and little value has been added to the brand under there few years in charge
Zod said:
Cheib said:
LHD said:
It'll fit the profile though.
Jaguar for saloons and sports cars up to £80k.
Aston will fit the Super GT role for the supercars/big GT cars.
Same reasons work for BMW except better. They have the engines and chassis technology which would work very well in an Aston....JLR don't have a V12 for instance. Jaguar for saloons and sports cars up to £80k.
Aston will fit the Super GT role for the supercars/big GT cars.
I's such an obvious fit I really can't understand why they haven't done it. I read somewhere yesterday that BMW spends twice Aston's total turnover just on engine development and EV tech.
peter450 said:
Aston went for an inflated price when Ford sold them, it was the only good bit of business they made in there fire sale of premium brands, the buyers got a poor deal considering fords forced seller status
JLR went for just over 2.5 times more than Aston got sold for, despite being a much bigger business with a far better chance of making big profits, if properly managed
They now want out with a decent profit, whether they get it is another thing entirely, there price looks unrealistic in the current climate, and little value has been added to the brand under there few years in charge
But if they are desperate to sell to raise cash, then it's a good time to buy. My money would be on BMW or a Chinese company wanting to buy another western asset. I think Jag have too close a line up to take on Aston as well personally, but we will see. JLR went for just over 2.5 times more than Aston got sold for, despite being a much bigger business with a far better chance of making big profits, if properly managed
They now want out with a decent profit, whether they get it is another thing entirely, there price looks unrealistic in the current climate, and little value has been added to the brand under there few years in charge
I read it that Toyota have stepped back after looking at the books, although it may have been the way the Article was written.
There is an opportunity here IF the current owners are desperate to raise cash, it's a good bargaining position for any potential buyer because a daft offer might just be accepted! AM may well change hands as a result, let's hope, if so, that its somebody who wants to move the cars on with lots of investment.
There is an opportunity here IF the current owners are desperate to raise cash, it's a good bargaining position for any potential buyer because a daft offer might just be accepted! AM may well change hands as a result, let's hope, if so, that its somebody who wants to move the cars on with lots of investment.
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