Aston up for sale
Discussion
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.
Agree with that, proven track record is a bonus & would inspire confidence they can put Aston Martin in the forefront again.peter450 said:
................ and little value has been added to the brand under there few years in charge
We have two topics running on the same subject. Can they be combined?...............
I only have a sketchy knowledge of the inside numbers, but I think praise
is due to the present managemant, for their determined push into export markets. I undrstand that 80% of production is now exported.
RJJ said:
Agree with that, proven track record is a bonus & would inspire confidence they can put Aston Martin in the forefront again.
I still think they would be better of with Toyota. BMW could do what they did with RR because the brand was virtually dead and didnt really have any viable products so it was a start from scratch, Look with they did to Rover....
craigjm said:
RJJ said:
Agree with that, proven track record is a bonus & would inspire confidence they can put Aston Martin in the forefront again.
I still think they would be better of with Toyota. BMW could do what they did with RR because the brand was virtually dead and didnt really have any viable products so it was a start from scratch, Look with they did to Rover....BMW have also done pretty well out of Mini.....which was arguably more dead than RR as it hadn't been in production for a long time.
Cheib said:
The Rolls Royce brand was dead ? Beg to differ.
BMW have also done pretty well out of Mini.....which was arguably more dead than RR as it hadn't been in production for a long time.
My point is both brands were very out of date whereas Aston isnt. Something which is out of date is easier to remodel than a company that already has a certain image and various models. BMW have also done pretty well out of Mini.....which was arguably more dead than RR as it hadn't been in production for a long time.
Jockman said:
BMW need to do something to address the hammering that Audi is giving them.
Not sure if buying a small niche provider will help
What hammering is that? They're selling record numbers of cars. The fact that the knob element has moved from BMW to Audi makes Audi's much more conspicuous that's all. Audi has increased sales enormously, but from a much lower base.Not sure if buying a small niche provider will help
Edited by Jockman on Saturday 10th November 10:12
Investment Dar have issued a statement that “it has a long term plan and commitment with Aston Martin and has no plans to sell Aston Martin in the short term.”
There was too much granularity in the original story for there not to be some substance to it. Could be that they have spoken to the obvious suitors and nobody wants to pay their price....
There was too much granularity in the original story for there not to be some substance to it. Could be that they have spoken to the obvious suitors and nobody wants to pay their price....
Just bumped this as saw this today:
http://www.thisismoney.co.uk/money/markets/article...
Dated 15/11/12, we can all sit on the sidelines and see how this plays out.
http://www.thisismoney.co.uk/money/markets/article...
Dated 15/11/12, we can all sit on the sidelines and see how this plays out.
Mr Aston Martin said:
However in this case I would suggest its more likely possible suitors will watch the decline of AML and the price.
Yup. My guess here is that Investment Dar approached buyers including Toyota. They looked at the books and think the asking price is too steep. The buyers have then subsequently leaked the story to the press to try and put pressure on Investment Dar. We now have a Mexican stand off...Aston will get sold and for less than investment Dar want. If someone was going to buy it for that price it would already have happened.
Cheib said:
Investment Dar have issued a statement that “it has a long term plan and commitment with Aston Martin and has no plans to sell Aston Martin in the short term.”
http://www.inv-dar.com/innerpages.aspx?id=11&Root=noPress release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
Jon39 said:
http://www.inv-dar.com/innerpages.aspx?id=11&R...
Press release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
"Peace in our time" Press release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
mph said:
Jon39 said:
http://www.inv-dar.com/innerpages.aspx?id=11&R...
Press release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
"Peace in our time" Press release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
Jon39 said:
http://www.inv-dar.com/innerpages.aspx?id=11&R...
Press release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
Restructuring the business debt while taking a £30,000,000 dividend shines a light on the long term commitment of the majority share holder. IMHOPress release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
It looks like AML will be a can which is kicked down the road until a successful sale.
mph said:
Jon39 said:
http://www.inv-dar.com/innerpages.aspx?id=11&R...
Press release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
"Peace in our time" Press release 13-Nov-2012.
'A statement issued by The Investment Dar Re Bloomberg Inaccurate reporting about Aston Martin.'
http://www.thehindubusinessline.com/companies/mm-j...
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