Discussion
brakedwell said:
I can't imagine why M & M would want to build a tractor on a VH platform with carbon fibre splitters and a crystal ECU. Lets hope the Italians win the day and some sort of tie up with AMG comes about.
Don't forget M&M own Ssangyong Motor - luxury 4x4 anyone?Good article in the FT today
http://www.ft.com/cms/s/0/c1f32bc0-3617-11e2-936c-...
mikey k said:
I am curious what M&M think they will get out of being the minority share holder in AML 
Global brand recognition. In future, all press articles would say "Mahindra+Mahindra - owners of Aston Martin"
Raises their profile hugely.
Then they get access to AM VH architecture - aluminium bonding techniques, luxury car manufacturing etc.
Not agreeing with them, but can see the (failed) logic in their thought process - they did bid for Jaguar Land Rover, so they want to get into global brands, and car manufacturing in a big way.
Neil1300R said:
mikey k said:
I am curious what M&M think they will get out of being the minority share holder in AML
Global brand recognition. In future, all press articles would say "Mahindra+Mahindra - owners of Aston Martin"
Raises their profile hugely.
Then they get access to AM VH architecture - aluminium bonding techniques, luxury car manufacturing etc.
Not agreeing with them, but can see the (failed) logic in their thought process - they did bid for Jaguar Land Rover, so they want to get into global brands, and car manufacturing in a big way.
I would suspect Investment DAR would prevent both of those?
Update from Reuters:
http://uk.reuters.com/article/2012/11/26/us-astonm...
Suggests that the deal could Be complete this week, and looks at MM being successful but questions the wisdom of MM because the author does not think any AM tech could be used by MM.
No comments from II or Dar so it could still be anybodies race. Personally I will be keeping my fingers crossed for the Italian bid because of the possibility of bringing AMG tech into the business.
http://uk.reuters.com/article/2012/11/26/us-astonm...
Suggests that the deal could Be complete this week, and looks at MM being successful but questions the wisdom of MM because the author does not think any AM tech could be used by MM.
No comments from II or Dar so it could still be anybodies race. Personally I will be keeping my fingers crossed for the Italian bid because of the possibility of bringing AMG tech into the business.
mikey k said:
Does anyone know what % DAR own and how much of that stake they are looking to sell?
I thought I had a note of all the shareholder percentages (as at the 2007 ownership change, which at that time did include a Ford stake).I cannot locate anything now, and no luck either with several internet searches.
Does anyone have the shareholder percentage ownership?
DB9VolanteDriver said:
AMG tech going into an Aston? God help us....
Best thing for AM is someone with deep pockets who will treat AM as their pinnacle brand, as opposed to MB, where AM would just be another spoke on the wheel.
No-one has mooted an MB buyout - just access to AMG engines via an Industrial Venture Capitalist group who have a relationship with them. Of all the engine partners AM could have found, they'd have been my choice. Character, capacity and capability!Best thing for AM is someone with deep pockets who will treat AM as their pinnacle brand, as opposed to MB, where AM would just be another spoke on the wheel.
Have a sinking feeling that Mahindras pockets are deeper and DAR don't really care enough about the brand to be interested in who wins... They are an investment group, therefore they exist to make money, as much as possible at whatever cost.
http://uk.reuters.com/article/2012/11/26/uk-astonm...
Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
Is £250 million enough to develop a new engine or two?
No fat lady has sung yet of course, still wide open.
Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
Is £250 million enough to develop a new engine or two?
No fat lady has sung yet of course, still wide open.
steveatesh said:
http://uk.reuters.com/article/2012/11/26/uk-astonm...
Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
Is £250 million enough to develop a new engine or two?
No fat lady has sung yet of course, still wide open.
What I have read here doesn't necessarily mean any money for AM development. It seems to me that there are no new shares being issued (if there were the proceeds would go to the company) rather it is Investment Dar which is selling part of its stake - they are said to be wanting to "recoup" some of their investment- in which case the proceeds go to Dar not AM.Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
Is £250 million enough to develop a new engine or two?
No fat lady has sung yet of course, still wide open.
yeti said:
····· DAR don't really care enough about the brand to be interested in who wins... They are an investment group, therefore they exist to make money, as much as possible at whatever cost.
Yes, but they won't make much out of this deal.If, instead of investing in a sports car manufacturer in 2007, they had taken a stake in a tobacco company, it would have been double your money time now.
Retman said:
steveatesh said:
http://uk.reuters.com/article/2012/11/26/uk-astonm...
Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
Is £250 million enough to develop a new engine or two?
No fat lady has sung yet of course, still wide open.
What I have read here doesn't necessarily mean any money for AM development. It seems to me that there are no new shares being issued (if there were the proceeds would go to the company) rather it is Investment Dar which is selling part of its stake - they are said to be wanting to "recoup" some of their investment- in which case the proceeds go to Dar not AM.Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
Is £250 million enough to develop a new engine or two?
No fat lady has sung yet of course, still wide open.
steveatesh said:
http://uk.reuters.com/article/2012/11/26/uk-astonm...
Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
A car (or other automotive related company) buying AM as a trophy is just what AM needs. People should remember that Ford bought AM for the very same reason. Once bought, they injected massive amounts of money into AM, which is still bearing fruit at AM today. Now, if Mahindra does the same, there will be a resurgence of the AM brand. When M&M gets tired of owning AM, the process can repeat. Update article.
Well the works Union would prefer M and M too. It appears that they are doing this more for the kudos than taking tech out of AM, and if they have loads of money then good.
Kinda' like having a trophy wife for a few years, spending all your money on her, and then doing it all over again when she gets a little long in the tooth....
mikey k said:
That was pointed out early on which is why I was curious about DAR's % and what portion of that they are looking to off load.
You may have read earlier in this topic, that I am hoping someone can clarify the entire shareholder percentages.From memory I think DAR own 64%.
The rumours are suggesting a disposal, to take their holding down to about 15%.
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