AML - Stock Market Listing
Discussion
New model development costs I guess must cover vantage v12 and dbx707 and dbs ultimate / on these you would like to think (simple man maths) that if you couldn’t recoup all development costs and make a profit and bill the sales number above last year then don’t do it….
Thus I wonder how much of that new model money actually went on really new models versus putting a bit of cf, some new paint and a different engine on an old body?
Thus I wonder how much of that new model money actually went on really new models versus putting a bit of cf, some new paint and a different engine on an old body?
Ghini said:
"
- The V12 Vantage Coupe, an iconic finale and the only time a turbocharged V12 engine has ever been fitted in a Vantage. All 333 units were sold before the car's reveal in March, and deliveries started in Q2 2022
- The V12 Vantage Roadster, fusing ultimate performance with open-air thrills. All 249 units sold-out following unveil at Pebble Beach, and deliveries started in Q4 2022"
Read somewhere that they lose 77K on each Valkyrie.. Lets hope they simplify the Valhalla. About Valhalla, during Pebble Beach they already said that they sold 50% of the 999 cars. Now they said "over 50%" so yes more than 50 but I guess not 60%. For a car like that I would have guessed it would be sold out by now. Delivery somewhere in 2024.
Not surprised with the Valkyrie, if the orders continue to stick. But I do wonder how happy owners really are. Issues are continuing...more so with what I have heard recently about gearbox components not being hardened correctly by a supplier to Ricardo, meaning all of them need replacing. - The V12 Vantage Coupe, an iconic finale and the only time a turbocharged V12 engine has ever been fitted in a Vantage. All 333 units were sold before the car's reveal in March, and deliveries started in Q2 2022
- The V12 Vantage Roadster, fusing ultimate performance with open-air thrills. All 249 units sold-out following unveil at Pebble Beach, and deliveries started in Q4 2022"
Read somewhere that they lose 77K on each Valkyrie.. Lets hope they simplify the Valhalla. About Valhalla, during Pebble Beach they already said that they sold 50% of the 999 cars. Now they said "over 50%" so yes more than 50 but I guess not 60%. For a car like that I would have guessed it would be sold out by now. Delivery somewhere in 2024.
cardigankid said:
To sell 3,200 DBX's is outstanding IMHO, I never thought they would do that. Clearly its a good car. DB11 (perfect as it is) is heading for a major refresh, production of the current model ends in the summer. DBS will shortly end too. So one might expect numbers to be tailing off.
On the Vantage F1, I quite agree with the points made. Fantastic car but even more so if you could get it in the spec you want. Maybe people are getting used to the looks.
The loss is not great news. How do they deal with that without the debt skyrocketing and still £580m in the bank? How many more cars do they have to sell to break even I wonder?
3200 DBX’s is massively below original forecast.On the Vantage F1, I quite agree with the points made. Fantastic car but even more so if you could get it in the spec you want. Maybe people are getting used to the looks.
The loss is not great news. How do they deal with that without the debt skyrocketing and still £580m in the bank? How many more cars do they have to sell to break even I wonder?
New refresh of the AM core GT range better be good: https://www.maserati.com/global/en/models/granturi...
Pflanzgarten said:
[ach, and deliveries started in Q4 2022"
Read somewhere that they lose 77K on each Valkyrie..
How is that possible on a £2-3M priced car? I mean, if someone is willing to pay £2.1M for a car they'll presumably pay £2.2M?Read somewhere that they lose 77K on each Valkyrie..
Part of the issue for AM there is numerous parts outsourced to specialists. I doubt multimatic's involvement is coming cheap to make the thing work.
Pflanzgarten said:
Read somewhere that they lose 77K on each Valkyrie..
Not only does that book set (I believe they’ve now published a more accessible/cheaper cutdown version) give unprecedented insight into the tortured project from the outset, but also the sense of immense achievement.
The AMG One leaves me stone cold. Let’s give AM and Red Bull, plus the numerous suppliers, huge credit for creating the once-in-a-generation spaceship for the road that stole all the silverware from their well-funded counterparts at Affalterbach.
For a company with restricted funds, even with a baying groups of cynics in the wider community, Aston can still achieve great things. The DBX for potential commercial success. The Valkyrie for engineering achievements. The DBR22 for creative superlatives. The numbers only tell the story of one aspect.
nickv12 said:
I’ll be amazed if they don’t lose that figure with a zero added to the end on each Valkyrie. Please buy and read the wonderful “Inside Valkyrie” book published by Waft.be
Not only does that book set (I believe they’ve now published a more accessible/cheaper cutdown version) give unprecedented insight into the tortured project from the outset, but also the sense of immense achievement.
The AMG One leaves me stone cold. Let’s give AM and Red Bull, plus the numerous suppliers, huge credit for creating the once-in-a-generation spaceship for the road that stole all the silverware from their well-funded counterparts at Affalterbach.
For a company with restricted funds, even with a baying groups of cynics in the wider community, Aston can still achieve great things. The DBX for potential commercial success. The Valkyrie for engineering achievements. The DBR22 for creative superlatives. The numbers only tell the story of one aspect.
Not only does that book set (I believe they’ve now published a more accessible/cheaper cutdown version) give unprecedented insight into the tortured project from the outset, but also the sense of immense achievement.
The AMG One leaves me stone cold. Let’s give AM and Red Bull, plus the numerous suppliers, huge credit for creating the once-in-a-generation spaceship for the road that stole all the silverware from their well-funded counterparts at Affalterbach.
For a company with restricted funds, even with a baying groups of cynics in the wider community, Aston can still achieve great things. The DBX for potential commercial success. The Valkyrie for engineering achievements. The DBR22 for creative superlatives. The numbers only tell the story of one aspect.
I like your summary, Nick.
Aston Martin have always produced exciting, admired and wonderful cars. No need to worry about the finances. Each time the money runs out (during 110 years) everything has always got going again !
Perhaps communication could be improved a touch though.
I have difficulty sometimes, translating their words into logical, meaningful Englsh. -
Lawrence Stroll: “2022 saw Aston Martin continue to build on the strong foundations that have been established during my three years as Executive Chairman. While the last 12 months presented industry-wide challenges [2022 pre-tax loss of £495 million, but raised £576 million from shareholders] we look to the future with renewed confidence in our ability to deliver on our vision, and the targets we have set.
We have made the biggest investment in our iconic brand through the launch of a bold new creative strategy and brand position, that aligns Aston Martin to our future ambitions.” -
.....................
One of our PH AM friends, an F1 engineer, was employed for a while on the Valkyrie project. He politely slipped a few clues during the early stages of the project, regarding 'trouble at mill'. Turning an extreme race car into a useable road going vehicle, presented many unexpected engineering challenges, all adding to development costs after customers had been told the price.
Jon39 said:
Turning an extreme race car into a useable road going vehicle, presented many unexpected engineering challenges, all adding to development costs after customers had been told the price.
You'd think with experience they'd know that could be the case and sell deposits on an expected RRP not one set in stone. I guess the sub-contracted manufacturing and all that mess didn't help.
Pflanzgarten said:
Sorry for my formatting above, I made a right mess of that quote! So it's all down to that, customers were sold at a price and then dev costs spiralled?
You'd think with experience they'd know that could be the case and sell deposits on an expected RRP not one set in stone. I guess the sub-contracted manufacturing and all that mess didn't help.
You'd think with experience they'd know that could be the case and sell deposits on an expected RRP not one set in stone. I guess the sub-contracted manufacturing and all that mess didn't help.
I obviously don't know what was 'happening behind closed doors', but my guess is that they were embarking on a first time, largely unknown engineering project. Probably did add a chunk to the list price as a buffer, but with hindsight insufficient. Maybe not the done thing to put in a purchase contract, 'the agreed price might be increased substantially at our discretion'.
At some point the work was taken away from Red Bull engineers, who probably knew more about extreme cars than Aston Martin.
It seemed to take years, to overcome all the problems encountered during development.
Hopefully all the lessons learnt, will be used for the subsequent mid-engine cars and if there are extra premium prices for those, might recoup some Valkyrie money.
I do hope that we can see a Valkyrie racing one day.
Edited by Jon39 on Thursday 2nd March 10:31
Jon39 said:
One of our PH AM friends, an F1 engineer, was employed for a while on the Valkyrie project. He politely slipped a few clues during the early stages of the project, regarding 'trouble at mill'. Turning an extreme race car into a useable road going vehicle, presented many unexpected engineering challenges, all adding to development costs after customers had been told the price.
Once you've sent customers of this level of, umm, expectation ten apolograms for how incredibly late their car is, they're not going to thank you for upping the price a few hundred grand.It doesn't really matter either way. The primary outcome of the whole shebang is to announce, very loudly, 'we don't know what we're doing'. It was supposed to say something very different. Its a complete s
tshow.(Same for the AMG Project ONE. Another total s
tshow)
Piginapoke said:
raceboy said:
Disabled driver? Seriously, Perrin, I didn't get where I am today without pretending to be disabled when it suited me.
Gassing Station | Aston Martin | Top of Page | What's New | My Stuff