Aston Martin: Sales, Marketing, and Financial News
#41
The sizzle in the Steak
^^^ Talk about day late - dollar short!!!!!!
#42
Senior Moderator
Originally Posted by Moog-Type-S
^^^ Talk about day late - dollar short!!!!!!
You, on the other hand, you're ON AZ and still are oblivious...
#43
Senior Moderator
Aston Martin: Ready to Race on the London Stock Exchange
From Daily Mail...
Greatest stock. Evar.
One of Britain's most iconic brands, Aston Martin, is set to come to the market in what will be one of the most sought after offerings ever seen on the London Stock Exchange.
The listing, which could value the business at around £500m, will give hundreds of thousands of fans the chance to own a piece of the classic sports car maker at considerably less than the cost of one of its sports cars.
Its top of the range DBS costs £170,000 with its DB9 and Vanquish models coming in slightly cheaper.
The float has been discussed recently with the two Kuwaiti investment funds that control the business.
Aston's new chairman, David Richards, told the Daily Mail that he will come to the public market in three year's time to help fund the next round of expansion.
'We will look towards a partial IPO,' said Richards. 'It would be for the next level of investment to finance the next models and fund engine development work where clearly there'll be a requirement for further investment.
'It's too early days to say where we will list but British companies normally would go for a London listing.
'It would be a very interesting challenge for me and I can see that as the next step in my horizons. But an appropriate time would be three to five years from now.'
The timing of the float would also coincide with a deadline to repay £40m to former parent Ford which is due within the next four years.
Richards say he is also close to forging some new partnerships: 'One of the first tasks when the chains were unwrapped from Ford was to go out there and see who we could talk to, who was interested in working with us.
'We are close to doing a deal with two or three of them. We have also done investigations into areas where we may be able to extend the brand into alternative products other than automotive.'
The listing, which could value the business at around £500m, will give hundreds of thousands of fans the chance to own a piece of the classic sports car maker at considerably less than the cost of one of its sports cars.
Its top of the range DBS costs £170,000 with its DB9 and Vanquish models coming in slightly cheaper.
The float has been discussed recently with the two Kuwaiti investment funds that control the business.
Aston's new chairman, David Richards, told the Daily Mail that he will come to the public market in three year's time to help fund the next round of expansion.
'We will look towards a partial IPO,' said Richards. 'It would be for the next level of investment to finance the next models and fund engine development work where clearly there'll be a requirement for further investment.
'It's too early days to say where we will list but British companies normally would go for a London listing.
'It would be a very interesting challenge for me and I can see that as the next step in my horizons. But an appropriate time would be three to five years from now.'
The timing of the float would also coincide with a deadline to repay £40m to former parent Ford which is due within the next four years.
Richards say he is also close to forging some new partnerships: 'One of the first tasks when the chains were unwrapped from Ford was to go out there and see who we could talk to, who was interested in working with us.
'We are close to doing a deal with two or three of them. We have also done investigations into areas where we may be able to extend the brand into alternative products other than automotive.'
#44
Engineer
buy a single share, then you can at least justify your lug humping as marketing and support for your 0.00000000000000000000000000000000001% investment in the company...
#45
The sizzle in the Steak
#47
Senior Moderator
Mercedes, Aston Martin considering partnership
Mercedes-Benz may have parted ways with McLaren, but the German automaker isn’t quite done with supercar tie-ups just yet. According to a new report, Mercedes is planning a partnership with Aston Martin that would include engine and transmission collaborations, hybrid technology development and even platform sharing.
Per a Car Magazine report, the top secret tie-up – which Mercedes has dubbed Project Alligator – would see Aston Martin using Mercedes engines, including AMG’s 6.2L V8 for use in Vantage models. Project Alligator would also allow Aston Martin access to Mercedes-Benz’ hybrid and diesel technologies, as well as Merc’s eight-speed automatic transmission.
In order to cut costs for both marques, the plan also calls for Aston and Mercedes to share platforms on range-topping models.
Mercedes’ ultra-luxury brand, Maybach, would also benefit from the tie-up as Project Alligator also includes plans for Aston Martin/Maybach cooperation on future models. We quite fancy the idea of a Maybach-badged Rapide.
Per a Car Magazine report, the top secret tie-up – which Mercedes has dubbed Project Alligator – would see Aston Martin using Mercedes engines, including AMG’s 6.2L V8 for use in Vantage models. Project Alligator would also allow Aston Martin access to Mercedes-Benz’ hybrid and diesel technologies, as well as Merc’s eight-speed automatic transmission.
In order to cut costs for both marques, the plan also calls for Aston and Mercedes to share platforms on range-topping models.
Mercedes’ ultra-luxury brand, Maybach, would also benefit from the tie-up as Project Alligator also includes plans for Aston Martin/Maybach cooperation on future models. We quite fancy the idea of a Maybach-badged Rapide.
Bout time Aston's get some competitive power.
:ibYumchah:
#49
The sizzle in the Steak
This could be a very good thing.
#50
2G TLX-S
Partnership, ehh ! Yet another pretty name of attempting to take over another car maker - this time Aston Martin.
#51
Senior Moderator
Originally Posted by jlukja
<--- Thinks Yummy will die when he sees the first DB9S AMG
#52
I drive a Subata.
iTrader: (1)
Good move.
#54
The sizzle in the Steak
Aston Martin: Moving Up-Scale Being Considered
Anything’s possible: Aston Martin considering up-scale move
LLN
Moral of the story: Buy your Aston Martin now...while you still can get one...and while you can get it "cheap".
Aston Martin announced earlier this year that it would relaunch its Lagonda brand by early next decade, but that appears to be just a small piece of Aston’s new brand strategy. In addition to relaunching the Lagonda nameplate, Aston Martin is also planning to move its own product offerings upscale.
The new strategy would see Aston Martin greatly reducing production and raising prices to equal that of comparable Ferrari models. Aston Martin is first testing the ultra-exclusive waters with its ultra-expensive One-77, the company’s newest low-volume supercar that will retail for an astonishing $1.75 million.
If the One-77’s market strategy works out for Aston Martin, the brand will likely expand the idea to its other model offerings. The would mean the marque’s “entry-level” Vantage would see a price hike from about $150,000 to $200,000+, while the step-up DB9 would see a pricing scheme more in line with the $277,000 DBS, according to Autoweek.
Aston Martin’s Gaydon production facility has been humming along at about 7,000 units per year for the last couple of years, but that figure would drop drastically with the company’s new up-market plan. No word on how much production would drop by, but there would likely be enough room to move Rapide production in-house from Austria, which indicates Vantage and DB9 production would fall to 4,000 or less units per year.
The new strategy would see Aston Martin greatly reducing production and raising prices to equal that of comparable Ferrari models. Aston Martin is first testing the ultra-exclusive waters with its ultra-expensive One-77, the company’s newest low-volume supercar that will retail for an astonishing $1.75 million.
If the One-77’s market strategy works out for Aston Martin, the brand will likely expand the idea to its other model offerings. The would mean the marque’s “entry-level” Vantage would see a price hike from about $150,000 to $200,000+, while the step-up DB9 would see a pricing scheme more in line with the $277,000 DBS, according to Autoweek.
Aston Martin’s Gaydon production facility has been humming along at about 7,000 units per year for the last couple of years, but that figure would drop drastically with the company’s new up-market plan. No word on how much production would drop by, but there would likely be enough room to move Rapide production in-house from Austria, which indicates Vantage and DB9 production would fall to 4,000 or less units per year.
Moral of the story: Buy your Aston Martin now...while you still can get one...and while you can get it "cheap".
#56
What Would Don Draper Do?
#57
Senior Moderator
#61
Senior Moderator
#62
I shoot people
I think its funny how they don't consider themselves upscale now
#63
Engineer
#65
Senior Moderator
#66
The sizzle in the Steak
Getting closer?
Rumors of a Mercedes-Benz-Aston Martin tie-up first surfaced just two months ago, but talks are progressing quickly with farther reaching partnerships now being discussed at the highest levels. In fact, talks have gone so well that the projected has been renamed from Project Alligator to Romeo and Juliet.
According to Car Magazine, the far-reaching tie-up will be worth at least €300, and will involve far more than just engine swapping.
Although not everyone in Mercedes-Benz’s camp is quite sold on the idea of an Aston Martin tie, Dieter Zetsche of Daimler and Aston’s Ulrich Bez are pushing the deal through rather quickly, with the possibility of the first joint project hitting the road in 2010. That’s the same year Daimler will refresh its Maybach line, a project has now been handed over to Aston Martin. If Aston does a good job with the Maybach re-do, the partnership will spill into more joint projects.
While the early stages of the partnership won’t see any Mercedes products re-dressed as Aston Martins, Mercedes will likely supply Aston with powerplant and transmission. That means that the next DB9 could use Mercedes’ twelve-cylinder engine and the company’s seven-speed transmission. Mercedes’ new hybrid system has also been part of the talks, with the first hybrid Aston Martin expected to make production within the next 10 years.
The second phase of the tie-up will begin around 2012, corresponding with Aston Martin’s re-launch of the Lagonda brand. Although the Lagonda brand will be under the control of Aston, its vehicle lineup will consist of Daimler-sourced models. The brand’s first model will be a luxury sedan, which will be largely based on the Maybach, albeit with mush sportier intentions. A GL-based SUV is also in the works, but Aston will do far less to disguise its Mercedes roots.
Further down the line, Lagonda could offer a four-seat coupe and convertible, both of which would be based on the Mercedes-Benz CL. There’s even a remote chance that the upcoming Mercedes Gull Wing could receive the Lagonda treatment, or that the CL could be re-badged as an Aston Martin DB10.
Stay tuned as more details on Romeo and Juliet are sure to pop up over the following weeks.
According to Car Magazine, the far-reaching tie-up will be worth at least €300, and will involve far more than just engine swapping.
Although not everyone in Mercedes-Benz’s camp is quite sold on the idea of an Aston Martin tie, Dieter Zetsche of Daimler and Aston’s Ulrich Bez are pushing the deal through rather quickly, with the possibility of the first joint project hitting the road in 2010. That’s the same year Daimler will refresh its Maybach line, a project has now been handed over to Aston Martin. If Aston does a good job with the Maybach re-do, the partnership will spill into more joint projects.
While the early stages of the partnership won’t see any Mercedes products re-dressed as Aston Martins, Mercedes will likely supply Aston with powerplant and transmission. That means that the next DB9 could use Mercedes’ twelve-cylinder engine and the company’s seven-speed transmission. Mercedes’ new hybrid system has also been part of the talks, with the first hybrid Aston Martin expected to make production within the next 10 years.
The second phase of the tie-up will begin around 2012, corresponding with Aston Martin’s re-launch of the Lagonda brand. Although the Lagonda brand will be under the control of Aston, its vehicle lineup will consist of Daimler-sourced models. The brand’s first model will be a luxury sedan, which will be largely based on the Maybach, albeit with mush sportier intentions. A GL-based SUV is also in the works, but Aston will do far less to disguise its Mercedes roots.
Further down the line, Lagonda could offer a four-seat coupe and convertible, both of which would be based on the Mercedes-Benz CL. There’s even a remote chance that the upcoming Mercedes Gull Wing could receive the Lagonda treatment, or that the CL could be re-badged as an Aston Martin DB10.
Stay tuned as more details on Romeo and Juliet are sure to pop up over the following weeks.
#67
Engineer
but they aren't building luxury coaches...
as far as major luxury sports cars with significant volume you have Ferrari and Lamborghini a step ahead of Aston, but it's not too far...
as far as major luxury sports cars with significant volume you have Ferrari and Lamborghini a step ahead of Aston, but it's not too far...
Last edited by savage; 10-23-2008 at 03:47 PM. Reason: grammar
#68
Senior Moderator
I just don't see AM going after Ferrari or Lamborghini because both those manufacturers are more in the sportscar range...
#69
The sizzle in the Steak
Well, I dunno...but, you could consider the upcoming Rapide as a coach. And don't forget that the DBS and DB9 are both 2+2 tourers that both Bentley and Rolls-Royce have in their fleet...
I just don't see AM going after Ferrari or Lamborghini because both those manufacturers are more in the sportscar range...
I just don't see AM going after Ferrari or Lamborghini because both those manufacturers are more in the sportscar range...
#70
Senior Moderator
#71
The sizzle in the Steak
I'm sure you've watched all the vids by now...no?
We won't know until it get released....but I'm going with it being a SuperCar that will rival the best in speed and handling.
#72
Senior Moderator
For example, a supercar to me are cars like: Rolls-Royce Phantom, Bugatti Veyron, Lamborghini Murcielago, Ferrari Enzo, Pagani Zonda...However, these supercars can be split into sports and touring...
Of course, I could be wrong about the "supercar" definition for years.
#73
The sizzle in the Steak
Rolls Royce a supercar
#74
Senior Moderator
#75
The sizzle in the Steak
...from the almighty wikipedia:
The Rolls are "nice" and VERY lux....but sporty & sport handling...they are not.
Supercar is a term generally used for high-end sports cars, whose performance is superior to that of its contemporaries. It has been defined specifically as "a very expensive, fast or powerful car with a centrally located engine",[1] and stated in more general terms: "it must be very fast, with sporting handling to match", "it should be sleek and eye-catching" and its price should be "one in a rarefied atmosphere of its own",[2] but the correct usage of the term is both subjective and disputed, especially amongst enthusiasts.
#76
Senior Moderator
^ Ahhh...good to know. So, basically, a supercar is an elite sports car. I don't really quite agree with that as I still think supercars should be split into two groups. You can have a super luxury car which is, thus, called a supercar.
Then, okay...it doesn't seem like the One-77 is mid-engined though? So, despite a Veyron price-point, does it make it a...supercar...?
Then, okay...it doesn't seem like the One-77 is mid-engined though? So, despite a Veyron price-point, does it make it a...supercar...?
#77
The sizzle in the Steak
^ Ahhh...good to know. So, basically, a supercar is an elite sports car. I don't really quite agree with that as I still think supercars should be split into two groups. You can have a super luxury car which is, thus, called a supercar.
Then, okay...it doesn't seem like the One-77 is mid-engined though? So, despite a Veyron price-point, does it make it a...supercar...?
Then, okay...it doesn't seem like the One-77 is mid-engined though? So, despite a Veyron price-point, does it make it a...supercar...?
I think the definition is poor.
IMHO a supercar has always been "sports".
Maybach, Rolls...etc are just ultra-lux vehicles....in my book.
#78
Senior Moderator
^ So, what's an Aston Martin categorized as in your books?
Cuz, it definitely does not have the agility to go against a "supercar" (as per wiki'w definition for elite sports car)...and yet, it's got enough luxury abeit a bit lower tiered than Rolls, Maybach, and Bentley...?
Cuz, it definitely does not have the agility to go against a "supercar" (as per wiki'w definition for elite sports car)...and yet, it's got enough luxury abeit a bit lower tiered than Rolls, Maybach, and Bentley...?
#79
The sizzle in the Steak
^ So, what's an Aston Martin categorized as in your books?
Cuz, it definitely does not have the agility to go against a "supercar" (as per wiki'w definition for elite sports car)...and yet, it's got enough luxury abeit a bit lower tiered than Rolls, Maybach, and Bentley...?
Cuz, it definitely does not have the agility to go against a "supercar" (as per wiki'w definition for elite sports car)...and yet, it's got enough luxury abeit a bit lower tiered than Rolls, Maybach, and Bentley...?
...you can't say you didn't see that coming....and you can't say you dis-agree either
#80
Senior Moderator