Hot! Aston Martin: News and What's Next

[Jonathan19]

They only thing they're losing is the V12. Maybe a few sales, maybe not!

It's not a DBS since the 770 Ultimate is the last one.

The sound is very V12 so i guess a One-Off or Very limited séries car.

But, I think it's the DB12 Volante.

 

[SSO]

It's not a DBS since the 770 Ultimate is the last one.

The sound is very V12 so i guess a One-Off or Very limited séries car.

But, I think it's the DB12 Volante.

Yes but there are likely to move back to using the Vanquish name for the top of the line GT

 

[Jonathan19]

Yes but there are likely to move back to using the Vanquish name for the top of the line GT

Yes but not before 2024. The one tease is not a Vanquish next gen 100%.

 

[Jonathan19]

[UPDATE] New Aston Martin Model Getting Manual Gearbox

The Aston Martin Vantage V12 might get a manual gearbox based on new spy shots. It also has a revised exhaust setup.

www.motor1.com

 

[Tourbillon]

Interesting.

 

[Jonathan19]

Interesting.

What if the teaser is this?

 

[Tourbillon]

What if the teaser is this?

I did think about this car buy some have already been delivered no? But the interior still has the Playstation screen!

 

[Jonathan19]

I did think about this car buy some have already been delivered no? But the interior still has the Playstation screen!

Yes all V12 Vantage coupe have been. Roadster have start too.

 

[Jonathan19]

I did think about this car buy some have already been delivered no? But the interior still has the Playstation screen!

Also, i have check and the start up sound on the video sound really just like the V12 Vantage.

 

[Tourbillon]

Also, i have check and the start up sound on the video sound really just like the V12 Vantage.

Fair enough then we gave just the next day to wait!

 

[Jonathan19]

 

[Tourbillon]

 

[Jonathan19]

From the few details I was able to obtain, it appears to be a very special, limited edition with a style reminiscent of the Victor.

According to the people who have seen it, it's a real beauty.

 

[Tourbillon]

Aston Martin to issue $270 mln worth of shares to bolster capital
Reuters
July 31, 20235:05 PM GMT+1Updated 4 hours ago

"July 31 (Reuters) - Luxury carmaker Aston Martin (AML.L) said on Monday it will launch a 210 million pound ($270.04 million) share placing to speed up its aim to reduce net leverage.

Shareholders, who are represented on board, have committed to subscribe 184 million pounds, of which 115 million pounds worth of shares will be bought by Yew Tree Overseas, Public Investment Fund, Geely International (Hong Kong) and Mercedes-Benz AG (MBGn.DE).

The rest will be made available to institutional investors through an accelerated bookbuild.

Last week, the carmaker's second-quarter results beat market expectations, helped by higher prices and demand for its DBX707 sports utility vehicle and limited edition V12 Vantage Roadster.

($1 = 0.7777 pounds)

Reporting by Sinchita Mitra in Bengaluru; Editing by Arun Koyyur."

Aston Martin to issue $270 million worth of shares to bolster capital

Luxury carmaker Aston Martin said on Monday it will launch a 210 million pound ($270.04 million) share placing to speed up its aim to reduce net leverage.

www.reuters.com

 

[Tourbillon]

Aston Martin Lagonda Losing $147,500,000 in 13 Weeks Allegedly Forced Lawrence Stroll to Give In to Geely's Succession Plan - The SportsRush

Lawrence Stroll is apparently ready to give up ownership of Aston Martin Lagonda and hand it over to chinese car manufacturer Geely.

thesportsrush.com

"Aston Martin Lagonda Losing $147,500,000 in 13 Weeks Allegedly Forced Lawrence Stroll to Give In to Geely’s Succession Plan."

But this~

"Aston Martin’s financial figures left Lawrence Stroll in shock
Lawrence Stroll reportedly set his plans into motion when he came to know about the cash flow of the company for the January-March quarter in 2023. The company had lost about $2.5 million per day during that time period, taking the net debt of the company up to $1.206 billion.

The company received an injection of funds worth $800 million in 2022 from the Saudi Public Investment Fund and other shareholders. This means that Aston Martin Lagonda had used up $674 million in just one year."

Jesus Christ.

 

[A.P.]

Spent everything on F1 entry?

 

[Centurion]

Aston Martin be like

Geely
Super luxury: Aston Martin
Luxury: Lotus
Premium: Volvo

The acquisition of AM was inevitable. Geely followed the standard playbook that bit conglomerates do who are eyeing a smaller player.

1. Butter them up with convertible or secured loans and other value adds like distribution, staff or use of IP.
2. Make the management believe that more money will be injected into the business every year.
3. Watch management overspend and put the business into liquidity crisis forcing administrators to come in.
4. Smile as administrators recommend that the business is sold in a manner that gives you first right refusal + removal of th existing ceo and the entire board.

 

[Tourbillon]

Spent everything on F1 entry?

Exit.

 

[Centurion]

Spent everything on F1 entry?

-F1
-Vanity projects And financial sinkholes like Valhalla, Valour + others we don’t know about.
-In house modular EV platform
-Extensive facelift of the DB11 and Vantage

Basically haemorrhaging money on projects that don’t achieve economies of scale and high revenue in the short term.

 

[Serpens]

Sounds like AM was every bit of a mess Tobias Moers claimed it was. No wonder Lawrence didn't like him, truth hurts.