Tourbillon
Cornering Kingpin
As much as it "hurts" based on what I've read and seen your assessment is accurate. It's getting even beyond a joke now, Smh!
Hot! Aston Martin: News and What's Next
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As much as it "hurts" based on what I've read and seen your assessment is accurate. It's getting even beyond a joke now, Smh!
Centurion
Apex Apex Predator
Strolls plans have merit. Unfortunately for him and AM his plans for the brand was facing severe head winds in terms of cash and time.
He is attempting to cram a 10-15 year modernisation strategy into 3 year. Where the brand is today isn’t his fault. The DBX should have launched 2-3 years sooner than it did. DB12 is what the DB9 should have been from launch.
DB12
Vantage facelift
Vahalla
Valkyrie
EV Platform(His CAPEX, high failure risk)
Hybrid DB12 for 2025
Hybrid DB12 for 2025
Valour and other one-offs that require R&D and crash testing
DBX Facelift
Formula 1 Sponsorship
That’s an awful a lot of projects to juggle and attempt to delivery in a short time frame with a modest £1.15b investment and low free cash low. After delivering a compelling DB12 and decently performing F1 team in 2023, Stroll might have expected those achievements to unlock more funds from existing investors. However, the way the manufacturer is haemorrhaging money might have made them think otherwise.
Serpens
Torque Titan
Sure, Stroll walked into a tough decision when he took the helm three years ago, but where they're at right now is a direct result of his decisions. He's hardly been a passive CEO and clearly the business plans he laid represent biting off more than he and the company could chew.
Yup, Stroll owns this.
Tourbillon
Cornering Kingpin
Aston Martin shares jump as Stroll’s Yew Tree Consortium ups stake!
Stroll’s Yew Tree Consortium agreed a deal to purchase 26 million more ordinary share
Consortium’s stake is now 26.23 per cent of the firm
Shares jumped 12 per cent on Friday
Shares in Aston Martin Lagonda Global Holdings jumped this morning after billionaire Lawrence Stroll and his consortium increased their stake in Aston Martin.
Stroll’s Yew Tree Consortium agreed a deal to purchase 26 million more ordinary shares, Aston Martin told shareholders.
It means Yew Tree has increased its stake by 3.27 per cent to 26.23 per cent of the firm.
It remains short of the 30 per cent threshold at which significant shareholders need to declare whether they intend to launch a takeover offer for a company.
Stroll was made chairman of Aston Martin after he first invested in the company in 2020.
He said: ‘The Yew Tree Consortium is delighted to increase its ownership in the company by 3.27 per cent.
‘This additional investment demonstrates the Yew Tree Consortium’s continuing confidence and belief in the future of Aston Martin.
‘The company has delivered a major turnaround since the Yew Tree Consortium’s initial investment three years ago.
‘We have rebuilt this iconic company, transforming it into an ultra-luxury brand, with a portfolio of highly desirable, performance-driven cars.
‘This increased investment demonstrates our continuing, long-term commitment to the company, our conviction for the future and the shareholder value the company will deliver.
Shares in Aston Martin were around 12 per cent higher on Friday morning as a result."
Stroll’s Yew Tree Consortium agreed a deal to purchase 26 million more ordinary share
Consortium’s stake is now 26.23 per cent of the firm
Shares jumped 12 per cent on Friday
Shares in Aston Martin Lagonda Global Holdings jumped this morning after billionaire Lawrence Stroll and his consortium increased their stake in Aston Martin.
Stroll’s Yew Tree Consortium agreed a deal to purchase 26 million more ordinary shares, Aston Martin told shareholders.
It means Yew Tree has increased its stake by 3.27 per cent to 26.23 per cent of the firm.
It remains short of the 30 per cent threshold at which significant shareholders need to declare whether they intend to launch a takeover offer for a company.
Stroll was made chairman of Aston Martin after he first invested in the company in 2020.
He said: ‘The Yew Tree Consortium is delighted to increase its ownership in the company by 3.27 per cent.
‘This additional investment demonstrates the Yew Tree Consortium’s continuing confidence and belief in the future of Aston Martin.
‘The company has delivered a major turnaround since the Yew Tree Consortium’s initial investment three years ago.
‘We have rebuilt this iconic company, transforming it into an ultra-luxury brand, with a portfolio of highly desirable, performance-driven cars.
‘This increased investment demonstrates our continuing, long-term commitment to the company, our conviction for the future and the shareholder value the company will deliver.
Shares in Aston Martin were around 12 per cent higher on Friday morning as a result."
Aston Martin shares jump as Stroll's Yew Tree Consortium ups stake – Car Dealer Magazine
Shares in Aston Martin Lagonda Global Holdings jumped this morning after billionaire Lawrence Stroll and his consortium increased their stake in Aston
cardealermagazine.co.uk
A.P.
Autobahn Explorer
Aston Martin Will Not Build A Mid-Engine Vanquish
The planned mid-engine Aston Martin Vanquish will not happen. A company spokesperson confirmed it will not be among several new models debuting soon.
www.motor1.com
Valhalla next on the chopping block?
Tourbillon
Cornering Kingpin
No, absolutely not. It's a priority now. The Vanquish was dead months ago.
The V6 was killed even earlier. Shame it was a nice car. Very.
The question remains if this Vanquish concept is dead, what will the Vanquish (or DBS Superleggera successor) become? Still front mid-engined? More or a 812 successor competitor? Still a GT?
Would love it if the styling went to the direction of the Valour/Victor like this rendering;
https://www.instagram.com/p/C0OvX9sqjKM/?igshid=N2ViNmM2MDRjNw==
Would love it if the styling went to the direction of the Valour/Victor like this rendering;
https://www.instagram.com/p/C0OvX9sqjKM/?igshid=N2ViNmM2MDRjNw==
Tourbillon
Cornering Kingpin
No.
Aston Martin Vanquish Vision Concept - pictures | Evo
www.evo.co.uk
Incredibly attractive car. 2019 Geneva.
Attachments
Tourbillon
Cornering Kingpin
"Aston Martin Lagonda is negotiating with bankers to address a looming debt pile, according to Executive Chairman Lawrence Stroll, with the company’s near-term liabilities amounting to roughly £1.1 billion.
The loss-making British luxury car-maker is seeking to refinance at a tumultuous time in debt markets following the surge in interest rates and uncertainty around rate cuts. Talks are set to focus on a $1.1 billion bond that’s maturing in November next year, with 10.5% coupon puts the company on the hook for payments of $120 million annually.
“We are currently studying with our bankers the most appropriate actions of how to deal with it,” Stroll said in an interview with Bloomberg Television. “Obviously it will be addressed in the most appropriate manner possible and in the best interests of the company and its shareholders.”
The company has a revolving credit facility of £79 million that’s due next year and a $121 million note to be repaid in 2026, data compiled by Bloomberg shows.
New Shareholders
The Canadian billionaire in 2020 rescued the manufacturer, whose sports cars have featured in the James Bond movie franchise. The turnaround of the business has seen Aston Martin repeatedly raise money and bring in new shareholders such as Saudi Arabia’s Public Investment Fund, China’s Zhejiang Geely Holding Group Co Ltd. and EV maker Lucid Group Inc.
The company warned in November that it expects to ship fewer vehicles than previously forecast for the full year, after supply-chain issues hampered the rollout of its new DB12 sports car. It’s set to report full-year earnings on Feb. 28.
Asked about analyst comments that Aston Martin could be vulnerable to a takeover bid from its new holders, Stroll said the company was “not in any M&A territory.” The textiles tycoon, who made his money investing in fashion labels including Pierre Cardin, Ralph Lauren and Tommy Hilfiger, said he planned to remain at the company for years to come.
The turnaround job was only at the start, he said, a push he previously admitted was more challenging than expected.
“Lawrence intends to be here for many, many years,” Stroll said.
New CEO
Last week, Bloomberg News reported that Aston Martin was sounding out potential candidates to become its fourth chief executive officer in as many years. The current chief, former Ferrari NV boss Amedeo Felisa, 77, has been in the role for less than two years. Stroll declined to comment on the report.
The Gaydon, England-based company earlier Monday revealed its new Vantage sports car, part of his effort to launch new models more frequently than the company has done in the past.
Stroll is also hoping to capitalize on the growing interest in Formula One, having returned to the competition in 2021.
Late last year, he sold off a minority stake in the team that’s separate from the listed company to US private equity firm Arctos Partners at a valuation of around £1 billion."
It's never easy for them, is it?
The loss-making British luxury car-maker is seeking to refinance at a tumultuous time in debt markets following the surge in interest rates and uncertainty around rate cuts. Talks are set to focus on a $1.1 billion bond that’s maturing in November next year, with 10.5% coupon puts the company on the hook for payments of $120 million annually.
“We are currently studying with our bankers the most appropriate actions of how to deal with it,” Stroll said in an interview with Bloomberg Television. “Obviously it will be addressed in the most appropriate manner possible and in the best interests of the company and its shareholders.”
The company has a revolving credit facility of £79 million that’s due next year and a $121 million note to be repaid in 2026, data compiled by Bloomberg shows.
New Shareholders
The Canadian billionaire in 2020 rescued the manufacturer, whose sports cars have featured in the James Bond movie franchise. The turnaround of the business has seen Aston Martin repeatedly raise money and bring in new shareholders such as Saudi Arabia’s Public Investment Fund, China’s Zhejiang Geely Holding Group Co Ltd. and EV maker Lucid Group Inc.
The company warned in November that it expects to ship fewer vehicles than previously forecast for the full year, after supply-chain issues hampered the rollout of its new DB12 sports car. It’s set to report full-year earnings on Feb. 28.
Asked about analyst comments that Aston Martin could be vulnerable to a takeover bid from its new holders, Stroll said the company was “not in any M&A territory.” The textiles tycoon, who made his money investing in fashion labels including Pierre Cardin, Ralph Lauren and Tommy Hilfiger, said he planned to remain at the company for years to come.
The turnaround job was only at the start, he said, a push he previously admitted was more challenging than expected.
“Lawrence intends to be here for many, many years,” Stroll said.
New CEO
Last week, Bloomberg News reported that Aston Martin was sounding out potential candidates to become its fourth chief executive officer in as many years. The current chief, former Ferrari NV boss Amedeo Felisa, 77, has been in the role for less than two years. Stroll declined to comment on the report.
The Gaydon, England-based company earlier Monday revealed its new Vantage sports car, part of his effort to launch new models more frequently than the company has done in the past.
Stroll is also hoping to capitalize on the growing interest in Formula One, having returned to the competition in 2021.
Late last year, he sold off a minority stake in the team that’s separate from the listed company to US private equity firm Arctos Partners at a valuation of around £1 billion."
It's never easy for them, is it?
The DBS replacement has been spotted for the first time due later this year, according to the article it’ll still be a V12 but maybe with electrification.
https://www.autocar.co.uk/car-news/...S successor is,Reichman told Autocar in 2023.
https://www.autocar.co.uk/car-news/...S successor is,Reichman told Autocar in 2023.
In a way it's a shame that they don't even consider it, I have sympathy for her and what they could have done
Lagonda "completely dead" as Aston Martin focuses on sports cars
Average Aston Martin now costs £213,000, but the firm has "absolutely" no plans to launch a dedicated luxury brand
www.autocar.co.uk
Lagonda "completely dead" as Aston Martin focuses on sports cars
Average Aston Martin now costs £213,000, but the firm has "absolutely" no plans to launch a dedicated luxury brand
Lagonda "completely dead" as Aston Martin focuses on sports cars | Autocar
Average Aston Martin now costs £213,000, but the firm has "absolutely" no plans to launch a dedicated luxury brand
To be fair, one of our German automotive journalists, Georg Kacher, once mentioned that Aston Martin is very bad when it comes about cost control. SHOOTING IN YOUR FOOT I GUESS?
Centurion
Apex Apex Predator
I prefer what they have done instead, which is to release limited run reskinned cars.
Jonathan19
Premium+
New Vanquish is coming!
www.germancarforum.com
Exclusive: Hardcore NEW Aston Martin V12 Supercar spotted! Prototypes!
https://www.astonmartin.com/en/campaigns/v12-all-will-be-vanquished?fbclid=PAZXh0bgNhZW0CMTEAAaalPNOj_imk_6AfqH8Qo5CkDiiCb-GmQauB5CddTU-L76mURXp_RHzt0ns_aem_RSKC9xGva4Zge95UR0qY2Q When will it be unveiled?
www.germancarforum.com
Just saw the announcement livestream of the signing of Adrian Newey to Aston Martin Racing. Adrian Newey conventiently avoided the question of the press with regards to his possible involvement in future Aston Martin cars now that he has joined their racing team.
Do you think we could see future specials similar to the Valkyrie project which he was also a big part of? To me this represents a great opportunity for Stroll to strengthen both of his ventures simultaneously, as he is a big shareholder of both and has regularily pointed out the importance of the works team for the brand's success. Would be a missed opportunity in my opinion to not involve Newey in more projects of the core brand.
Do you think we could see future specials similar to the Valkyrie project which he was also a big part of? To me this represents a great opportunity for Stroll to strengthen both of his ventures simultaneously, as he is a big shareholder of both and has regularily pointed out the importance of the works team for the brand's success. Would be a missed opportunity in my opinion to not involve Newey in more projects of the core brand.
Similar threads
Aston Martin
Aston Martin Lagonda Global Holdings PLC is a British manufacturer
of luxury sports cars and grand tourers headquartered in Gaydon, Warwickshire,
England, United Kingdom. Founded in 1913 by Lionel Martin and Robert Bamford,
and steered from 1947 by David Brown, it became associated with expensive grand
touring cars in the 1950s and 1960s, and with the fictional character James Bond
following his use of a DB5 model in the 1964 film Goldfinger. Their sports cars
are regarded as a British cultural icon.
Official website: Aston Martin
Official website: Aston Martin
