Santa & the Grinch: Latest on McLaren & Aston Martin

[SSO]

Just posted an article on McLaren's Recapitalization Announcement & a bit of news on Aston Martin:

https://karenable.com/santa-grinch/

Comments?

[RobYob]

With Geely seemingly still as yet unable to drag Lotus into profitability/sustainability/sanity I can't imagine they'll have any appetite for another "eccentric" UK manufacturer.

[SSO]

With Geely seemingly still as yet unable to drag Lotus into profitability/sustainability/sanity I can't imagine they'll have any appetite for another "eccentric" UK manufacturer.

Stranger things have happened but logically would have to be no

[Jimmy Choo]

AML is, has always been and will continue to be a basket case of a business. I was expecting Merc to take them over but now I'm just expecting the dumpster fire to get bigger.

[SSO]

AML is, has always been and will continue to be a basket case of a business. I was expecting Merc to take them over but now I'm just expecting the dumpster fire to get bigger.

Merc has zero interest in taking over AML at this point. They had a rent to buy type agreement back in 2020 and once they got a good look under the hood, that was it.

[IanF]

Recap surely means there are no other interested parties currently, and it needs a better business model if they hope to sell it at a later date. Bit like doing up your house before selling because there’s zero interest currently.. risky and no guarantee of a roi either

[SSO]

Recap surely means there are no other interested parties currently, and it needs a better business model if they hope to sell it at a later date. Bit like doing up your house before selling because there’s zero interest currently.. risky and no guarantee of a roi either

That is where they are, sadly.