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Santa & the Grinch: Latest on McLaren & Aston Martin
Posted: Sat Dec 23, 2023 5:25 pm
by SSO
Just posted an article on McLaren's Recapitalization Announcement & a bit of news on Aston Martin:
https://karenable.com/santa-grinch/
Comments?
Re: Santa & the Grinch: Latest on McLaren & Aston Martin
Posted: Sat Dec 23, 2023 9:20 pm
by 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.
Re: Santa & the Grinch: Latest on McLaren & Aston Martin
Posted: Sat Dec 23, 2023 10:55 pm
by SSO
RobYob wrote: ↑Sat Dec 23, 2023 9:20 pm
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
Re: Santa & the Grinch: Latest on McLaren & Aston Martin
Posted: Sun Dec 24, 2023 10:56 am
by 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.
Re: Santa & the Grinch: Latest on McLaren & Aston Martin
Posted: Sun Dec 24, 2023 3:45 pm
by SSO
Jimmy Choo wrote: ↑Sun Dec 24, 2023 10:56 am
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.
Re: Santa & the Grinch: Latest on McLaren & Aston Martin
Posted: Sun Dec 24, 2023 4:42 pm
by 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
Re: Santa & the Grinch: Latest on McLaren & Aston Martin
Posted: Sun Dec 24, 2023 4:55 pm
by SSO
IanF wrote: ↑Sun Dec 24, 2023 4:42 pm
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.