Your thoughts on Aston Martin?

Submitted by Dependent-Quantity34 t3_z7uv1j in wallstreetbets

Guys, please can someone inform me what happened to aston martin? I just don‘t get it the 20% Mercedes share which is also part of Geely and I assume that Merc is at some point taking over aston…perhaps it‘s not lambo anylonger its instead jason statham, bond and aston?

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VisualMod t1_iy86qlh wrote

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VisualMod t1_iy86ral wrote

>Aston Martin has recently been acquired by the luxury car maker, Mercedes-Benz. The company is now a subsidiary of Daimler AG and will be managed in cooperation with Aston's existing shareholders. As part of this acquisition, Mercedes-Benz also owns 20% equity stake in Geely Automobile Holdings which currently controls Aston Martin Lagonda Global Holdings PLC (AML).

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4troglodyte t1_iy8t7xl wrote

The DB9 is one of the sweetest cars I have EVER driven, but not a Benz fan….I hope they don’t f**k up Aston Martin🙏🏻

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earthwalker19 t1_iy964us wrote

The financials are ugly, I don't have any real insights as to why. I do have a standing limit order to buy shares if the price drops further. My thinking:

  1. Aston Martin is a strong brand, someone or some entity may be enticed to sweep in and provide the resources needed to make it viable.
  2. There may be further price drops in December if investors exit for the tax writeoff.
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Captain_Danke t1_iya5unk wrote

This is a good podcast of car guys talking about some of the Aston corporate stuff. I doubt MB is going to buy Aston fully any time soon, especially with all the recession talk in Europe. It’s more of a partnership since Aston doesn’t have the resources to do all their own stuff.

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4troglodyte t1_iyag0jl wrote

Replying to Donttrustallfarts (#782,066)

Carrera S Cab is my daily driver…3.8 straight 6. It is a beast and I know German engineering is spot on. Having said that, the Aston Martin owners here in SoCal don’t seem to be complaining as they rip down PCH. Maybe they are not as temperamental as your Ferrari?

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MaterialGuy007 t1_iybon5u wrote

Apr 26, 2022 — Under that deal, Mercedes now owns almost 12 percent of Aston Martin, which will increase to 20 percent in 2023.

I just dont get it: Why doesn't the King and Queen of UK invest in Aston Martin and boost UK jobs??????

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tyler669420 t1_iycigfe wrote

Replying to earthwalker19 (#772,205)

Unfortunately, the investor in me stays away from Aston with a 10’ pole because they’ve literally always had issues and been tossed around ownership about 5 times in my life alone. As a car lover, I want to see Aston back in the ring with the best in the world on a consistent basis, and more than anything I want a V12 Vanquish from Die Another Day haha.

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