Aston Martin to be bought by 2 billionaires... | FerrariChat

Aston Martin to be bought by 2 billionaires...

Discussion in 'British' started by rush109, Oct 20, 2006.

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  1. rush109

    rush109 F1 Veteran

    May 26, 2005
    8,103
    Montreal, Quebec
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    LONDON - Billionaires Bernard Arnault and Albert Frere are considering a bid for Aston Martin, the luxury automaker that Ford has put up for sale, the Financial Times reported Friday....

    ...heres the link enjoy...

    http://msnbc.msn.com/id/15345870/
     
  2. dongerdude

    dongerdude Formula 3

    Mar 17, 2006
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    Carl
    Bernard Arnault was one of the first names connected with a purchase of Aston, however I've heard there is some unrest within the Aston ranks about fears that Arnault would make Aston too mass-market/devalue the brand in a similar way as many business commentators suggest is happening with his Louis Vuitton brand.
     
  3. rush109

    rush109 F1 Veteran

    May 26, 2005
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    That would be a huge shame, but at least it be a true European brand again, imo thats worth alot...my two cents
     
  4. karmavore

    karmavore Formula 3

    Dec 29, 2002
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    I can see it now: and AM with "LV" edition seats. Coming to an Athletes house near you! :)
     
  5. Tspringer

    Tspringer F1 Veteran

    Apr 11, 2002
    6,155
    Hmmmmmmmmmmm

    What if they decide to up V8 Vantage production to 25K units a year and drop the MSRP to $80K? Porsche would be in big trouble....




    Terry
     
  6. Dino Martini

    Dino Martini F1 Rookie

    Dec 21, 2004
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    If they buy the company, do the designers and engineers come with the company? If they kept Astons looking the same, then I dont care who owns the company.
     
  7. Townshend

    Townshend F1 Veteran
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    Jul 20, 2005
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    Louis Vuitton is NOT getting diluted. Gucci is the king of branding everything and anything, and they aren't diluted.

    What IS diluting the brand, is all of the fakes out there. That is why I do not buy LV stuff for the girlfriends..everyone assumes it's fake.
     
  8. Townshend

    Townshend F1 Veteran
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    Don't forget the rap crowd..
     
  9. ryalex

    ryalex Two Time F1 World Champ
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    Aug 6, 2003
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    not very certain language there. I am considering many things, doesn't mean any of them will happen.
     
  10. Evolved

    Evolved F1 Veteran

    Nov 5, 2003
    8,700
    They should call Diamler and ask them about buying a car company with strong sales for a premium price.
     
  11. Westworld

    Westworld Three Time F1 World Champ
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    May 18, 2004
    32,238
    If Wikipedia is accurate, "The brand is highly counterfeited, and just over 1% of the items bearing the trademark Monogram Canvas are authentic. Ironically, the signature Monogram Canvas was created to prevent counterfeiting."

    think Louis Vuitton is pretty good in controlling the brand. It only sells the products through its own stores and the very high-end department stores, which have "mini-boutiques" of the brand's products. They are expanding the product range, but they aren't "diluating" it by making cheaper products, ect. Personally, I think the LV stuff I see with people is pretty ugly. How good is the quality of the brand? LVHM, the company he has a 51% does a very good job with balancing the idea of luxury, profits, and level of exclusivity.

    Townshend, what do you mean that Gucci is the king of branding (how)? Didn't Burberry run into a lot of trouble with the down-market and over branding and have to pull back?
     
  12. dongerdude

    dongerdude Formula 3

    Mar 17, 2006
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    Maybe it's different on this side of the atlantic, but over here, LV is developing a reputation as a wannabe's brand and as I said business commentators are suggesting that the brand is becoming diluted. It's suggested that the problem is more to do with the plethora of z-list celebs, reality TV contestants and topless models who are obsessed with LV than the fakes.

    Back on topic, I think that Arnault and Frere could be preferable purchasers of Aston when compared with investment banks/VC funds who are likely to just strip the assets of Aston which could be an especially big problem for a company like Aston where by far the biggest asset is the brand - Aston finally have a range of decent cars and an order book that stretches into years rather than weeks, which could all be ruined through a sale of the Aston brand to someone who hasn't a clue what to do with it
     
  13. Westworld

    Westworld Three Time F1 World Champ
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    May 18, 2004
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    Didn't Burberry hit the wall with that same problem? Any articles about the LV problem?
     
  14. CornersWell

    CornersWell F1 Rookie

    Nov 24, 2004
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    So, what's next for the Chav culture?

    CW
     
  15. Townshend

    Townshend F1 Veteran
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    What I mean by that is they have taken anything and everything and slapped a Gucci label on it. Some of the more classic examples are: the Gucci ice cube trays (pour water in and it makes ice cubes in the shape of a G), Gucci playing cards, Gucci frisbee, and the Gucci grill set. The list goes on and on..
     
  16. Westworld

    Westworld Three Time F1 World Champ
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    May 18, 2004
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    Ewww.....Have they gotten any backlash for that? Is it be diluted? Can't imagine the cost. But it's what Ferrari has been for a long time. But I think that luxury brands are becoming "lifestyles" more than just cars, clothes, ect.

    I believe Tiffany & Co. went down market and mass produced. I wonder how that is working out.
     
  17. Townshend

    Townshend F1 Veteran
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    #17 Townshend, Oct 23, 2006
    Last edited by a moderator: Sep 7, 2017
    Not that I'm aware of. They've had this stuff for a couple of years at least now.

    BTW, if you're interested, a pair of ice cube trays is $85.
    Image Unavailable, Please Login
     
  18. WILLIAM H

    WILLIAM H Three Time F1 World Champ

    Nov 1, 2003
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    #18 WILLIAM H, Oct 23, 2006
    Last edited by a moderator: Sep 7, 2017
    Future of AM ?

    LV looks extremely Ghetto these days
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  19. car trader

    car trader Formula Junior

    Aug 19, 2005
    469
    Singapore

    Dear Westworld,

    Sorry but I am beginning to see a trend here .... Any data ? or is everything downmarket by declaration ?
     
  20. WILLIAM H

    WILLIAM H Three Time F1 World Champ

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    I think he is right about MB & Bentley

    Ive been hearing that since they bought Chrysler MBs quality has gone way down

    Seeing a Bentley used to be very special as they were so rare

    In SoBe I refer to the new Continental as the SoBe Toyota bcus you see 12 every day

    The Azure is still special though

    Porsches are a dime a dozen, & Bimmers are 2 dozen for a dime except for the upper models such as the CGT, and Ms

    Ferrari, RR, MyBiotch & AM seem to be staying upmarket & Lexus is still trying to climb
     
  21. william

    william Two Time F1 World Champ
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    Jun 3, 2006
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    Let's face it, after a while, every prestigious brand, being in cars, motorcycles, fashion, watches, etc... tends to go 'downmarket'.

    Years ago, Aston Martin used to be 'hand made' here in Feltham, England, with a production of a few hundreds only, aluminium bodies rolled by hand, engines assembled and signed by one engineer, and so on....

    There is no way a car maker can survive like that anymore. They need volume to keep the cost down (hence lost of rarity), and import/share components (AM uses Ford parts bin) -lost of authenticity. The V12 AM on the DB9 and Vanquish, for example is nothing more than 2 V6 Mondeo together.

    AM production will reach thousands, when it was hundreds before. It's an unavoidable fact of life. Even Ferrari produces about 5000 cars a year now, it used to be 500/600 thirty years ago. Does that make them 'downmarket' ?
     
  22. car trader

    car trader Formula Junior

    Aug 19, 2005
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    Singapore
    Dear William H

    Thank you for replying. Are you calling a Porsche 911 and a Conti GT downmarket common products ? I have to disagree if that is the case.

    Were MB's previous quality problem an example of it going downmarket or a case of their upmarket cars being made badly ? An upmarket car can be badly made and but that does not mean its downmarket. The quality problems of MB were not caused by their being down market but by their being badly made upmarket cars.

    Your have also equated seldom seen with upmarket, but is a car upmarket just because it is rarely seen? A morris minor might be a rare sight where your at but you'd agree that its not upmarket even though its probably more rarely seen than an Azure.

    Are Porsches and Contis downmarket because they are frequently seen ? I think what has happened is that BMWs, Porsche 911s and Conti GTs have lost appeal to snobs rather than they have gone downmarket and I don't think anyone expressing a fair view can call a Porsche 911 or a Conti GT downmarket common products by any measure.
     
  23. starboy444

    starboy444 F1 Veteran

    Oct 7, 2006
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    I think Aston Martin had their best days in the 50's and 60's when royalty and james bond (sean connery) were seen in them. With all the junk they put out in the 70's and 80's, it was hard for them to bounce back.

    All the AM's these days are nice, but lacking originality and true sophistication as days of old.

    Why can't they stick to making "gentlemans cars" instead of "it cars".
     
  24. RP

    RP F1 World Champ

    Feb 9, 2005
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    Although this means you are diluting yourself, I am neverthelss, impressed.
     
  25. Townshend

    Townshend F1 Veteran
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    Jul 20, 2005
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    How gaudy. I even heard there was a Ferrari with Ostrich seats somewhere in Florida..
     

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