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Thread: Aston Martin’s Q3 2021 Results

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    Default Aston Martin’s Q3 2021 Results

    Just posted up an analysis of Aston Martin's Q3 2021 results:

    https://karenable.com/analysis-of-as...-2021-results/

    Underneath all the spin, it's not a pretty story. Moers' Q3 2021 looks almost identical to Palmer's Q3 2019.

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    Looks like Stroll lining his pocket at everybody else’s expense!

    Best hope I’d guess would be a Merc but out of the car company; but I bet they wouldn’t put up with papa Stroll’s finance deal for his kid!

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    Quote Originally Posted by A348W View Post
    Looks like Stroll lining his pocket at everybody else’s expense!

    Best hope I’d guess would be a Merc but out of the car company; but I bet they wouldn’t put up with papa Stroll’s finance deal for his kid!
    I cant see Merc having any interest in continuing to fund young Stroll's hobby.

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    Modificato is offline Nowhere to put the shopping -The Ferrari F40 Club Member
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    Meanwhile looks like McLaren have been saved by VAG

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    Quote Originally Posted by Modificato View Post
    Meanwhile looks like McLaren have been saved by VAG
    Apparently not quite yet.

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    F355GTS is offline Shocking waste of good kevlar - The Ferrari Enzo Club Member
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    Seems AML are having some issues

    https://www.ebay.co.uk/itm/Aston-Mar...-127635-2958-0

    Auction of the patterns and ‘carbon moulds’ used to manufacture the carbon bodywork of the Aston Martin DB5 used in the James Bond Film ‘No Time to Die’ released October 2021.
    Our Company manufactured the moulds and 8 carbon DB5 bodywork sets for the cars used in the film. The carbon replica bodywork was chosen for an upgraded DB5 Bond car and is attached to the replica original metal DB5 chassis.

    It should be stated that the ‘James Bond’ Film Company ‘Eon’ is not party to this and has been notified. Our company took careful consideration and deliberately postponed this auction until many weeks after the ‘No time to Die’ release.

    At this stage we have chosen to remain anonymous. The legitimacy of everything herein can be verified via contact or by reading and asking others, such as ex senior AML figures. Aston Martin were also previously notified, as seen in the letter below to Aston Martin’s CEO Tobias Moers.



    This sale has arisen due to issues with Aston Martin (AML) and Multimatic NVE for non payment of Invoices circa £1.4 Million dating back to 2018 and breach of 8 figure multi-million pound contracts.

    Our Company is doing this to raise money to help navigate these trying times, especially within the Automotive industry.

    PR Agents and Lawyers are invited to contact.

    It is with heavy heart that this is being actioned.

    Our Company is a specialist in complex, technical and high visual quality carbon component manufacture, including advanced recycling and eco friendly working processes.

    We work with prestigious world leading brands in the world of F1 and beyond. To date we have successfully worked on numerous Aston Martin Special Vehicle programmes.

    Our Company has worked extensively on production and development on the most complex key carbon ‘Body’ and aero areas of the £2.5-3.5 million Valkyrie HyperCar, that Aston Martin has had in development for the past 6 years. 8 VP ‘development’ Valkyries were built for AML with Multimatic. It is a complex design for production vehicles, even at a low volume, and very expensive to produce, which is what the customers want to pay for. However AML wished to cut costs, and Multimatic wanted to produce it as cheaply as possible, proposing cost cutting solutions that ‘compromised’ quality, the original designers intention, performance and safety. Our company refused to comply with this and felt obligated to withdraw our support and involvement.

    Our Company had an agreement to produce extensive key components for 150 Valkyrie customer Cars, and 25 -50 ‘Track pro cars’.

    Multimatic produces the Valkyrie Hyper Car for Aston Martin, though this is kept hidden from clients, who believe it is completely manufactured and developed by Aston Martin. Tobias Moers, the CEO of Aston Martin has contracted Multimatic to produce the Valkyries, not disclosing to the LSE or shareholders. This is questionable practice for a major car manufacturer. We raised serious issues with Tobias Moers, the AML CEO, of bad cost cutting practices and unethical behaviour by Multimatic compromising quality, customer safety, and further delaying homologation of the vehicle. (See letter to Tobias Moers).

    In the height of ‘Lockdown’ our company was pressured by MM and AML, under duress of losing contracts, to urgently manufacture a large amount of key components for them, at great added cost to us, whilst their factories were closed, and as it transpired without any intention of paying, in spite of all assurances and promises to do so. The new ownership and leadership of Lawrence Stroll with Tobias Moers from Mercedes AMG gave our company misleading assurances to improve and resolve the situation.

    Working on one of the World’s most hyped high quality Hypercars (“The Adrian Newey/RedBull” designed) “Valkyrie” with Multimatic for Aston Martin - prestigious British Marque that sells itself on ‘British Values’, and aligns itself with the world famous British icon ‘James Bond’, with an IPO that created a value of £4.5 Billion, the board at our company, decided this a recipe for successful stable business contracts using our high value/quality technical manufacturing.

    Subsequently our experience intertwines with:

    Compromising working practices, continual cost and quality reductions, unethical behaviour, continual delays, and unpaid invoices.

    Alongside:

    Arguably the most questionable IPO in recent history, questionable contract awards, significant shareholder changes, F1 hype, a split with Red Bull.

    Failed promises to customers; investors; suppliers? …partners such as Nebula?

    Questionable Financial information (See reports such as “The Flotation of an Insolvent company” by Tom Rubython in F1 Business Magazine), spiralling financing costs, plus customers having to pay millions in deposits who still have not received their promised Valkyries after 5-6 years…… ultimately bankrolling the company and keeping it afloat.

    ………….brought us to where we are today.


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    sssdu01 is offline No I'm Spartacus Committee Member
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    Well who wouldnt want a composite body classic shape Aston on a modern chassis and engine ?? I would guess the lawyers having a field day with this, as on top of getting tangled up in some corporate **** storm, Aston will want to defend its copyright.

    The whole Aston saga just tells me that in order to survive, they need to be taken over by one of the big players, and the existing board members thrown out of the company.

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    Modificato is offline Nowhere to put the shopping -The Ferrari F40 Club Member
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    Quote Originally Posted by F355GTS View Post
    Seems AML are having some issues

    https://www.ebay.co.uk/itm/Aston-Mar...-127635-2958-0

    Auction of the patterns and ‘carbon moulds’ used to manufacture the carbon bodywork of the Aston Martin DB5 used in the James Bond Film ‘No Time to Die’ released October 2021.
    Our Company manufactured the moulds and 8 carbon DB5 bodywork sets for the cars used in the film. The carbon replica bodywork was chosen for an upgraded DB5 Bond car and is attached to the replica original metal DB5 chassis.

    It should be stated that the ‘James Bond’ Film Company ‘Eon’ is not party to this and has been notified. Our company took careful consideration and deliberately postponed this auction until many weeks after the ‘No time to Die’ release.

    At this stage we have chosen to remain anonymous. The legitimacy of everything herein can be verified via contact or by reading and asking others, such as ex senior AML figures. Aston Martin were also previously notified, as seen in the letter below to Aston Martin’s CEO Tobias Moers.



    This sale has arisen due to issues with Aston Martin (AML) and Multimatic NVE for non payment of Invoices circa £1.4 Million dating back to 2018 and breach of 8 figure multi-million pound contracts.

    Our Company is doing this to raise money to help navigate these trying times, especially within the Automotive industry.

    PR Agents and Lawyers are invited to contact.

    It is with heavy heart that this is being actioned.

    Our Company is a specialist in complex, technical and high visual quality carbon component manufacture, including advanced recycling and eco friendly working processes.

    We work with prestigious world leading brands in the world of F1 and beyond. To date we have successfully worked on numerous Aston Martin Special Vehicle programmes.

    Our Company has worked extensively on production and development on the most complex key carbon ‘Body’ and aero areas of the £2.5-3.5 million Valkyrie HyperCar, that Aston Martin has had in development for the past 6 years. 8 VP ‘development’ Valkyries were built for AML with Multimatic. It is a complex design for production vehicles, even at a low volume, and very expensive to produce, which is what the customers want to pay for. However AML wished to cut costs, and Multimatic wanted to produce it as cheaply as possible, proposing cost cutting solutions that ‘compromised’ quality, the original designers intention, performance and safety. Our company refused to comply with this and felt obligated to withdraw our support and involvement.

    Our Company had an agreement to produce extensive key components for 150 Valkyrie customer Cars, and 25 -50 ‘Track pro cars’.

    Multimatic produces the Valkyrie Hyper Car for Aston Martin, though this is kept hidden from clients, who believe it is completely manufactured and developed by Aston Martin. Tobias Moers, the CEO of Aston Martin has contracted Multimatic to produce the Valkyries, not disclosing to the LSE or shareholders. This is questionable practice for a major car manufacturer. We raised serious issues with Tobias Moers, the AML CEO, of bad cost cutting practices and unethical behaviour by Multimatic compromising quality, customer safety, and further delaying homologation of the vehicle. (See letter to Tobias Moers).

    In the height of ‘Lockdown’ our company was pressured by MM and AML, under duress of losing contracts, to urgently manufacture a large amount of key components for them, at great added cost to us, whilst their factories were closed, and as it transpired without any intention of paying, in spite of all assurances and promises to do so. The new ownership and leadership of Lawrence Stroll with Tobias Moers from Mercedes AMG gave our company misleading assurances to improve and resolve the situation.

    Working on one of the World’s most hyped high quality Hypercars (“The Adrian Newey/RedBull” designed) “Valkyrie” with Multimatic for Aston Martin - prestigious British Marque that sells itself on ‘British Values’, and aligns itself with the world famous British icon ‘James Bond’, with an IPO that created a value of £4.5 Billion, the board at our company, decided this a recipe for successful stable business contracts using our high value/quality technical manufacturing.

    Subsequently our experience intertwines with:

    Compromising working practices, continual cost and quality reductions, unethical behaviour, continual delays, and unpaid invoices.

    Alongside:

    Arguably the most questionable IPO in recent history, questionable contract awards, significant shareholder changes, F1 hype, a split with Red Bull.

    Failed promises to customers; investors; suppliers? …partners such as Nebula?

    Questionable Financial information (See reports such as “The Flotation of an Insolvent company” by Tom Rubython in F1 Business Magazine), spiralling financing costs, plus customers having to pay millions in deposits who still have not received their promised Valkyries after 5-6 years…… ultimately bankrolling the company and keeping it afloat.

    ………….brought us to where we are today.

    Obvs - those of us in the industry could see this coming and are glad not to be wrapped up in it...

    bit of a low blow though about multimatic as in europe they would be called either pinifarina, bertone, touring superleggera etc.

    it is not questionable practice either as most truly limited specials have been produced by a handful of small specialist companies since forever.

    They don't flow down a production line at whatever brand it is unless its Toyota and an LFA and we all know how long that took to appear.

    meanwhile on ebay they are currently at £6300
    Last edited by Modificato; 17-11-2021 at 06:38 PM.

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