Aston Martin V8 Vantage vs. Porsche 928
03-10-2005, 03:13 PM
#16
Originally Posted by Jim bailey - 928 International
A M from inception 1948 ? to the year 2000 sold a grand total of 2157 cars in North America they "produce" a couple HUNDRED cars per year..... pretty much a non-event and Aston Martin and profit are two words seldom used in the same sentence 
http://www.autoindustry.co.uk/news/i...ews-558a796g0h
the US is now Aston Martins biggest market. Reading between the lines it appears they sold 1500 cars in 2003 but are targeting total sales of 5500 by 2006!
03-10-2005, 03:19 PM
#17
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I was incorrect about the annual production numbers seems they have stepped up to planning to make about 2,000 per year ......also on profit .."Aston Martin set to turn first-ever profit
By Jeremy Grant in Chicago
Published: June 6 2004 20:28 | Last Updated: June 6 2004 20:28
Aston Martin, the luxury sports car maker owned by Ford, is expected this year to make an operating profit for the first time in the British marque's 90-year history.
John Walton, vice-president and general manager of Aston Martin North America, said the achievement was possible in spite of this year's steep decline in the value of the dollar.
Aston Martin has suffered because its manufacturing operations are UK-based and the weak dollar has made US sales less profitable. Aston Martin is part of Ford's Premier Automotive Group portfolio of luxury vehicle brands, which includes Jaguar.
Mr Walton said in an interview: "Our commitment to Ford was that for the first time in our history we will make a profit this year, and we are going to make it."
Mr Walton said the US overtook the UK as Aston Martin's largest market for the first time last year. There were no plans to "throttle back on production" because of the weak dollar. "America is the biggest sports car market in the world and it's by design that we're increasing our dealer network here. The alternative would be to back away and it would ruin the investment we've made," he said.
The disclosure came as Aston Martin this month started sales in Europe of the DB9, a new, six-litre sports car with a top speed of 186 miles per hour. US sales of the $155,000 vehicle start in September, with more than half of the annual production of 2,000 cars expected to be sold in the US.
Early next year, Aston Martin will unveil the AMV8, a $100,000 sports car. The two new vehicles, together with the Vanquish "super car" in production since 2000, are part of a plan to boost worldwide sales to 5,500 cars by 2006, from 1,500 in 2003, Mr Walton said.
Aston Martin's expansion comes as competition is intensifying between luxury car makers, such as Ferrari, Bentley and Porsche.
Mr Walton said that achieving the 2006 sales target would "make us twice as big as Ferrari". Aston Martin's volume ambitions were "wholly achievable with a three-car line-up".
But he said: "If you add up what everybody's planning to do, divided by the amount of people who buy at that level, somebody's going to have a shortfall."
The DB9 is the first of a new generation of Aston Martin vehicles built at a new plant in Warwickshire in England.
Aston Martin has invested heavily in new technology for the car, whose body is bonded, rather than bolted, to its chassis in a procedure borrowed from the aircraft industry.
Mr Walton said technology used by Aston Martin could eventually be used in other Ford vehicles." ........ Looks like they may have turned a profit !! if only on paper because you can be sure that the capital investment for a new factory and new technology is being written off over many years with only a small portion charged to this years earnings. The magic of accounting I could "spend" $10,000,000 and maybe only deduct $500,000 as this years expense.
By Jeremy Grant in Chicago
Published: June 6 2004 20:28 | Last Updated: June 6 2004 20:28
Aston Martin, the luxury sports car maker owned by Ford, is expected this year to make an operating profit for the first time in the British marque's 90-year history.
John Walton, vice-president and general manager of Aston Martin North America, said the achievement was possible in spite of this year's steep decline in the value of the dollar.
Aston Martin has suffered because its manufacturing operations are UK-based and the weak dollar has made US sales less profitable. Aston Martin is part of Ford's Premier Automotive Group portfolio of luxury vehicle brands, which includes Jaguar.
Mr Walton said in an interview: "Our commitment to Ford was that for the first time in our history we will make a profit this year, and we are going to make it."
Mr Walton said the US overtook the UK as Aston Martin's largest market for the first time last year. There were no plans to "throttle back on production" because of the weak dollar. "America is the biggest sports car market in the world and it's by design that we're increasing our dealer network here. The alternative would be to back away and it would ruin the investment we've made," he said.
The disclosure came as Aston Martin this month started sales in Europe of the DB9, a new, six-litre sports car with a top speed of 186 miles per hour. US sales of the $155,000 vehicle start in September, with more than half of the annual production of 2,000 cars expected to be sold in the US.
Early next year, Aston Martin will unveil the AMV8, a $100,000 sports car. The two new vehicles, together with the Vanquish "super car" in production since 2000, are part of a plan to boost worldwide sales to 5,500 cars by 2006, from 1,500 in 2003, Mr Walton said.
Aston Martin's expansion comes as competition is intensifying between luxury car makers, such as Ferrari, Bentley and Porsche.
Mr Walton said that achieving the 2006 sales target would "make us twice as big as Ferrari". Aston Martin's volume ambitions were "wholly achievable with a three-car line-up".
But he said: "If you add up what everybody's planning to do, divided by the amount of people who buy at that level, somebody's going to have a shortfall."
The DB9 is the first of a new generation of Aston Martin vehicles built at a new plant in Warwickshire in England.
Aston Martin has invested heavily in new technology for the car, whose body is bonded, rather than bolted, to its chassis in a procedure borrowed from the aircraft industry.
Mr Walton said technology used by Aston Martin could eventually be used in other Ford vehicles." ........ Looks like they may have turned a profit !! if only on paper
because you can be sure that the capital investment for a new factory and new technology is being written off over many years with only a small portion charged to this years earnings. The magic of accounting I could "spend" $10,000,000 and maybe only deduct $500,000 as this years expense.
I'll let you know how they compare - got a AMV8 coming in September hopefully.
03-10-2005, 06:43 PM
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There's a good write up in CAR magazine on the new Vantage.. I miss the old twin supercharger Vantage that was hand built... The new car is supposed to be extremely good with the 4.3 V8 and 400 HP.... I think it will be competition for the 911, and if a new 928 is launched, it will be dead on.. Those guys are doing very well in the design and build depts.. Gotta give it to them..
Yes, Ulrich Bez was responsible for the 993, so he knows a bit about them... Now if they would put a blower on that 4.3.... Hmmmmmm Maybe the DB9 and Vanquish would not sell that well..
Yes, Ulrich Bez was responsible for the 993, so he knows a bit about them... Now if they would put a blower on that 4.3.... Hmmmmmm Maybe the DB9 and Vanquish would not sell that well..
03-10-2005, 06:52 PM
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Prices similar... 2005 928 and AM V8
Taking the inflation calculator of my 1987 S4 which window stickered 69,000 to 2005, the car would go for over $110,000 today. This does not account for other expensive features which would be included today such as stability control, remote locks, GPS mapping, more horespower, yet fuel efficiency, 19" or 20" wheels, higher grade interior detailing, etc.
In other words, the 928 would be much like the AM V8, but with 2 more seats.
In other words, the 928 would be much like the AM V8, but with 2 more seats.
