ASTON MARTIN AXE 600 JOBS
Discussion
so worldwide dealers had ordered cars and now they havnt sold ...seems like every car manufacturer these days im afraid ...and the Aston problem is pretty small scale compared to the big boys in the manufacturing game 
As a brand it wont disappear - its worth too much, they would just be bought cheap by one of the few car manufacturers thats cash rich. Its the same for any industry in a recession, if youve got cash in the bank to survive on, rather than living on borrowing, you should be ok...and come out of it fighting, after leaving lots of your competition by the wayside
..it will be interesting to see which car manufacturers survive for sure, and which ones get bailed out with our money .....
As a brand it wont disappear - its worth too much, they would just be bought cheap by one of the few car manufacturers thats cash rich. Its the same for any industry in a recession, if youve got cash in the bank to survive on, rather than living on borrowing, you should be ok...and come out of it fighting, after leaving lots of your competition by the wayside
..it will be interesting to see which car manufacturers survive for sure, and which ones get bailed out with our money .....
Talking to a dealer you wouldn't think car manufacturers are struggling at the moment, I phoned an Aston Martin dealer today to enquire about a V8V they have for sale. Because the car wasn't local I wanted to discuss the price, and its amazing how just this morning they have had several enquires regarding that particular car 
and he was expecting me to pay the asking price (60k for a MY07), telling me that he feels its been well priced 
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and he was expecting me to pay the asking price (60k for a MY07), telling me that he feels its been well priced .RichB said:
Doshy said:
If Ford don't get a hand out from the U.S Government and go belly up next year, so will the whole of Aston. Sad times indeed.
So do Ford still have a stake in Aston Martin or am I not following your logic? 
This does make commercial sense- in the good times, they would ramp up production and employ more staff. When sales are slow, those temporary workers will go. Common in manufacturing, though not nice if you're one of them
jochen1970 said:
They say its due to the economic climate, but it does not help when they have 2500 yes thats right, two thousand five hundred cars unsold around the world some built back in 2006 does not say alot for wonder kid betz
And your point is????????????Just let me know how many other car manufacturer aren't suffering BIG TIME at the moment, there are massive lay off's every where, government loans and support, part time working, even the the most profitable car company in the world (Porsche)is projecting VERY hard times ahead.
Bottom line...... all high car manufacturers are in for an incredibly hard time and those without big financial support to see them through the next few years will be staring the reaper in the face!
williamp said:
RichB said:
Doshy said:
If Ford don't get a hand out from the U.S Government and go belly up next year, so will the whole of Aston. Sad times indeed.
So do Ford still have a stake in Aston Martin or am I not following your logic? This does make commercial sense- in the good times, they would ramp up production and employ more staff. When sales are slow, those temporary workers will go. Common in manufacturing, though not nice if you're one of them
sadlerj said:
williamp said:
RichB said:
Doshy said:
If Ford don't get a hand out from the U.S Government and go belly up next year, so will the whole of Aston. Sad times indeed.
So do Ford still have a stake in Aston Martin or am I not following your logic? This does make commercial sense- in the good times, they would ramp up production and employ more staff. When sales are slow, those temporary workers will go. Common in manufacturing, though not nice if you're one of them
I took a v8 out a couple of weeks ago and when I enquired as to how things were the salesman explained that whilst things were quiet, he'd sold 4 cars in about 10 days due to the cut in interest rate. I don't know that I believe him. I guess the only other evidence is that Bentley are going down to a three day week, from their already shortened four day week.
Grant3 said:
Just let me know how many other car manufacturer aren't suffering BIG TIME at the moment, there are massive lay off's every where, government loans and support, part time working, even the the most profitable car company in the world (Porsche)is projecting VERY hard times ahead.
i can confirm that from first hand information - i was out for dinner with one of the Porsche heads last saturday.... sadlerj said:
williamp said:
RichB said:
Doshy said:
If Ford don't get a hand out from the U.S Government and go belly up next year, so will the whole of Aston. Sad times indeed.
So do Ford still have a stake in Aston Martin or am I not following your logic? This does make commercial sense- in the good times, they would ramp up production and employ more staff. When sales are slow, those temporary workers will go. Common in manufacturing, though not nice if you're one of them
Edited by :J: on Monday 8th December 10:09
:J: said:
...
Your mate is lucky, the people I know that work there say that nobody is saying who are going to be part of the 300 perm staff getting laid off in the new year...
They won't be allowed to.Your mate is lucky, the people I know that work there say that nobody is saying who are going to be part of the 300 perm staff getting laid off in the new year
...IIRC, laying off over 25 people in one hit you have to go into a period of consultation (unless you're winding the firm up) to avoid the risk of legal issues.
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