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The Pits said:
400 astons registered in the UK this year already?
that's amazing in the middle of the worst recession since the '30's and given they've no new models out this year.
I'm pleasantly amazed.
Yeah but .... have you seen the discounts they are giving to get those sales, can't be good for the long term.that's amazing in the middle of the worst recession since the '30's and given they've no new models out this year.
I'm pleasantly amazed.
DBS will be quite a few of those sales.
Firstly, note that the data is UK registrations, not sales, and therefore includes cars registered but not sold such as demonstrators and a whole swathe of 4.3ltr V8s that were pre-registered prior to being heavily discounted by dealers ahead of the (new) 4.7ltr version.
Secondly, when AML made 21 cars in 1993 they were in Newport Pagnell not a huge shiny new facility in Gaydon and lost £23m on sales of £15m. Their break-even point is much higher today than in 1990 - their sales were £559m and profits £44m (in AML pre financing) in 2007. Furthermore their interest costs on the debt used to acquire the business push the breakeven even higher.
Secondly, when AML made 21 cars in 1993 they were in Newport Pagnell not a huge shiny new facility in Gaydon and lost £23m on sales of £15m. Their break-even point is much higher today than in 1990 - their sales were £559m and profits £44m (in AML pre financing) in 2007. Furthermore their interest costs on the debt used to acquire the business push the breakeven even higher.
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