Aston Martin's Lawrence Stroll explains why the company stock spiked this year
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- Опубліковано 6 жов 2024
- Lawrence Stroll, Aston Martin executive chairman, joins 'Squawk on the Street' to discuss what Stroll will do with recent investment from Geely Automobile Holdings, whether Stroll is concerned about the relationship between the U.S. and China, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Alonso getting P2 or P3 in every race in formula 1 gives Aston Martin a Stocks pump ! And create value for the brand !
With every chance that Alonso COULD finish 2nd in this 2023 championship, come seasons end, assisted by Red Bull with their own handicapping of their own No 2 driver Perez.
They just need to replace Jnr with a real driver
By only one driver!!! 👏🏿 🏎
Looks like the Aston Martin interiors (DB12) will now be worthy of the class-leading exteriors. I am rooting for this company!
That interior design is pure class.
He's right, Aston Matin was undervalued. He bought at the best time too.
But now they are overvalued.
Lawrence Stroll has a history of turning companies into gold.
It appears he is now doing the same thing with Aston Martin in both the road cars and the Formula One team. I wouldn’t bet against him. The man is a force of nature.
It certainly help that Lawrence Stroll is a bona fide motorhead.
Chinese and Canadian hands in the English pie.
Aston Martin is the coolest car brand out there. Really great to see them doing so well. The DB12 is sensational.
Not with plain old V8 engines (except even less exciting than in cars like Camaros and Mustangs or BMW 5-series...) and the same exact touchscreen interiors that everyone else has. And not while going bankrupt (again, as usual).
Lol no
It’s certainly up there. If only they’d ditch the AMG engines.
Aston Martin is something people my grandparents age are obsessed with... they have a lot of work to do to become 'cool'
Aston Martin thanks to Lawrence Stroll's entrepreneurship and "Chutzpah" is on fire. The F1 team in just couple years has been challenging the top teams. Geely's investment in Aston Martin is a huge move because it will open the Chinese market which is the number 1 car market.
No, what will happen is it will open the European and US market even further to Geely and PLA.
China …..slowly slowly catchee monkee…..everywhere
Geely/Chinese aim to take over Aston Martin in the long run, they already own 51 % lotus
82% Volvo
Proton etc etc…….
These people are beginning to dominate everywhere…….properties , shareholders on anything/everything, controlling/owning certain ENTIRE ports; the west’s profiteering by buying their inferior lookalike/knock off cheaper poor quality goods to make their own profits is what has helped put China in the strong financial position she is in today.
Shame on you, entrepreneurs, you contributed to China’s increasing power of today……..and your‘couldn’t have foreseen’ answer is inadequate.
Chutzpah
How Jews roll
As Mercedes grew with their F1 success I believe Aston Martin will grow exponentially
@@fukuoka33 agreed. the above is a silly comment
I’m thrilled for Aston Martin
finally aston martin are catching up. about time honsetly. In F1 and in car production.
Would have loved to hear from Lawrence about his new adopted son. Alonso(n).😆
What a legend he is Lawrence Stroll
He’s like the automotive Trump
He interviews very well
The DBX707 and DB12 are on my Lotto list!
I'm up 56% on my Aston Martin stock this year. Thanks Lawrence!
Is it still a good time to buy you think?
How much money have you made off it so far? That 56%? If you don't mind me asking..
@@jonleger1157 Not looking so good, I trimmed about 30% at the highs but the remaining is down precisely -32% as we speak. Loses are widening so lets see if they can get that under control as for now the product lineup is solid.
Got to admit! it's hard to bet against Lawrence. The stock has another 200-300% to go
No it hasn’t. Have you looked at the numbers? They’re drowning in debt and aren’t making ANY money at all. Just huge losses. To be fair a year ago I made a 100Percent win on AM stock.
Alonso is a part of this dream.👏🏻👏🏻👏🏻
Just look how his face changes when he start speaking at the end about F1 team
He needs to get rid of his son in the F1 seat. Lance sucks.
If you told me in January 2023 that Aston Martin would be vying for second place this year, I would have realized you know nothing about F1... And their new facility/wind tunnel isn't completely online yet!
My point was a bit different. Taking over Aston Martin's management leadership has been a business goal, and achieving success with F 1 team is nothing but passion. Perfect combo business and passion
@@pierremarcoux9465 - AMRF1 is currently 3rd in the WCC standings after 7 races for 2023. They were 2nd place before the SpanishGP 2023 but both Mercedes drivers scored more points than the solo ALPHA-lonso and Mercedes moved to 2nd place while AMRF1 dropped to 3rd place.
Now, after 7 races for 2023, IF Ferrari have fixed their issues, both drivers thru the season will outscore the solo ALPHA-lonso and by the end of the season for 2023 AMRF1 could drop to 4th place on the WCC standings.
Thank-you Lance Stroll.🙄
@jonasjonaitis8571 - +💯....👍
Let's not forget that over 5 years as of today the shares are down 97.99% and in the last 3 years this company has lost more than a billion $. Way to go stroll.
It surely didnt spike because of his son's F1 performances
That's for sure, cotton wool a
Lance may not be championship material, but he's certainly not a slouch.
Aston Martin has been undervalued for sure. I speak to alot of car guys and people that can afford these things and until recently Aston Martin wasnt even on their radar anymore.
Good to see Aston making interesting desirable products while still looking cool in that Aston Martin way. Lawrence is doing a fantastic job too.
Glad to listen to Lawrence
Answers are straight to the point, no going around
I’m pretty sure this growth can be attributed to his real son, Alonso getting podium after podium😂
Put the db12 interior in the dbx and you’ll outsell every premium suv
Alonso is smashing Stroll
the new interior of db12 is the game changer i think...now actually competes
best decision to hire alonso.
“We’ve shown the car to clients and the response has been positive.”
Notice how billionaires speak; everything is affirmative. There’s never any guesswork. No if/whys/buts. Just absolute confidence.
I adore Aston Martin. British brand and engineering expertise in beautiful cars (apart from the DBX)
To sum up in one word: ALONSO
I was expecting him to praise his son Fernando Alonstroll
Such a underrated brand
Mr Lawrence Stroll you are a Gentleman and Scholar and as alway’s you deliver straight down the line with your wealth of knowledge on the truth and the facts and the technology that will give Aston Martin the edge now and in to the future with a touch of British Class and Heritage that just like your Racing Team’s will take you straight to victory my good man! I would like to also Congratulate you on being the Executive Chairman of Aston Martin!
One reason: Fernando Alonso
Had Lawrence Stroll decided to sideline his son in favour of Sebasian Vettel, the combination of Alonso and Vettel as Aston Martin drivers would have gotten every single F1 fan to talk about this lethal combination of drivers!
Because of Alonso!
One of the most interesting people to hear talk
I bought a bunch of stock when Tobias Moers was appointed. He left. I am at -80%. Hodl
Why does he look like he’ll cry any moment and burst into a rage of anger
How does someone buying stock in a company increase proceeds???
It’s ironic by the time Aston build the DB12 they drop the v12 engine… what a shame, but hopefully a better modern competitive car for it…
And on top of that, they didn't call the DB9 the DB8 because they didn't want people to think it was a V8 😂
Good luck finding parts after 5 years. What these sportscar manufacturers do is create parts for a small period then stop so their client will buy the newer products. Just like Apple but at $300,000 play money
❤❤❤these cars and successful people
The ONLY reason the share price is up is FERNANDO ALONSO.... yal cant tell me nothing
Awesome, well deserved
With Lance' countless Crashes Yes AMR is getting popular
this is not an interview this is a PR by Stroll , paid commerical .
Thanks to Fernando Alonso
Aston Martin cars also loose the most amount of money once bought off the showroom floor they have the record loss after you buy it! At least 50% loss i wouldnt buy one they dont even make there own engine!!!???
Fernando alonso is why
two words, FERNANDO ALONSO.
Beacuae of Fernando Alonso
Daddy Stroll making moves. The next move he should make is teplacing his son as the 2nd driver in their F1 team.
Yes it's great for Aston Martin right now.? will it be good for the long-term.gee le might be the most westernized company but🎉 they are still based in China and look what they did to Jack Ma of Alibaba. As long as you have something that they want or need you good as soon your usefulness is out lived they will kick you right out Where will Aston Martin B. Aston Martin never been known to be a good financial situation all the time once they drop those shares what will happen to Aston Martin? You have to think about the long run just like they do
Vamos Fernando!
son is such a average F1 driver, good have rich dad
Anything to do with F1?
alonso should ask for a raise tbf
Say and believe what you like but nobody gets to that level of wealth without a good business mind. As crap as every British car has and still is, Stroll will turn AM into a world brand. No under valuing Alonso’s achievement in selling the car on Monday that did well over the weekend. HUGE impact. Lance is just having fun sponsored by something his dad is also enjoying, can’t fault that.
Wish they’d make their own engines rather than running off to AMG but I guess that’s never going to happen. Hopefully they’ll invest some of that Geely money on the Vantage, it never looked right to me and it’s interior is even worse than that of the old DB11.
Honda
They literally still sell some models with their own engine. But now they're phasing that out due to unbelievably incompetent strategic decisions which led them right into a dead end with that engine. They had to sink in so much money into the next gen of the Mercedes mass-produced ordinary V8 that they now can't invest into developing the V12 to keep it, and to keep their top-luxury status.
@@pistonburner6448 They blitzed huge sums of money on the Valkyrie with its complex suspension and bespoke hybrid engine. It looks like a fantastic car and everything but I can’t help but think it was a crying shame that they didn’t invest in the bread and butter models over their vanity project. They probably could have sorted their interiors and sat nav out ages ago and had enough left over for their own V8 or whatever. However to survive the ban on combustion cars they’ll need the support of third parties and I’d rather they partnered with AMG than Geely so I guess there is some logic to the arrangement. Plus the cost of buying engines from AMG is significantly cheaper than the ruinous cost of developing a new engine.
@@enigmatwist6548 Why on Earth would they want to have their own V8? They already have their own V12!
They burned a lot of money on Valhalla, having to switch engines half way through, then they still had to spend a lot of money on that Mercedes V8 (which people will not pay as much money for). And they've wasted a lot of money on them overall, as they had to switch to the new version of the Merc V8s! That too is a lot of work...in addition to the vast sums they have to pay Merc for them.
They could've updated the V12 instead, and gotten rid of the hugely expensive Mercedes relationship which they have to pay a lot for in general and in addition per car! Why pay *_your competitor_* for engines?!
Why would anyone pay for V8 Aston Martins? They're WORSE than BMW's sedans in every measurable way!
Finally basically all their competitors got rid of V12s and _that's_ when the
'geniuses' of Aston Martin decided to get rid of their V12: just when they would've had an almost totally unique selling point which others don't have!
@pistonburner6448 you just referenced a BMW sedan V8? Alright, so the typical response from someone who has never owned an Aston designed/built engine... they are far more reliable than BMW V8s, have tons of tuning/modding potential, and oh yeah... track pedigree such as a dry sump system to actually handle track duties.
Stroll is coming from luxury clothing it and it is very obvious he is applying the knowledge learned there to F1
I'll let pass no worries.
Can’t buy their stock in the us market.
Alonso
Well the guy knows how to pitch stuff… that’s pretty clear…
Alonso 🍾🍾🍾🍾🍾
Could you please deliver my Vallahala already!
Because OHHHHH FERNANDO ALONSOOOOOOOOOO
Lawrence Troll marketing strategy= Build it cheaper with cheaper components and robotic labor. You’ll see the Aston Martin brand go into the dump in 5 years. #Marshalls #TJMaxx
You have Alonso to thank. And not lance. Lol
Ask him when the valkyrie is going to Le Mans
Have never been a fan of the strolls (particularly Lance); however, I have to admit that Lawrence has really turned around the company
How so? DBX isn't the success it should be, multiple projects needed to be delayed and cancelled, basically all their product line is old and watered down (they even had to give up their signature and top-of-the-line V12s in the new DB12 model and use the cheap, mass-produced, totally ordinary Mercedes unit instead)...
They just had to sell out a large proportion of themselves to China and hope the Chinese can save them! What could be better proof that they themselves know they're not going to end up doing well?! Selling out to China is always the ultimate sign of total failure (though Aston only sold part of itself so not total yet...), as that shows that even Western companies don't want to pay for you.
Not really they're still not turning a profit haven't in a decade
Logan Roy
That makes my pension plus benefits safe then.. 😉😉
❤❤
Because Dan Fallows was signed, and you probably cheated to improve your car so much?
Why is that Aston in the background covered in bird pooh?
*Aston should be paying Fernando Alonso well deserved!!*
J lu😮uuuuuuuuyuuum..
And he will pump up the stock and then sell off
El Plan
ouch 146 now lol
gasdjoos
CHADLONSO
Yeah, the F1 team is on fire thanks to Alonso's consistency in getting podiums after 7 races in 2023. Alonso is carrying most of the total points of the team on his back.
Lance, not so much.
AMRF1 had dropped from 2nd place in the WCC standings and is now 3rd(after 7 races) and will eventually drop to 4th place in the WCC standings by the end of the year......thanks to Lance Stroll.
Like unlike
crap company
Always warms me to see Mercedes fan bois burning up 😂
Fernando Alonso
yawn. and yawn yawn for the slimy green f-1 livery. butt daddy's boy lance is kinda cute