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ARGGY - Aston Martin Now Refinanced Looks Like A Buy
Aston Martin Lagonda Global Holdings PLC ADR
The basic car business problem
As I read it - and of course I'm not perfect - there are really only two ways to be in the car business. One is to be a vast corporation able to carry the $1 billion or so minimum cost of developing a platform. The other is to be small and specialist and not doing any real development of either chassis or engine (perhaps drive train is better there).
That is, either it's necessary to be able to amortize development costs over millions of vehicles or to not actually