AMGDF News and Press, Aston Martin Lagonda Global Holdings Plc From 06/29/20

Following the appointment of the new CEO (arriving in august), Aston Martin (AMGDF) has now started to take immediate action to put themselves in a far stronger position. The company has bolstered liquidity while also cutting costs, to strengthen the company's balance sheet and increase the ou...

To rebalance supply to demand Aston Martin Lagonda Global Holdings ( OTCPK:AMGDF ) reduces front-engined sports car production, consistent with restoring profitability. More news on: Aston Martin Lagonda Global Holdings plc, Aston Martin Lagonda Global Holdings plc, Consumer stocks news, ...

Aston Martin ( ARGGY ) has just parted company with CEO Andy Palmer on 26th May . This is perhaps no surprise as the shares have fallen from £19 on float to lows of 35p, destroying 94 percent of shareholder value along the way. The New Executive Chairman has swept a new broom but i belie...

About a quarter of the shares of Aston Martin Lagonda Global Holdings plc ( OTCPK:AMGDF ; OTCPK:ARGGY ) is now owned by a group of wealthy motor sports enthusiasts led by Canadian billionaire Lawrence Stroll, who also serves as the company's executive chairman. Under his leadership, Aston Mar...

Since my previous coverage in mid-January, shares of the iconic luxury carmaker Aston Martin Lagonda Global Holdings plc ( AMGDF ; ARGGY ) have been in free fall. The trading statement that revealed the 107-year-old company had been testing rough waters running out of cash conflated with ...

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 do...

This article was highlighted for PRO+ subscribers, Seeking Alpha's service for professional investors. Find out how you can get the best content on Seeking Alpha here . Short Thesis Summary Demographics, technology, the Green Movement, electric and autonomous vehicles along with subst...

Recently, I stressed the utmost importance of Aston Martin Lagonda Global Holdings Plc ( OTCPK:AMGDF ; OTCPK:ARGGY ) raising a significant amount of new capital, if the company is to survive. The carmaker's debt level has risen to unsustainable heights while at the same time it lacks profit...

For Britain's most famous spy, it may be " No Time To Die ", but for his favorite car maker, the picture looks somewhat different. Aston Martin Lagonda Global Holdings Plc ( OTCPK:AMGDF ; OTCPK:ARGGY ) is burning cash at a faster pace than any car chase, and new debt is becoming increasingly ...

Embattled in 2019, British iconic car company Aston Martin Lagonda Global Holdings plc ( AMGDF; ARGGY ) has seen its hardships continue in 2020. The company has recently issued a profit warning informing investors its 2019 core wholesales declined 7%; this, despite a 12% rise in core retai...