Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
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Aston Martin DBX
As I write this, we still haven’t driven a finished Aston Martin DBX. But we’ve spent enough time in late-stage prototypes, seen enough of its engineering and know the market sufficiently well to be confident this is a car capable of turning Aston Martin around. Even if it turns out to be a shed – and it isn’t – adding an SUV to the Aston Martin line-up should reverse the perennial problem. This is, as former CEO Andy Palmer once noted, that “Aston Martin has basically never made money”.
The DBX, production of which officially begins this month, is a car of no little ambition. It’s not just Aston Martin’s first SUV, but it’s also built on a new Aston platform – one compatible with electrification – and will be produced in an all-new factory. And it’s a car with really broad capabilities: not only does it have to be an Aston Martin, and therefore as engaging to drive as you can make any two-tonne passenger car, it will also have to pull a horse box across a wet field, power itself over a desert sand dune and sit all day on the motorway. And provide entertainment on a B-road.
Unfortunately for Palmer, the turnaround – and the DBX – didn’t arrive soon enough. Tobias Moers, formerly head of Mercedes-AMG, replaces him next month. Aston’s recent problems are well documented, and cash-flow crises, a drop-off in Chinese sales, dismal share performance after a premature IPO and then the coronavirus all conspired to seal Palmer’s departure.
Longer term, though, the range revival he instigated still has the potential to deliver. The breadth of it is promising: there are the front-engined GT cars, and mid-engined sports cars and luxury cars. There’s the new factory to give Aston the capacity it needs and it’s deep into the development of its own engine.
Among all this, Aston doesn’t need to take a huge slice of the global luxury 4x4 market to fund itself. With all this in the pipeline and a DBX about to arrive in showrooms, it looks like pretty shrewd time to become Aston’s CEO.
Vectura
you stole my line :)
Whether you realise or not I have put link on this board earlier... read your posts I thought (deja vu)......
Remember this wrote by one of journalist. Hopefully he / she is right
NoahsArk apologies
It is a great Article Thank you for the link
Apologies again ????????????
All this wave talk is driving me crazy. You are not taking into account the wind and the tides.
I went to Aston Hatfield today. Not the best customer service but they said that they would not get the demonstrators for the DBX until the middle of August and customer cars would not arrive until September.
That is not great as that would signify an additional delay in production. On the flip side they said the wait would be 12 months and they have many people waiting.
This does not mean that the press drives and general release will still not happen this month and I hope it does.
HIya Cars yeah I made enquiries today through a well connected friend and was told the demonstrator will not be arriving here in Newcastle until July/August but tbh I got the feeling they didn’t really know? What I don’t understand is if no one has got demonstrators then have people ordered these cars blindly? Ie without a test drive or in some cases even seeing them? I don’t get how they can have so many orders?
Because people have too much money !
Sadly not me.
Is it not that people can put down a small refundable deposit on the order like Tesla are doing with the cybervan?
Friend of mine has a 16k deposit on a 1913 edition - we have all seen DBX several times including a special launch at red bull MK - there have been advents at Silverstone and knockhill to show potential customers the car - Newcastle has test drives planned a few weeks ago but these were cancelled - anyway just saying
In January this year, Analysts at CitiGroup rated this stock as a “high-risk, high-return” bet. The premise at that time was that the stock could rebound with the launch of the long-awaited SUV, DBX. AML have already said if demand for the DBX is strong, they’re going to make more versions of the DBX, e.g. a longer wheel base etc. That’s more cars made on the same DBX platform, just like the Audi Q5, Q3 etc. Also the reviews for the DBX car have been very positive since it was unveiled in Nov, now that people are stepping in the car and seeing for the first time it’s getting even better reviews.
12 months DBX wait is great as regards an indicator of demand - it will increase desirability, resale values, and production efficiency. All positive!