Aston Announces New Shareholders

[Tofu]

Mar 12, 2007

Aston Martin is pleased to announce the start of a new chapter in its illustrious history following the announcement today that the prestigious sports car manufacturer has been sold to a consortium led by David Richards, John Sinders, Investment Dar and Adeem Investment, ending almost twenty years as part of Ford Motor Company.

The consortium is a group of sophisticated investors who are committed to the brand, its success and existing business plan which envisages growth, profitability and new products, including the much acclaimed four door concept Rapide, shown for the first time at the Detroit Auto Show in 2006.


more info in the link below

http://www.autoracingdaily.com/article/aston_martin_announces_new_shareholders/

[Minch00]

It's amazing how Ford sold of it's only profitable brand. Hopefully these new guys don't mess up what's already going on at Aston. The brand is finally coming into it's own, now even more so that Jaguar is out of the picture.

That's got to be a crazy story though, "Hey, what did you do today?" "Bought Aston Martin" "Oh neat, which one?" "All of them."

[Mike S]

I thought Louis Vuitton was looking at buying them? Guess it didn't go through?

(I didn't goto the link in case it's written there)

[pdisme]

Nope, some other people picked it up; guess they were having trouble figuring out how to get the car into the display case at the boutiques. :)

[Mike S]

Just figured it out. It was bought by Prodrive from the UK with the help from Investors from Kuwait for €660,000 mill

[Matt]

thats it? 660mill euros?

[Lasombra52]

Why in the world would Ford sell Aston Martin??? That makes no sense.

There must have been some internal politics that made Ford sell the auto manufacturer. I'm stumped. I'm gonna look into this one.