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Ford sells Aston Martin

Posted in : Aston Martin, Ford

(added few years ago!)

 

 

Sean Connery as James Bond and his DB5

 

Ford’s President said, “The sale of Aston Martin supports the key objectives of the company, to restructure to operate profitably at lower volumes and changed model mix and to speed the development of new products,"
Ford Motor Company announced it has entered into a definitive agreement to sell Aston Martin, its prestigious sports car business, to a consortium comprised of David Richards, John Sinders, Investment Dar and Adeem Investment Co. This transaction is the result of Ford's decision, as announced in August 2006, to explore strategic options for the Aston Martin business as the company restructures its core automotive operations and builds liquidity.

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(added few years ago!) / 390 views