Ford to sell Aston Martin (Update- Its Done!! Sold to Prodrive on Pg 6)
10-22-06 | 01:47 PM
#46
Lexus Fanatic
Joined: May 2001
Posts: 19,103
Likes: 1
From: Netherlands
They also did more then supplied engines.
Most of the Rovers during that period (6 and 4 series) are built on Honda platforms.
600 on the accord platform and the 400 on the civic platform.
02-01-07 | 08:07 AM
#47
G35x - RWD/AWD goodness
Joined: Jul 2001
Posts: 2,950
Likes: 1
From: Michigan
Report: Bidding Heats Up for Aston Martin
Who will buy Aston Martin? Ford is said to be shopping its British luxury unit for $880 million.
Date posted: 01-31-2007
LONDON — The second round of bidding has begun as Ford Motor Co. looks to sell Aston Martin for a reported 450 million pounds (approximately $880 million), the Financial Times said on Wednesday. Unnamed sources say that "People have increased their bid prices."
Bidders were said to include Syrian-born property tycoon Simon Halabi and Doughty Hanson & Co., a British private equity group. Other bidders may include Canadian auto supplier Magna and a consortium including Australian media executive James Parker.
Earlier this month, Ford Chief Executive Alan Mulally said the company will make a call this year on the sale of Aston Martin.
What this means to you: A deal may be in the offing for Aston Martin if one of the bidders is out in front during this second round. If not, talks may drag on to round three.
Source: http://www.edmunds.com/insideline/do...cleId=119425#2
02-01-07 | 01:00 PM
#48
Lexus Fanatic
Joined: May 2001
Posts: 19,103
Likes: 1
From: Netherlands
Who will buy Aston Martin? Ford is said to be shopping its British luxury unit for $880 million.
Date posted: 01-31-2007
LONDON — The second round of bidding has begun as Ford Motor Co. looks to sell Aston Martin for a reported 450 million pounds (approximately $880 million), the Financial Times said on Wednesday. Unnamed sources say that "People have increased their bid prices."
Bidders were said to include Syrian-born property tycoon Simon Halabi and Doughty Hanson & Co., a British private equity group. Other bidders may include Canadian auto supplier Magna and a consortium including Australian media executive James Parker.
Earlier this month, Ford Chief Executive Alan Mulally said the company will make a call this year on the sale of Aston Martin.
What this means to you: A deal may be in the offing for Aston Martin if one of the bidders is out in front during this second round. If not, talks may drag on to round three.
Source: http://www.edmunds.com/insideline/do...cleId=119425#2
02-01-07 | 02:09 PM
#49
02-01-07 | 04:02 PM
#50
Thread Starter
Speaks French in Russian
Joined: Oct 2002
Posts: 13,310
Likes: 67
From: What is G?
It appears that Louis Vutton will acquire Aston?????
....Do they even know anything about building cars?? 
Louis Vuitton to acquire Aston Martin
http://www.leftlanenews.com/2007/02/...tin/#more-4744
Louis Vuitton to acquire Aston Martin
French luxury goods maker LVMH Moet Hennessy Louis Vuitton SA — better known as just Louis Vuitton — has won an auction to acquire Aston Martin from Ford, according to a German news report.
The news will appear in weekly auto magazine Autobild tomorrow, according to MarketWatch, which obtained an advance copy of the article. The Autobild report cites well-placed but anonymous sources.
Earlier this week, bidding ended for Aston Martin, which has been up for "auction" since August. Ford is selling the successful sports car company in order to raise much-needed capital.
Ford will retain a 15 percent stake in the company, according to the report. No details on the sale price were given, but a report by Britain's Sunday Times in December put valuation as high as $1.2 billion.
The news will appear in weekly auto magazine Autobild tomorrow, according to MarketWatch, which obtained an advance copy of the article. The Autobild report cites well-placed but anonymous sources.
Earlier this week, bidding ended for Aston Martin, which has been up for "auction" since August. Ford is selling the successful sports car company in order to raise much-needed capital.
Ford will retain a 15 percent stake in the company, according to the report. No details on the sale price were given, but a report by Britain's Sunday Times in December put valuation as high as $1.2 billion.
02-01-07 | 04:06 PM
#52
Thread Starter
Speaks French in Russian
Joined: Oct 2002
Posts: 13,310
Likes: 67
From: What is G?
FRANKFURT (MarketWatch) -- French luxury-goods company LVMH Moet Hennessy Louis Vuitton SA (12101.FR) is set to buy Ford Motor Co.'s (F) Aston Martin brand, German weekly Autobild will report Friday without citing its sources.
The U.S. automaker will retain a 15% stake in the European luxury brand, which is part of Ford's Premium Automotive Group, the report said. The report didn't elaborate on any financial details.
Premium Automotive Group spokesman John Gardiner told Dow Jones Newswires the process to sell Aston Martin "is ongoing". LVMH declined to comment.
The U.S. automaker will retain a 15% stake in the European luxury brand, which is part of Ford's Premium Automotive Group, the report said. The report didn't elaborate on any financial details.
Premium Automotive Group spokesman John Gardiner told Dow Jones Newswires the process to sell Aston Martin "is ongoing". LVMH declined to comment.
http://www.marketwatch.com/news/stor...CC8FF05C9B3%7D
02-01-07 | 04:18 PM
#53
Maybe we'll see... nicely stitched leather interiors now? I don't even know what to make of this very oddly matched acquisition. Louis Vuitton won't do much for Aston's biggest problem, slightly lackluster performance, but should help Aston make stunning cars, inside and out, and teach them a thing or two about exclusive dealer outlets.
