Aston Martin with pride born into a garage, very like dirt music. Lionel Matin and Robert Bamford garnered levels of success kind of like Kurt Cobain’s Nirvana. Though, Martin and Bamford’s version of Nirvana was designed type scrap through a partnership that will ultimately result in a kick within the luxury auto-market’s groin.
Aston Martin (Aston Martin Lagonda Limited) was founded London in 1913 by Lionel Martin and Robert Bamford. It is a British Automobile manufacturing of grand tourers and luxury sports cars. The headquarters of Aston Martin is Gaydon, Warwickshire, England (United Kingdom).
Bamford & Martin was joined a forces and the previous year they sell cars. Martin mad first car with fitting a 4-cylinder Coventry-Simplex engine that’s named “Aston Martin”, to 1908 Isotta-Fraschini of the chassis. Their first car produced in March 1915 and they acquired premises at Henniker Mews in Kensington. Could not start the production because of the outbreak of World War-1. Every machinery was selling to the sop with Aviation Company.
In1950-1960s luxury grand touring cars was associated, The company has had a exchequer financial history, as well as bankruptcy in the 1970s. However, has conjointly enjoyed long periods of success and stability, with in the ownership of David Brown, from 1947 to 1972 and of the Ford Motor Company from 1994 to 2007. In March 2007, a consortium of investors, led by David Richards, purchased 92% of Aston Martin for £479 million, with Ford retaining a £40 million wager. Then David Richards became chairman of Aston Martin. December in 2012, the Italian private equity fund Invest industrial signed a deal to obtain 37.5% of Aston Martin, investing £150 million as a capital increase.
In 2013 Aston Martin signed a deal with Daimler AG to provide new Mercedes-AMG power plants for the next generation line up. Daimler AG now owns 5% of Aston Martin Mercedes-AMG will also supply Aston Martin by way of electrical systems. This industrial partnership will support Aston Martin’s launch of a new generation of models that will incorporate fresh technology and V8s.
Aston Martin Website: http://astonmartin.com/