Sad Day: Aston Martin Sold [Archive] - Ford Inside News Community

: Sad Day: Aston Martin Sold



ndwariga
03-08-2007, 02:59 PM
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/03/07/cnaston07.xml
http://www.astonmartin.com/content/allsites/images/V8_5_800_e503397a-050c-4fcf-8eb6-285231a0d9ce.jpg

Personally, I do not think Aston will Survive without a Big Brother. Perhaps GM should have bought it to go above Cadillac. Ford has Volvo, Jaguar and Mercury. GM has Cadillac which has never comanded prices above $100K... Daimler Has Maybach, BMW, Rolls, VW has Bentley

Oh Well, Just my thought...

Funny how the Brits can build great cars but not great car companies

B.R.
03-08-2007, 04:09 PM
A sad day no doubt. Aston Martin makes the most beautiful cars in the world. But it makes sence for Ford to sell them off. Now Jaguar can fill the spot Aston was to be a low volume super luxury brand and Lincoln can move to where Jag was so it can be the BMW, Audi, Mercedes and Caddy competitor. The Lincoln brand has a lot of potential, as we can see with the lastest products they have come out with. This will allow Lincoln to become the great luxury car maker it once was.

Mbukukanyau
03-08-2007, 04:22 PM
A sad day no doubt. Aston Martin makes the most beautiful cars in the world. But it makes sence for Ford to sell them off. Now Jaguar can fill the spot Aston was to be a low volume super luxury brand and Lincoln can move to where Jag was so it can be the BMW, Audi, Mercedes and Caddy competitor. The Lincoln brand has a lot of potential, as we can see with the lastest products they have come out with. This will allow Lincoln to become the great luxury car maker it once was.
Agreed.. As For GM, I do not know how they intend to go beyond XLR V.. perhaps buy the Dussenberg name?

SobeSVT
03-08-2007, 05:00 PM
I hate to see AM go but there is no point in crying over spilled milk.

One thing that not many people seem to remember, or even know, is that there is a tiny brand which actually belongs to Ford through Jaguar. This is an ultra luxury Jaguar. The Queen of England, for example, never rides Rolls Royces or Bentleys while in official business but instead she and her family use cars by this brand.

http://daimler.co.uk/daimlermodels/images/limo.jpg http://daimler.co.uk/enthusiasts/images/queenmum/dfront.jpg
The DS420 Limousine as used by the Queen Mum and hercar which was kept aboard the Royal Yacht for her use abroad

http://daimler.co.uk/daimlermodels/images/sraighteight.jpg
The all weather straight eight as used by the Queen and Prince Phillip during their 1953-54 tour of Australia

Continues . . .

SobeSVT
03-08-2007, 05:02 PM
This brand is Daimler and still is being produced by Jaguar.

http://img263.imageshack.us/img263/9530/picture2ri2.png
The all new Aluminum bodied Daimler Super-Eight.

Today Daimler is more luxury than sport, but has a rich history of sports cars in England.

http://daimler.co.uk/daimlermodels/images/conquestroadster.jpg
The 1954 Conquest Roadster

The Daimler name is ripe for growth and growing this brand seem like a no-brainer now that Aston is gone, besides it would be like sticking a finger in Daimler Chrysler's eye . . . just for fun. That brings me to a question that i will research but would like to know if anyone can answer. Is the Daimler name used by license or does it belong to Jaguar to use as they see fit.

ndwariga
03-08-2007, 09:11 PM
Amazing stuff.. But
The moment you sell it to other people other than Royalty.. of England.. it becomes just another Maybach or Bugatti

SobeSVT
03-09-2007, 03:55 AM
Amazing stuff.. But
The moment you sell it to other people other than Royalty.. of England.. it becomes just another Maybach or Bugatti
That would be the idea . . . I think :confused: They DO sell to other people than the Royals.

http://img86.imageshack.us/img86/4924/picture3ku2.png

B.R.
03-09-2007, 07:21 AM
Agreed.. As For GM, I do not know how they intend to go beyond XLR V.. perhaps buy the Dussenberg name?

I guess if Caddy wanted to get into the Audi A8 or BMW 7 Series class, there is a rumor that they are developing the new RWD DTS to compete. If thy wanted to go above that class, they could make the Cadillac Sixteen Concept.

ndwariga
03-09-2007, 01:06 PM
That would be the idea . . . I think :confused: They DO sell to other people than the Royals.

http://img86.imageshack.us/img86/4924/picture3ku2.png
Which one is that? Looks like a Jaguar.
I sat in a Lexus LS back seat at the car show.. I still prefer the 7 Series Back seat.. The New S Class did not wow me back there.. but.. the Maybach is Wow..
But the wood in the maybach looks too good to be true.. almost fake

Looks like a Daimler is to XJ what the Montego is to the Five Hundrend

SobeSVT
03-09-2007, 01:51 PM
Which one is that? Looks like a Jaguar.
I sat in a Lexus LS back seat at the car show.. I still prefer the 7 Series Back seat.. The New S Class did not wow me back there.. but.. the Maybach is Wow..
But the wood in the maybach looks too good to be true.. almost fake

Looks like a Daimler is to XJ what the Montego is to the Five Hundrend
That is pretty much the case, for now. The rumor is that Daimler is working in an ultra luxury project to be the successor to the DS420 Royal Limousine and compete with the likes of Roll Royce, Bentley and Maybach. I hope they are considering a XK based sport line to compete with Aston Martin.

ndwariga
03-11-2007, 10:27 PM
That is pretty much the case, for now. The rumor is that Daimler is working in an ultra luxury project to be the successor to the DS420 Royal Limousine and compete with the likes of Roll Royce, Bentley and Maybach. I hope they are considering a XK based sport line to compete with Aston Martin.
Ford is keeping a stake in Aston Martin. so, in many ways.. if Jaguar cannot move up, Ford perhaps might re-aquire it

SobeSVT
03-12-2007, 07:56 AM
The AM logo was removed today from Ford's website. Very sad day indeed.

ndwariga
03-12-2007, 08:01 AM
Bill Koenig and Will McSheehy
March 12 (Bloomberg) -- Ford Motor Co., seeking to raise cash after last year's record loss, will sell its profitable Aston Martin luxury sports-car unit for $848 million to investors led by U.K. auto-racing champion David Richards.
The transaction values Aston Martin at 479 million pounds ($925 million), with Ford retaining a stake valued at $77 million, the U.S. automaker said in a statement today. Richards, founder of Prodrive Ltd., a U.K.-based maker of race-car parts, will be joined in the investment by U.S. banker John Sinders as well as Adeem Investment KSC and Investment Dar Co., two Kuwait- based Islamic financial companies.
The sale ends a six-month search for a buyer and two decades of Ford control of U.K.-based Aston Martin, best known as James Bond's preferred car. Ford bought its initial stake while on its way to posting a then-record 1987 profit. The Dearborn, Michigan, automaker lost $12.7 billion last year, the most in its 103-year history.
``Vehicle manufacturers are looking to focus their energies on their real strengths,'' said Michael Robinet, an analyst for CSM Worldwide Inc. in Farmington Hills, Michigan. ``Ford is a mass-market vehicle manufacturer.''
Aston Chief Executive Officer Ulrich Bez, 63, said in a press conference he's ``committed to run the company for another five years.'' Richards will be non-executive chairman.
Ford will hold a separate class of Aston preferred shares. That means Ford's stake in Aston Martin can't be stated as a percentage, spokeswoman Becky Sanch said in an interview.
Shares of Ford fell 6 cents to $7.87 at 10:26 a.m. in New York Stock Exchange composite trading.
Starting at $110,000
Aston Martin, with price tags starting at $110,000 for the Vantage coupe, accounts for less than 1 percent of Ford's global sales volume.
``The price is in line with our expectations,'' Ford Executive Vice President Lewis Booth said at a news conference today at Aston Martin headquarters.
``Any person looking at Aston Martin will want to boost its production,'' said Sheikh Maktoum Hasher Maktoum al-Maktoum, a member of Dubai's ruling family and founder of A1 Grand Prix, in a phone interview from the Persian Gulf emirate today. Sheikh Maktoum said he is providing advice and support to Richards, a personal friend, and may also take a stake in Aston Martin himself.
``If I don't put money on the table myself, I have a lot of contacts who might,'' he said.
1987 Investment
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8Mmj_0EZo_A&refer=home

ndwariga
07-18-2007, 03:49 PM
I am not looking foward to another thread like this one

2b2
07-18-2007, 06:57 PM
^^ yeahbut

If... IF whatever they're doing works - and No Way I believe we've read Any account Anywhere of what's really going on, yet - that's one thing...

The threads I don't want to read and in all likelihood Won't read, are the ones that'll be everywhere if whatever-the-plan-is doesn't work.