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Largered



Member Since: 10 Jul 2016
Location: UK
Posts: 1978
Aston Martin - a Stroll in the park ??

https://www.bbc.co.uk/news/business-51323241

AM need half a billion cash injection.

When AM was released from LR some years ago, Dave Richards (he of ProDrive) put together a consortium of Middle Eastern money to fund the venture. Looks like the begging bowl is out again !!!

.
Post #385590 31st Jan 2020 4:35 pm
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JulesK



Member Since: 07 Dec 2014
Location: Ceredigion.
Posts: 1673
Wales 2014 Freelander 2 TD4 HSE Auto Firenze Red

Wonder if their new operations over with us will go as soon as they've used up the WA bribe Embarassed Oopps grant?




Sheep If it wasn't so bad it'd be funny.

🐑
Freelander 2 HSE auto 2014 ( Florrie ) ..... Try again.
Freelander 2 GS 2012...... Gone.
Post #385595 31st Jan 2020 6:14 pm
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Rangie110



Member Since: 25 Feb 2018
Location: Groningen
Posts: 117
Netherlands 2011 Freelander 2 SD4 HSE Auto Baltic Blue

What a shame... that's not good for 'our' Max Verstappen. Red bull racing now lost the main sponsor from 2021 Crying or Very sad 'per aspera ad astra'
Post #385607 31st Jan 2020 7:53 pm
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Sperly



Member Since: 26 Dec 2019
Location: Warwickshire
Posts: 195
United Kingdom 2013 Freelander 2 SD4 HSE Lux Auto Baltic Blue

Largered wrote:
When AM was released from LR some years ago,.


Ahem!

They were released from Ford (who may just have happened to own LR simultaneously)
Post #385608 31st Jan 2020 8:12 pm
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Largered



Member Since: 10 Jul 2016
Location: UK
Posts: 1978

Ford Motor Company has sold Aston Martin to a consortium led by Prodrive founder David Richards, Aston Martin collector John Sinders, and Investment Dar and Adeem Investment Co, two international investment companies headquartered in Kuwait.
12 Mar 2007

..... and Ford did own LR at the same time. In Gaydon JLR and AM all operated from the same site.

.
Post #385616 31st Jan 2020 9:31 pm
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Boxbrownie



Member Since: 17 Mar 2019
Location: Looe
Posts: 2053
United Kingdom 2007 Freelander 2 i6 HSE Auto Stornoway Grey

And we (Ford) had all the PAG offices all together at Dunton, sited on the floor above the entrance to the design building......including LR Wink

It’s the one with the money who owned them Laughing Regards

David

Lovely i6 has now gone, but not me......

Please let me know if anything in my post offends you, as I may wish to offend you again......
Post #385646 1st Feb 2020 2:13 pm
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Dartman the one



Member Since: 04 Apr 2013
Location: Seville, Spain
Posts: 1700
England 

Half a billion is a lot of cash to keep solvent, one would suspect that it is for an investment or a buy out. Merc engine division or an electric investment? my PC is slightly to the right of Genghis
2012 HSE SD4 In Orkney Grey now gone, best car ever.
Post #385656 1st Feb 2020 7:51 pm
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