The Aston Martin Lagonda Limited is a luxury sport and touring British car-builder. It was established in 1913 by Lionel Martin and Robert Bamford. The company “Aston Martin” has been associated with luxury cars in the 1950s and 1960s, and with the character of James Bond fiction after using a DB5 model in the film Goldfinger 1964. Aston Martin has an eventful background behind finances, including in the 1970 defalcation, but also experienced long prosperity and establishment, also owned by David Brown, from 1947 to 1972 and the Ford Motor Company from 1994 to 2007.
In March 2007, a corporation of capitalist-led by David Richards has, 92% of Aston Martin has bought for 479 million pounds, with Ford keeping 40 million pounds. David Richards was Chairman of Aston Martin. In December 2012, the Italian private equity firm Invest-industrial signed an agreement to 37.5% of Aston Martin to buy, invest 150 million pounds as capital.
Aston Martin History
Aston Martin was founded in 1913 by Lionel Martin and Robert Bamford. The 2 had forces as Bamford & Martin the previous year came to cars by Singer from premises in Callow Street, London where they also serviced GWK and Calthorpe vehicles for sale. Martin raced specials at Aston Hill near Aston Clinton, and the pair decided to make their own vehicles. The first car by a Coventry-Simplex four-cylinder engine with a chassis Isotta Fraschini is called-1908 Aston Martin was created by Martin. They acquired premises at Henniker Mews in Kensington and produced their first car in March 1915. Production could start because of the First World War broke out, and the Martin joined the Admiralty and Bamford Royal Army Service Corps. All the machinery sold to Sopwith Aviation Company.
After the war, the company was developed in Abingdon Road Kensington and a new car to carry the Aston-Martin name refounded. Bamford left in 1920 and the company was revitalized with financing from Count Louis Zborowski. In 1922, Bamford & Martin manufactures cars in the French Grand Prix, later the world competes to establish the speed and endurance records at Brooklands. Three works Team Cars with dual camshaft 16 valves were built for racing and record: VIN 1914 later developed as the Green Pea, Frame number 1915, the car razor recording; and the chassis number 1916, later was developed as Halford Special Edition.
The company was sold in 1975 by its recipient by a new bankruptcy business in North America Peter Sprague and George Minden £1,050,000. A turnaround planning led to the recruiting of 360 employees in 1977, operating profit of 750,000 pounds. The owners were force company into modernizing line, producing Aston Martin V8 Vantage in 1977, convertible Volante in 1978, and one-off William Towns-style Bulldog 1980 cities also decorated Lagonda sedan futuristic, based on the V8 model.
Aston Martin Relations with Mercedes-AMG
In 2013, Aston Martin has written an agreement with Daimler AG to new power plants for the Mercedes-AMG line to the next generation. Daimler AG holds 5% of the Aston Martin. Mercedes-AMG also Aston Martin with electrical systems. This technical partnership is supporting the launch of Aston Martin to a new generation of models, which are the new technology and Aston Martin V8 integrated.