Aston Martin Reviews
Aston Martin was established in England by Robert Bamford and Lionel Martin. They first began their partnership in 1912, selling cars that were produced by Singer. The following year, the two decided to form their own car company. Their first location was purchased in Kensington, where they produced their first car. Unfortunately, they were unable to get their production off of the ground due to the First World War. Both men joined the war effort and all of their car parts and machinery were sold.
It was not until the war ended that Aston Martin was able to really begin production and start designing vehicles. Martin and Bamford did not remain partners for very long. Bamford left in 1920 and the company began to focus on producing vehicles for racing, including cars designed for competition in the French Grand Prix. Despite initial success in the racing industry, Aston Martin went bankrupt in 1924 and again in 1925. A year later Lionel Martin left the company, leaving investors to take control of Aston Martin. The company went through several changes over the next decade, including ownership. After the Second World War, Aston Martin was purchased by David Brown Limited.
Under the leadership of David Brown, Aston Martin developed cars meant for racing. Using a Bentley engine, Aston Martin began work on a series of cars known as the DB series. This included the DB2 in 1950 and the successful DB4 in 1958. With the success of the DB4 came the DB5 in 1963 and the DB6 in 1965. Both of these vehicles were used extensively in the racing circuit.
With the 1970s came a couple more changes in ownership of Aston Martin. First, in 1972, Aston Martin was purchased by Company Developments and then by a couple of North American investors in 1975. The new owners of Aston Martin, George Minden and Peter Sprague, were able to turn the company around. By 1977, the company was starting to turn a favorable profit. Some of the main cars produced during this time included the V8 Vantage and the Volante.
During the economic difficulties of the early 1980s, Aston Martin was taken over by two new investors – Tim Hearley and Victor Gauntlett. The new leadership produced the fastest passenger car in production. This car, the Aston Martin Lagonda, was profitable and helped propel the company forward.
Another major step towards renewed success was the release of the James Bond film “The Living Daylights” which featured an Aston Martin Vantage. By the end of the 1980s, Aston Martin was successfully producing their Vantage and Volante models; however, Guantlett could tell that Aston Martin would require significant investments to move forward. In 1988, Ford Motor Company became a shareholder in Aston Martin and took over control of the company in 1991.
After Ford took control of Aston Martin, they were able to increase their workforce and purchase additional manufacturing plants. In 2003, they introduced the DB9 coupe to replace the decade old DB7. The following year, they produced a convertible DB9 referred to as the DB9 Volante. Around the same time, Aston Martin re-entered the world of motor racing, creating the Aston Martin Racing division of Aston Martin.
In 2007, during a financially difficult time for American automobile companies, Ford sold their ownership of Aston Martin to a group of investors, led by David Richards. Even though Ford no longer retained ownership of Aston Martin, they remained a shareholder with a stake in Aston Martin valued at 70 million US dollars. The ownership expanded Aston Martin’s market in China, Australia, and parts of Europe.
Aston Martin continues to produce luxury vehicles and sports performance cars. Their current models include the V8 Vantage, the V8 Vantage Roadster, the V12 Vantage, DB9, Vanquish, Rapide, and the Aston Martin V12 Zagato. Other than producing vehicles, Aston Martin recently reached an agreement with Mercedes to supply them with engines for their next generation of vehicles. Through many changes in ownership, Aston Martin is still a respected name in the production of quality cars and continues to surpass standards in timeless luxury.
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