The Aston Martin Lagonda Limited is a British manufacturer of luxury sports cars and Grand Tourer. It was founded in 1913 by Lionel Martin and Robert Bamford. The company was luxurious grand touring cars are connected in the 1950s and 1960s, and with the fictional character James Bond for his use of a Aston Martin DB5 model in the 1964 film Goldfinger. The company has had a checkered history of finance, including in the 1970 bankruptcy, but also enjoyed prolonged success and stability, also owned by David Brown, from 1947 to 1972 and the Ford Motor Company of 1994 by 2007.
In March 2007, a consortium of investors by Prodrive boss David Richards has led bought 90% of the Aston Martin for £ 479 million, with Ford maintenance of a £ 40 million shares. David Richards was Chairman of Aston Martin. In December 2012, the Italian subsidiary Invest has signed an agreement to buy 37.5% of Aston Martin, invest £ 150 million as capital.
Aston Martin was founded in 1913 by Lionel Martin and Robert Bamford. The two had joined forces Bamford & Martin the previous year to cars by Singer from premises in Callow Street, London where they also sell the GWK and Calthorpe vehicles paid services. Martin drove specials at Aston Hill near Aston Clinton, and pair decided to make their own vehicles. The first car to be named by the installation of a four-cylinder Coventry-Simplex engine to the chassis of an Isotta Fraschini-1908 Aston Martin was created by Martin.
After the war the company was developed in Abingdon Road Kensington and a new car to carry the Aston Martin name newly established. Bamford left in 1920, the company was revitalized with funding from Count Louis Zborowski. 1922 Bamford & Martin produced cars in the French Grand Prix, which is set to compete went to world speed and endurance records at Brooklands. Three works Team Cars with 16 valve twin cam engines were for racing and record-breaking year: that develops chassis number 1914 later as the Green Pea; Chassis number 1915, Razor Blade record car and chassis number 1916, later developed as Halford Special.
About 55 cars were on sale in two configurations, long chassis and the short chassis. The company bankrupted in 1924 and was designed by Lady Charnwood, who put her son John Benson on the board have. The company failed again in 1925 and the factory closed in 1926, leaving with Lionel Martin.
Later that year, Bill Renwick, Augustus (Bert) Bertelli and investors, the Lady Charnwood contain took control of the company. They renamed it Aston Martin Motors, and moved it to the former Whitehead Aircraft Limited works in Feltham. Renwick and Bertelli had been several years in partnership and had an overhead-cam four-cylinder engine with Renwick’s patented combustion chamber design, they had developed tested on a Enfield Allday chassis. The only “Renwick and Bertelli ‘motor car made, it became known as” Buzzbox “and still survived.
1947 tractor manufacturer David Brown Ltd. bought the company under the leadership of managing director Sir David Brown-its “post-war savior”. The company also acquired the Lagonda that year for its 2.6-liter engine developed WO Bentley. Both companies shared resources and workshops, give birth to the classic ‘DB’ series of cars. In 1950, the company announced the DB2, followed by the DB2 / 4 in 1953, the DB2 / 4 MkII 1955 DB Mark III in 1957 and the Italian style 3.7 L DB4 1958. The Aston Martin company was financially troubled times. In 1972 the company was sold to company developments, a Birmingham consortium of William Wilson, MBE Chairman.
The company was sold in 1975 by its recipient by another defeat at the North American business Peter Sprague and George Minden for £ 1.05 million. A successful turnaround strategy led to the recruitment of 360 new employees and, after 1977 a trade surplus of 750,000 pounds. The new owners pushed the company into modernizing the line, producing the V8 Vantage in 1977, the convertible Volante in 1978 and the one-off William Towns-style Bulldog 1980 cities style and the futuristic Lagonda saloon, based on V8 model.
In 1980 Aston-Martin MG was looking to buy, plan to design a new model and offer their views on an updated model 1981 MGB. Never developed the takeover, since the company was hit hard by the economic contraction of the early 1980s. Worldwide sales shrank to three cars a week, after which the chairman Alan Curtis, Sprague and Minden to consider to focus the shutdown of production, service and restoration. At this point, Curtis took 1980 Pace sponsored Stirling Moss benefit day at Brands Hatch and met Lands Farnham resident Victor Gauntlett.
In October 2004, the company set up (ft 135,000 sq) the dedicated 12,500 square AMEP engine plant in Germany Ford Niehl, Cologne plant. With a capacity to produce up to 5,000 engines per year to 100 specially trained personnel, such as the traditional Aston Martin engine production of Newport Pagnell, assembly of each unit is responsible for a single technician from a pool of 30, with V8 and V12 variants , mounted in frame 20 hours. Because the engine production back to the company, was the promise that Aston Martin would be able to produce short run high-performance variants engines. This enhanced capacity in 2006 allowed to enter the V8 Vantage sports car, the production at the Gaydon, joining the DB9 and DB9 Volante.
Was announced in December 2003, Aston Martin, created a new department in motor racing back in 2005, called Aston Martin Racing, who was responsible, together with Prodrive, for the design, development and management of the Aston Martin DBR9 program. The Aston Martin DBR9 competes in the GT class in sports car racing, including the world-famous 24 Hours of Le Mans. In 2006, conducted an internal audit Ford to consider the sale of parts of the Premier Automotive Group. After proposals from the sale of Jaguar Cars, Land Rover or Volvo Cars were weighed, Ford has in August 2006, UBS AG had hired to auction all or part of Aston Martin.
In 2013, Aston Martin signed a deal with Daimler AG to supply new Mercedes-AMG power plants for the next generation line-up. Daimler AG now owns 5% of the Aston Martin. Mercedes-AMG also provides Aston Martin with electrical systems. This technical partnership is supported Aston Martin launch of a new generation of models that will take on new technologies and V8 engines.