Brief History

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Aston Martin Brief History

The Aston Martin (Aston Martin Lagonda Limited) is a British luxury automobiles manufacturer which was founded by Lionel Martin and Robert Bamford in 1913. In 1950’s and 1960’s, the company became associated with luxury grand touring-car’s, followed up by the use of a DB5 model in the 1964 movie the James Bond sequel: Goldfinger.

Aston martin

Aston Martin Brief History

The Aston Martin company faced a fluctuation of a financial journey, including bankruptcy in 1970’s, a long financial stability under the ownership of David Brown from 1947-1972, and of the Ford Motor company from 1994 to 2007.
In March 2007, a consortium of investors (led by David Richards) purchased 92 percent of the Aston Martin company which is 479 million euros, with Ford withholding only 40 million euro making David Richards as the official chairman of the Aston Martin company. Recently, in December 2012, an Italian private equity fund Invest industrial signed a deal of purchasing 37.5 percent of the Aston Martin company, investing 150 million euros.

Aston Martin Brief History

The Aston Martin is founded in 1913 by Lionel Martin and Robert Bamford. They previously had joined forces of selling cars which is made by Singer. Martin raced specials at Aston Hill near Aston Clinton, and the pair decided to make their own vehicles. The very first vehicle was named the Aston Martin which is made by Martin by fitting a four-cylinder Coventry-Simplex engine to the chassis of a 1908 Isotta-Fraschini.

They finally acquired their premises to produce cars in March 1915. Unfortunately, the outbreak of World War I makes them unable to produce automobiles. Martin joined the Admiralty and Bamford the Royal Army Service Corps. All machinery was then sold to the Sopwith Aviation Company.

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