Aston Martin is SOLD!!....... - BMW M5 Forum and M6 Forums
Aston Martin Rapide Forum | rapideboard.com For the upcoming BMW M5 competitor: the four-door Aston Martin Rapide. Only unveiled as a concept car, but will be launched in 2007. rapideboard.com

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post #1 of 21 Old 3rd September 2006, 10:06 PM Thread Starter
DRM
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Aston Martin is SOLD!!.......

Subject to getting it done by year-end (a requirement of Ford), the buyer is French conglomrate LVMH (Louis Vittoun). There are several suitors (MBZ, BMW, Toyota, Hyundai); but a very knowledgable inside source says it's a "done deal" with LVMH. Don't ask me how I have this info; I can't tell you.

I'm relieved it isn't BMW. After what he did to BMW design, I can't imagine how badly Chris Bangle would destroy AM. Makes me sick to my stomach just to think about it.

Anyway, if true and it actually gets done, I suspect AM will remain a great brand and be well supported by LVMH. No car experience there; but top prestige and vast resources. 'Could be interesting.

Dan
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Last edited by DRM; 3rd September 2006 at 11:04 PM. Reason: Clearer title
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post #2 of 21 Old 3rd September 2006, 11:07 PM
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Very interesting!!! thanks for sharing your info.. Luis Vuitton have a good sense of brand value and are a nice company (the whole of LVMH). sounds still weird but I guess they see lots of business sense in that move



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post #3 of 21 Old 4th September 2006, 04:58 PM
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Quote:
Originally Posted by drm64099

I'm relieved it isn't BMW. After what he did to BMW design, I can't imagine how badly Chris Bangle would destroy AM. Makes me sick to my stomach just to think about it.
Why would you have had any reason to believe Bangle would have any input into AM if BMW bought it. He doesn't have any input into Mini. Nor did he effect any design influences on Rover when it was under BMW control.

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post #4 of 21 Old 4th September 2006, 07:37 PM
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Quote:
Originally Posted by drm64099
After what he did to BMW design, I can't imagine how badly Chris Bangle would destroy AM.
I think one of AM's selling points is it's superb styling. Love it

So how soon until the final deal takes place do you reckon?

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post #5 of 21 Old 4th September 2006, 07:41 PM Thread Starter
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Thumbs down

Quote:
Originally Posted by Zipmeister
I think one of AM's selling points is it's superb styling. Love it

So how soon until the final deal takes place do you reckon?
All I know is the deal is agreed to and it's incumbent on LVMH to close by year end. So, we'll see.

Dan
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post #6 of 21 Old 7th September 2006, 08:28 AM
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post #7 of 21 Old 17th September 2006, 10:11 AM
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Good morning.
Im a Driveline development Engineer who spent several years working for Aston Martin on DB7 Vantage, Prototype Vanquish & V600 Le Mans.

I can say with reasonable confidence, that this aquisition, though big news in the paparazzi, has not been confirmed to me by any of my Engineering collegues working at the Gaydon site,

If proven to be true however, will be a disaster waiting to happen in the future.

I can confirm that of those private parties who are interested in AML , only one is an Automotive venture capitolist, who has just finished wrecking another British sports car manufacturer.
The other interested parties are agriculture & heavy construction vehicle based.

Farrell

Last edited by farrell; 17th September 2006 at 10:19 AM.
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post #8 of 21 Old 17th September 2006, 10:21 AM Thread Starter
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Geez......

Quote:
Originally Posted by farrell
Good morning.
Im a driveline Engineer who spent several years working for Aston Martin on DB7 Vantage, Prototype Vanquish & V600 Le Mans.

I can say with reasonable confidence, that this aquisition, which has not been confirmed to me by any of my Engineering collegues working at the Gaydon site, will be a disaster waiting to happen in the future.

I can confirm that of those parties who are interested in AML , only one is an Automotive venture capitolist, who has just finished wrecking another British sports car manufacturer.
The other interested parties are agriculture & heavy construction vehicle based.

Farrell
That would be a crying shame. However, my understanding is the current Chairman/CEO of AM is putting together this deal to buy from Ford; with the financial backing of LVMH. I'm crossing my fingers that it gets done and AM stays in the mgmt hands it's been in. It's just such a fine, fine car and I don't want to see it fu*ked up.

Dan
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post #9 of 21 Old 17th September 2006, 10:54 AM
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I agree 100% with your final statement.
I know that AML still rely heavily on the expertise of the Premier Automotive Group.
The Engineering centre resource resident at Gaydon is stronger than it has ever been..but the far reaching global resource that is Ford will be hard to replace.

There are many in the market place who like to tinker (read meddle)
Very few had the might & foresight of FoMoCo through Jac Nasser 's past dedication to give us the AML we have now.

I fear for the future of AML.

Have a good evening.

Farrell
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post #10 of 21 Old 18th September 2006, 11:24 AM
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A bird whispered to me that BMW are still intrested in buying A.M. This isnt over yet.

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BMW and Porsche - can't get enough of them
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