The Aston Martin Lagonda Limited is a British manufacturer of luxury sports cars and Grand tourers. Founded in 1913 by Lionel Martin and Robert Bamford. The company associated with luxurious grand touring cars in the 1950s and 1960s, as well as the fictional character James Bond after using the model DB5 1964 movie Goldfinger.
The company had a turbulent economic history, including bankruptcy in the 1970s, but has also experienced long periods of success and stability, including under the ownership of David Brown, 1947-1972 and the Ford Motor Company 1994-2007.
In March 2007, a consortium of investors led by Prodrive David Richards boss bought 90% of Aston Martin for £ 479 million with Ford maintains share £ 40.000.000. He became chairman David Richards of Aston Martin. In December 2012, Italian private equity firm Investindustrial private funds signed an agreement to buy 37.5% of the Aston Martin, investing £ 150 million in the capital increase.
Aston Martin was founded in 1913 by Lionel Martin and Robert Bamford. The 2 had joined forces as Bamford & Martin the previous year to sell cars made by Singer from premises in Callow Street, London where serviced GWK and Calthorpe vehicles. Martin raced specials at the Aston Hill near Aston Clinton, and the pair decided to make their own autos. The 1st car to be named Aston Martin was created by Martin by fitting a four-cylinder Coventry-Simplex engine to the chassis of the 1908 Zone-Fraschini.
After the war the company was refounded at Abingdon Road, Kensington and car designed to carry name Aston-Martin. Bamford left in 1920 and the company was revitalized with funding from Count Louis Zborowski. In 1922, Bamford & Martin produced cars to compete in the French Grand Prix, which went to entries in September world speed and endurance at Brooklands. Three works Team Cars with 16-valve engines with two camshafts were built for racing and record breaking: chassis number 1914, later developed as Green Pea; chassis number 1915, the historic car razor; and chassis number 1916, later developed as Halford Special.
It was about 55 cars built for sale in two configurations, long chassis and the short chassis. The company bankrupt in 1924 and was bought by Lady Charnwood, who put her son John Benson on board. The company failed again in 1925 and the factory closed in 1926 by Lionel Martin leaving.
Later that year, Bill Renwick, August (Bert) Bertelli and investors include Lady Charnwood What took control of the company. The renamed Aston Martin Motors, and moved it to the former Whitehead Aircraft Limited works in Feltham. The Renwick and Bertelli had been in partnership some years and had developed an overhead cam four-cylinder engine with patented combustion chamber design Renwick, which had experienced a chassis Enfield Allday. The only «Renwick and Bertelli” car engine did, he was known as «BuzzBox» and still survives.
1947 tractor manufacturer David Brown Limited bought the company under the leadership of the chief executive Sir David Brown-the “post-war savior”. The company also acquired the Lagonda that year for STI 2.6-liter WO Bentley designed engine. Both companies shared resources and workshops, which creates the classic “series DB» cars. In 1950, the company announced the DB2, followed by the DB2 / 4 in 1953, the DB2 / 4 MkII in 1955, the DB Mark III 1957 Italian style 3,7 L yV4 1958. The Aston Martin often financially troubled company. In 1972, the company was sold to the company developments, a Birmingham-based consortium, chaired by the William Wilson, MBE.
The company was resold in 1975 from the receiver following a further bankruptcy North American businessmen Peter Sprague and George Minden for £ 1.050.000. A successful turn-around strategy led to the recruitment of 360 new staff and, since 1977, the trading profit of £ 750.000. The new owners pushed the company into modernizing STI line, producing the V8 Vantage in 1977, convertible Volante in 1978, and one-off William Towns-style Bulldog in 1980. Towns also styled the futuristic new sedan Lagonda, based on the V8 model.
The 1980 Aston-Martin tried to buy MG, plans to design a new model and offering their take on an updated 1981 MGB model. The acquisition was never developed as the company was hit hard by the economic contraction in the early 1980’s global sales fell to three cars a week, leading the president Alan Curtis, Sprague, and Minden should be considered closing production focus on service and restoration. At this point Curtis attended 1980 Pace sponsored Stirling Moss benefit day at Brands Hatch, and the met-fellow Farnham resident Victor Gauntlett.
In October 2004, the set-up company the exclusive 12,500 square meters (135,000 square feet) AMEP engine manufacturing plant within the Niehl in Germany, Cologne factory. With the capacity to produce up to 5,000 engines in year by 100 specially trained personnel as traditional Aston Martin engine production from Newport Pagnell, assembly each unit is assigned to a single technician from a total of 30, with V8 and V12 variants are assembled in within 20 hours.
Bringing production back in the machine within the company, the promise was that the Aston Martin will be reliable for producing small series of variations higher performance engines. This increased engine capacity allowed in 2006, the V8 Vantage sports car to go into production at Gaydon factory, joining the Aston Martin DB9 and Aston Martin DB9 Volante.
In December 2003 the Aston Martin announced it would return to racing engine in 2005 created a new division called Aston Martin Racing, which became more responsible, together with Prodrive, for design, development and management of Aston Martin DBR9 program . The Aston Martin DBR9 competes in the GT class in sports car races, including world-famous 24 Hours of Le Mans.
In 2006, an internal audit led Ford to consider separated from parts of the Premier Automotive Group. After the suggestions of selling Jaguar Cars, the Land Rover, or Volvo Cars weighed, Ford announced in August 2006, was involved UBS AG to sell all or part of Aston Martin to auction.
The 2013 Aston Martin signed an agreement with Daimler AG to supply new generation of Mercedes-AMG for the next generation line up. The Daimler AG now holds 5% of the Aston Martin. Also, the Mercedes-AMG will supply the Aston Martin with electrical systems. This technical cooperation will support the launch of the Aston Martin a new generation of models that will incorporate new technology and V8s.