Savvy Cafe: Autos

You are here: Ford Sells Astin Martin | Auto News & Features, Car Information | Savvy Cafe


Mar 12 2007

Ford Sells Astin Martin

Published by Jennifer at 4:05 pm under Ford, Sports Cars

Ford just sold Astin Martin to a consortium led by David Richards (founder of ProDrive), Aston Martin collector John Sinders, and two investment companies: Investment Dar and Adeem Investment Co.

They sold Astin Martin for $925 million, and Ford will retain a $77 million stake in the car maker, meaning Ford will actually get $848 million from the sale.

Ford seemed happy about the deal in their press release, saying that Astin Martin is better off with a company that can put more capital into it.

Related posts:

  1. Where To Buy Antique Ford Cars
  2. The World’s Most Famous Sports Car
  3. The World of Antique Ford Trucks
  4. C&G Is The Answer For Antique Ford Car Parts
  5. Finding Quality Ford Car Parts Online

Delicious Digg Google
Give us your rating of this article below!
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

No responses yet

Trackback URI | Comments RSS

Leave a Reply