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Aston & Ford Have (Mostly) Parted; Bez Remains Boss; Rapide Gets Green Light

Filed in archive by Gunnar Heinrich on March 13, 2007

Aston_Martin_Rapide.jpg

Yesterday, Ford announced that Kuwaiti concerns Adeem Investment & Investment Dar (united by ProDrive founder and Vanquish owner David Richards) purchased one of the best makers of GT cars the world has ever known - Aston Martin - for £479 million ($923 million).

Ford has retained 16% of its stake in Aston Martin worth an estimated £40 million ($77 million).

Reassuringly, the mastermind behind Aston's successful turnaround, former porschelinks designer Ulrich Bez (PhD) has promised stay at his chief executive post for another five years.

Better yet, the four-door Maserati fighting Aston Martin Rapide has now received the green light for production.

In total, the future looks bright for one of Britain's best.

[Source: CAR ]


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Permalink: Aston & Ford Have (Mostly) Parted; Bez Remains Boss; Rapide Gets Green Light
Tags: Aston  Martin  Rapide  Ulrich  Bez  Ford  Prodrive  cars  aston+martin 

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