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    Mar 12, 2007 2:01:29 PM

    zzbobaA
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    zzboba
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    Prodrive buys Aston Martin

    David Richards' Prodrive, backed up by Investment KSC from Kuwait, buys 85% of Aston Martin for 660 million Euro , 15% remain with Ford.

    Source SPIEGEL.de (german language)

    Mar 12, 2007 2:19:43 PM

    Crash
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    Reply to: zzbobaA

    Re: Prodrive buys Aston Martin

    Quote:
    zzboba said:
    David Richards Prodrive, backed up by Investment KSC from Kuwait, buys 85% of Aston Martin for 660 million Euro , 15% remain with Ford.

    Source SPIEGEL.de (german language)



    So the speculation was true.

    Mar 12, 2007 2:58:10 PM

    jamesaug
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    jamesaug
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    Reply to: Crash

    Re: Prodrive buys Aston Martin

    I'm sure I read earlier this month that Lousi Vitton bought AM...was that a load of Cra p?

    Mar 12, 2007 3:15:23 PM

    Crash
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    Crash
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    Reply to: jamesaug

    Re: Prodrive buys Aston Martin

    Quote:
    jamesaug said:
    I'm sure I read earlier this month that Lousi Vitton bought AM...was that a load of Cra p?



    From what I understand Ford widhed for someone who actually knew something about cars to own AM. At least that's what was said here.

    Mar 12, 2007 3:28:06 PM

    Ron (Houston)M
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    Ron (Houston)
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    Reply to: zzbobaA

    Re: Prodrive buys Aston Martin

    I think this is the best thing could happen to Aston.

    Mar 12, 2007 3:44:00 PM

    GnilM
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    Gnil
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    Reply to: Ron (Houston)M

    Re: Prodrive buys Aston Martin

    That sounds much better then the Louis Vuiton rumour... at least it gives hope that AM will be a real sports car..

    Mar 12, 2007 3:58:32 PM

    MKW
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    Reply to: GnilM

    Re: Prodrive buys Aston Martin

    Good Luck to David , but I hope he doesn't end up the way Tom Walkinshaw ended up - their paths sound eerily similar so far.

    Mar 12, 2007 4:07:23 PM

    Friscorays
    Junior
    Friscorays
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    Reply to: Ron (Houston)M

    Re: Prodrive buys Aston Martin

    "I think this is the best thing could happen to Aston."

    I agree with you Ron. I think Aston's future looks quite bright.

    Mar 12, 2007 8:14:11 PM

    dreamcar
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    dreamcar
    Loc: Hampshire , United Kingdom
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    Reply to: zzbobaA

    Re: Prodrive buys Aston Martin

    Great news. We Brits may have lost TVR but we've got Aston Martin back

    Mar 12, 2007 8:18:47 PM

    connoisseur
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    Reply to: dreamcar

    Re: Prodrive buys Aston Martin

    According to today's Wall Street Journal, David Richards is involved by Prodrive is not.

    Mar 12, 2007 10:53:51 PM

    911fan
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    911fan
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    Reply to: connoisseur

    Re: Prodrive buys Aston Martin

    This is great news!

    Mar 13, 2007 1:08:50 AM

    Byron
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    Byron
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    Reply to: 911fan

    Re: Prodrive buys Aston Martin

    Quote:
    911fan said:
    This is great news!



    Let's hope so!

    Mar 13, 2007 2:24:57 AM

    bondmid003
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    bondmid003
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    Reply to: Byron

    Re: Prodrive buys Aston Martin

    I'm kind of sad for Ford, Aston was the jewel in a crown that has lost some luster over the last couple years

    Mar 13, 2007 7:53:54 AM

    temm
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    temm
    Loc: Oslo , Norway
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    Reply to: bondmid003

    Re: Prodrive buys Aston Martin

    Good news :

    Quote:
    Dr Ulrich Bez, the key player in Aston's recent success under Ford, will stay on as chief executive. The four-door Rapide will go into production before the end of the decade



    The whole article:
    http://www.channel4.com/4car/news/news-story.jsp?news_id=15905

    Mar 13, 2007 4:25:03 PM

    MKW
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    MKW
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    Reply to: temm

    Re: Prodrive buys Aston Martin

    I suspect Ford was arm twisted to keep a 15 % stake so that the new entity can continue to " borrow " Ford's technology , testing, parts , etc as needed to remain competitive with regard to safety , emissions and other regs which vary so much by region. .

    Mar 14, 2007 5:37:50 AM

    WBH
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    Reply to: MKW

    Re: Prodrive buys Aston Martin

    Quote:
    MKW said:
    I suspect Ford was arm twisted to keep a 15 % stake so that the new entity can continue to " borrow " Ford's technology , testing, parts , etc as needed to remain competitive with regard to safety , emissions and other regs which vary so much by region. .



    Great, a $150K+ AM w/that vaunted Ford safety technology....w/the legendary safety histories of the Pinto, Explorer, and Crown Vic/Linc Town Car and all those "competent" Ford engineers/execs who signed off on those "safe" products, AM's about as safety-focused/competent as F is w/its vaunted Fiat safety engineering infrastruc....

    Prob smarter/cheaper to get a new 599 (even at US secondary mkt prices), rather than a lame AM, for when one's driving mood favors high risk/reward in auto safety vs perf/feel/image/utility.....

    Mar 14, 2007 3:35:59 PM

    MKW
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    MKW
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    Reply to: WBH

    Re: Prodrive buys Aston Martin

    Quote:
    VKSF said:
    Quote:
    MKW said:
    I suspect Ford was arm twisted to keep a 15 % stake so that the new entity can continue to " borrow " Ford's technology , testing, parts , etc as needed to remain competitive with regard to safety , emissions and other regs which vary so much by region. .



    Great, a $150K+ AM w/that vaunted Ford safety technology....w/the legendary safety histories of the Pinto, Explorer, and Crown Vic/Linc Town Car and all those "competent" Ford engineers/execs who signed off on those "safe" products, AM's about as safety-focused/competent as F is w/its vaunted Fiat safety engineering infrastruc....

    Prob smarter/cheaper to get a new 599 (even at US secondary mkt prices), rather than a lame AM, for when one's driving mood favors high risk/reward in auto safety vs perf/feel/image/utility.....



    So one should trust FIAT for safety vs Ford ?Actually Volvo supplies Ford it's advanced safety technolgy , such as the first rollover stabilty system for SUVs using active sway bars , which are just now going into other brands such as new '07 X5 , new '08 Cayenne but only if you order it with PDCC active roll bars but some like MBZ GL and ML and R class still don't have it ... it's buyers don't know that and probably don't care but I do !. Friend's very young child died recently when their " vaunted Japanese brand " SUV , with std yaw control,rolled over when a guy weaving in freeway traffic flipped over center barrier into their lane head on with no warning and they swerved .

    Mar 14, 2007 9:04:32 PM

    Friscorays
    Junior
    Friscorays
    Loc: TX
    Posts: 148, Gallery
    Registered on: Jun 20, 2005
    Reply to: WBH

    Re: Prodrive buys Aston Martin

    Quote:
    VKSF said:
    Great, a $150K+ AM w/that vaunted Ford safety technology....w/the legendary safety histories of the Pinto, Explorer, and Crown Vic/Linc Town Car and all those "competent" Ford engineers/execs who signed off on those "safe" products, AM's about as safety-focused/competent as F is w/its vaunted Fiat safety engineering infrastruc....

    Prob smarter/cheaper to get a new 599 (even at US secondary mkt prices), rather than a lame AM, for when one's driving mood favors high risk/reward in auto safety vs perf/feel/image/utility.....



    As MKW stated, Volvo was extensively consulted when engineering safety features in the design of the DB9 and V8 Vantage. I feel quite safe in my V8. Do you have any actual proof that New Era Astons are unsafe? If so, I would appreciate it if you would share. My life could depend on it!
     
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