Ford Sells Aston Martin for $925 Million

14 March 2007

Ford sold Aston Martin for $925 million, while keeping $77 million
worth of shares in it.

Ford sold the brand to a group comprised of Kuwaiti investors, the
head of Prodrive (David Richards), and John Sinders (a collector).

Ulrich Bez will remain the CEO.

Aston Martin will also be introducing two new vehicles, the 4-door
Rapide, and the DBX (of which nothing is really known).

CK

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