Aston Martin

[number77]

Are you guys aware that Ford sold off a good amount of Aston Martin to Louis Vuitton?

[komotar]

Are you guys aware that Ford sold off a good amount of Aston Martin to Louis Vuitton?

wtf?
:lol:
source?

[Ghostbat]

Are you guys aware that Ford sold off a good amount of Aston Martin to Louis Vuitton?

wtf?
:lol:
source?

They changed the link so try this.

http://www.marketwatch.com/news/story/lvmh-buy-fords-aston-martin/story.aspx?guid=%7BE792CA6C%2DC6EF%2D4376%2DB43D%2 D3CC8FF05C9B3%7D

Else try this and search for "LVMH Aston Martin". That works..

http://www.marketwatch.com/

[komotar]

link don't work

[Mattk]

^I think they want Louis Vuitton to make the leather. :P

I hadn't heard of this anywhere, until today, so this is really news to me. This is interesting. Perhaps Ford didn't see a future with Aston Martin? Maybe they wanted spare cash?

[Fleischmann]

Well, there was news about it last year, but I haven't heard any new info about the issue. Isn't AM making money for Ford? Why do they sell it anyway?

Because they are broke and in need of a quich cash injection. They could either sell Jaguar or Aston Martin, and seeing as though Jag shares certain components with Mondeos and Range Rovers it would be much easier to part ways with Aston Martin.

[Stoopie]

LOL I can see some rappers being happy with this

[Feffman]

Try this link:

http://www.leftlanenews.com/2007/02/01/louis-vuitton-to-acquire-aston-martin/

Mark "Feff" Pfeffer
www.MVPTrackTime.com

[Stoopie]

http://static.flickr.com/68/161576011_726d0c8537_m.jpg
http://static.flickr.com/22/30402094_1a4e607259_m.jpg

Perhaps we can see this on AM's soon?

[Z3uS]

Now they are gonna make Aston Martin purces...

[ivanebarrerav25]

the lamborghini versace edition has some real competition now

[Mers]

http://en.wikipedia.org/wiki/List_of_billionaires_%282006%29

Check out #7


Louis Vuitton is the biggest Luxury items company in the world. They own multiple vineyards, a heapload of Luxury brands, etc.. etc..

This will be the best thing that ever happened to aston

[Mers]

LVMH's brands include:

Automobiles
Aston Martin
Wines and Spirits
10 Cane Rum
Cape Mentelle
Chandon Estates
Château d'Yquem
Cloudy Bay
Hennessy
Krug
Mercier
Moët et Chandon (including Dom Pérignon)
MountAdam
Newton
Ruinart
Veuve Clicquot
The Glenmorangie Company.
Watches and Jewellery
Chaumet
Dior Watches
FRED
OMAS
TAG Heuer
Zenith International S.A.
(and license agreements with Zodiac Watches)
Fashion and leather goods
Berluti
Celine
Donna Karan
eLUXURY
Emilio Pucci
Valentino
Fendi
Givenchy
Kenzo
Loewe
Louis Vuitton
Marc Jacobs
StefanoBi
Thomas Pink
Retailing
DFS
La Samaritaine
Le Bon Marché
Starboard Cruise Services
Sephora
Perfume
Acqua di Parma
BeneFit Cosmetics
Fresh
Guerlain
Kenzo Parfums
Laflachère
Valentino Fragrances
Make Up For Ever
Parfums Christian Dior
Parfums Givenchy
Perfumes Loewe
Other Activities
La Tribune


That's an enourmous company, right there...

[Mattk]

Wow! I never knew Loius Vuitton owned all that stuff. Interesting. Certainly, this can be seen as a positive for Aston Martin.

[silentm]

let's hope something good will come off this !

[nejcdolinsek]

My god what a joke. What does a handbag/alochol/fashion company know about the automobile industry?? I can't believe they went through with this deal.

I'm just counting down the days when AM will launch a "Special Edition" DB9/AMV8 with those vulgar LV signs all over the interior. :(

[abbor]

My god what a joke. What does a handbag/alochol/fashion company know about the automobile industry?? I can't believe they went through with this deal.

I'm just counting down the days when AM will launch a "Special Edition" DB9/AMV8 with those vulgar LV signs all over the interior. :(

I don't think they would involve themselves in that way... They're not making that much money being stupid, and of course it's gonna be the same people managing am as in the past years, continuing making nice cars...

[nejcdolinsek]

My god what a joke. What does a handbag/alochol/fashion company know about the automobile industry?? I can't believe they went through with this deal.

I'm just counting down the days when AM will launch a "Special Edition" DB9/AMV8 with those vulgar LV signs all over the interior. :(

I don't think they would involve themselves in that way... They're not making that much money being stupid, and of course it's gonna be the same people managing am as in the past years, continuing making nice cars...

Yes, I'm sure the current management will run AM, but the final word will always rest with LVMH.

NEWS FLASH!: http://www.sports.autoblog.com/2007/02/02/motor-trend-aston-martin-sold-but-maybe-not-to-lvmh/

[yg60m]

It's rubbish said LMVH :

http://www.autocarmagazine.co.uk/News/NewsArticle/AllCars/224072/

[Shinigami]

My god what a joke. What does a handbag/alochol/fashion company know about the automobile industry??
I'd say most automobile companies themselves don't know anything about the automobile industry either. Just look around at all the sh1t that's churned out by the likes of Ford and GM ;)

Having said that, they seem to be doing pretty well in a large variety of other sectors, so who knows, maybe they'll apply some of their succesful management of other luxury marques to Aston Martin as well.

[silentm]

It's rubbish said LMVH :

http://www.autocarmagazine.co.uk/News/NewsArticle/AllCars/224072/

Well - LMVH was a good buyer anyway... :?

who knows? they could have screwed up badly too... but speculating about this is rather useless. i'm looking forward to what will happen to AM

[deuces]

is there any word on what other companies are looking to buy aston?

[LEXION]

Despite rumors to the contrary, French luxury brand LVMH isn’t buying Aston Martin from Ford.

So says UK publication Autocar, who says that a spokesman for the Louis Vuitton parent company dismissed the rumor as “absolute rubbish.” LVMH is the parent company for everything from the aforementioned upscale handbag maker to TAG Heuer watches and Glenmorangie scotch.

From http://news.windingroad.com/earningsfinancials/no-aston-martin-louis-vuitton-editions-forthcoming/

so no future Astons with handbags instead of seats or something :D ...i wonder how these rumors go so much...

[Enzofan]

YouTube

My new video about Aston Martin DB2/4 in Poland :) 8)