Aston Martin Will Be Owned By A Fashion Company?
German car weekly magazine Autobild reported that French luxury goods company LVMH Moet Hennessy Louis Vultton SA is set to purchase the Aston Martin Company from Ford Motor Co. According to the report, Ford will keep 15 percent of the brand. LVMH has been mum. Our take? Check out Motor Trend blog's post on the supposed purchase. Via MarketWatch
Strong competition in the bidding to purchase Aston Martin has pushed the acquisition price above 500 million...