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Louis Vuitton Rumored to be Aston Martin’s New Owner

Agent009 submitted on 2/2/2007 Official Bell & Ross Timestamp: 11:07:09 AM

8 user comments | Category: Spy Shots | Source: | SOURCE: www.motorauthority.com

New details are starting to emerge about Aston Martin’s new owner.

Now that all bids for the legendary British marque are in, latest rumors suggest a consortium involving Paris-based luxury goods multinational LVMH has placed the top bid. The news comes from German publication Autobild, however, the source has been known for being wrong as many times as it has been right. Jalopnik has mentioned that Autobild’s final report will come out tomorrow, so we should have more information then. It was previously reported that two European billionaires, including the boss of LVMH, France’s richest man Bernard Arnault, and Belgian investor Albert Frère had Aston Martin near the top of a list of companies they were interested in investing in.



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Louis Vuitton Rumored to be Aston Martin’s New Owner

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Agent009

"If everything seems under control, you're just not going fast enough."

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User Comments

indifferent

haha the French own the British icon...

thats irony at its best

— indifferent (View Profile)

Posted on 2/2/2007 1:10:02 PM | reply to this comment | Votes: -1   

CarFreak

Hopefully a purveyor of luxury goods can return it to it's legendary level

— CarFreak (View Profile)

Posted on 2/2/2007 3:03:06 PM | reply to this comment | Votes: 0   

Carboy

It sucks why Aston Martin had to be owned by a french guy.

— Carboy (View Profile)

Posted on 2/2/2007 3:20:35 PM | reply to this comment | Votes: -1   

quizz

Most importantly, will Aston Martin retain it's improved reliability, or will it return to its "worse than Lotus and Land Rover" history of repairs and ill-fitting parts?

Ford's uniform parts sharing system helped bring Aston up to speed in terms of reliability. Will that remain intact?

— quizz (View Profile)

Posted on 2/2/2007 6:12:07 PM | reply to this comment | Votes: 1   

jt716

Thats right quizz! Aston Martin was highly reliable under Ford..but no ppl used to think its horrible that Ford owns Aston. Now lets see I mean Ford spent Millions to get it up to par

— jt716 (View Profile)

Posted on 2/2/2007 9:10:28 PM | reply to this comment | Votes: 0   

ElSparquito

So LVMH knows how to build cars - not just hi dollar purses...interesting.

— ElSparquito (View Profile)

Posted on 2/4/2007 10:27:54 AM | reply to this comment | Votes: 2   

huu76

Well, you can rest assured the French will find a way to ruin AM. Free w/ every car, a new handbag. LV's new fragrance, "new car smell".

— huu76 (View Profile)

Posted on 2/4/2007 12:26:46 PM | reply to this comment | Votes: 2   

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