Aston Martin moving to France?

It seems that Aston Martin is going to move into France, as two billionaires - Bernard Arnaud and Albert Frère - are going to invest 1 billion euro in order to create a company with the main interest: Aston Martin.

Mr Arnault, 57, is chairman, chief executive and controlling shareholder of LVMH, theParis-based luxury goods multinational that includes Louis Vuitton and Fendi brands. He is France’s richest man.

As the estimated price for the British manufacturer is between 3 and 4 billions euro, the Franco-Belgian partnership will have to include more than the billion euro. So we will have to wait and see what will satisfy the automobile ambitions of the French businessman and the needs for cash for the Ford group.

Source: Aston Martin

EL34 - 10/23/2006 3:15:58 PM

+1 Boost

I guess when I go to the Santa Ana Auto Mall I won't be seeing the Astons at the Jaguar/Land Rover dealer anymore.

I'll walk next door to the BMW dealer.

*cries*

Sauceboy01 - 10/23/2006 9:45:29 PM

+1 Boost

Next thing you know, you'll be buyin an Aston from a Honda Dealership!

Carboy - 10/23/2006 4:33:07 PM

+1 Boost

What the hell, it should stay in Britain, where it supposed to be.

2JZSoarer - 10/24/2006 2:58:55 PM

+1 Boost

Looks like Aston Martin is going to give Venturi a run for it's money!!