Aston Martin

Aston Martin Lagonda Limited is a British manufacturer of luxury cars whose headquarters are at Gaydon, Warwickshire, England. The company name was derived from the Aston Clinton hill climb and one of the company's founders, Lionel Martin. more...

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Since 1994 Aston Martin has been part of the Premier Automotive Group division of Ford Motor Company, though Ford announced in August 2006 that it was considering selling the firm.

History

Foundation

Aston Martin was founded in 1913 by Lionel Martin and Robert Bamford. The two had joined forces as Bamford & Martin the previous year to sell cars made by Singer from premises in Callow Street, London. Martin raced specials at the Aston Hill near Aston Clinton, and the pair decided to make their own vehicles. The first car to be named Aston Martin was created by Martin by fitting a four-cylinder Coventry-Simplex engine to the chassis of a 1908 Isotta-Fraschini. They acquired premises at Henniker Place in Kensington and produced their first car in March 1915. Production could not start because of World War I and Martin joined the Admiralty and Bamford the Royal Army Service Corps. All machinery was sold to the Sopwith Aviation Company

Inter war years

After the war hiatus, the company was refounded at Abingdon Road, Kensington and a new car designed which would carry the Aston-Martin name. Bamford left in 1920 and the company was revitalised with funding from Count Louis Zborowski. In 1922, Bamford & Martin produced cars to compete in the French Grand Prix, and the cars set world speed and endurance records at Brooklands. The company went bankrupt in 1924 and was bought by Lady Charnwood who put her son John Benson on the board. The company failed again in 1925 and the factory closed in 1926 with Lionel Martin leaving.

Later that year, a number of rich investors, including Lady Charnwood, took control of the company and renamed it Aston Martin Motors, and moved the firm to the former Citroën plant in Feltham. John Benson brought in Augusto Bertelli as designer. The 1929 Aston Martin International was another successful racer and was followed by the Le Mans and the Ulster. Financial problems reappeared in 1932 and the company was rescued by L Prideaux Brune who funded it for the following year before passing the company on to Sir Arthur Sutherland. In 1936, the company decided to concentrate on road cars. Car production had always been on a small scale and from the company's founding until the advent of World War II halted work only about 700 had been made. During the war years aircraft components were made.

The David Brown era

In 1947, David Brown Limited bought the company under the leadership of managing director Sir David Brown — its "post-war saviour". David Brown also acquired Lagonda that year, and both companies shared resources and workshops. In 1955, David Brown bought the Tickford coachbuilding company and its site at Tickford Street in Newport Pagnell, and that was the beginning of the classic series of cars bearing the initials "DB". In 1950, the company announced the DB2, followed by the racing DB3 in 1957 and the Italian-styled 3.7 L DB4 in 1958. All the cars established a good racing pedigree for the firm, but the DB4 was the key to establishing the company's reputation — which was cemented with the famous DB5 in 1963. The company continued developing the "grand touring" style with the DB6 (1965–70), the DBS, and the DBS V8 (1967–72).

Read more at Wikipedia.org