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Ford won’t control cars for Bond, James Bond
Published Monday, March 12, 2007
DETROIT (AP) - Cash-strapped Ford Motor Co. has sold a controlling stake in the Aston Martin brand, made famous by its exotic sports cars appearing in James Bond movies, raising $848 million to help fund its turnaround plan. Aston Martin now will be run by a consortium of investors, including racing mogul David Richards, car collector John Sinders and Kuwaiti firms of Investment Dar and Adeem Investment Co. Ford officials announced the sale today at Aston Martin’s headquarters in Gaydon, England. Ford will retain a $77 million stake in the company. The DB9 and V8 Vantage models are made at Gaydon, and later this year a DBS model will go into production at the Warwickshire plant, where 1,600 staff are employed. Actor Daniel Craig drove the DBS in "Casino Royale," and the first 007 - Sean Connery - drove an Aston Martin DB5 in the 1964 Bond movie "Goldfinger." Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Copyright © 2007 The Columbia Daily Tribune. All Rights Reserved.
The Columbia Daily Tribune
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