Which company owns Aston Martin?
1 Answers
Aston Martin was previously a subsidiary of Ford Motor Company. In 2017, Ford sold it to a joint venture consisting of Kuwait's Adeem Investment, Investment Dar, and British businessman John Sinders. Additional information about Ford is as follows: Ford's Development History: 1. On June 4, 1896, Henry Ford drove his first automobile—a quadricycle consisting of a handcart frame mounted on four bicycle wheels—down the streets of Detroit. 2. On June 16, 1903, Henry Ford and 11 initial investors signed the company's founding documents. This was Henry Ford's third attempt to establish an automobile manufacturing business. 3. On October 7, 1913, the automotive assembly line was created. The first moving assembly line was set up at Highland Park, nearly increasing assembly speed by eightfold. Ultimately, a Model T rolled off the production line every 10 seconds during each workday.