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Ford tells bidders Aston will earn $109 million

Ford tells bidders Aston will earn $109 million

In the week of the release of the most recent James Bond movie Casino Royale, there are reports that Ford sent information to potential buyers regarding the well being of Aston Martin. It stated that Aston is on track to sell 7,000 cars this year and will generate sales of pound;479m (US $912m) and a profit of pound;57m (US $109m). It also states that the Gaydon plant capacity could be expanded to 9,000 vehicles if necessary.

There are concerns within the company that the sale of Aston Martin could mean that vehicle production would move out of the UK, causing the loss of nearly 1,000 jobs. Could they really build an Aston Martin anywhere but the UK If they do, they might have to deal with 007 himself.

[Source: autoindustry.co.uk]


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