Generated by DeepSeek V3.2| Aston Martin Lagonda Global Holdings plc | |
|---|---|
| Name | Aston Martin Lagonda Global Holdings plc |
| Type | Public limited company |
| Traded as | LSE: AML, FTSE 250 component |
| Foundation | 0 1913 (as Bamford & Martin Ltd) |
| Founder | Lionel Martin and Robert Bamford |
| Location | Gaydon, Warwickshire, England, United Kingdom |
| Key people | Lawrence Stroll (Executive Chairman), Amedeo Felisa (Chief Executive Officer) |
| Industry | Automotive industry |
| Products | Luxury vehicles |
| Revenue | ▼ £1.63 billion (2023) |
| Operating income | ▼ £(71.2) million (2023) |
| Net income | ▼ £(240.0) million (2023) |
| Assets | £2.97 billion (2023) |
| Equity | £(42.5) million (2023) |
| Num employees | 2,860 (2023) |
| Homepage | https://www.astonmartin.com |
Aston Martin Lagonda Global Holdings plc is a British manufacturer of luxury grand tourers and sports cars, renowned for its long-standing association with high performance and bespoke craftsmanship. Headquartered in Gaydon, Warwickshire, the company's vehicles are celebrated icons in popular culture, notably through the James Bond film series. It is publicly traded on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The company was founded in 1913 by Lionel Martin and Robert Bamford as Bamford & Martin Ltd, adopting the Aston Martin name after Martin's success at the Aston Hill hillclimb. After passing through the hands of several owners, including Sir David Brown who acquired it in 1947 and gave his initials to the iconic DB series, the company faced repeated financial challenges. A significant chapter began in 1987 when Ford Motor Company purchased a controlling stake, leading to a period of stability and investment. Following Ford's divestment, a consortium led by Prodrive chairman David Richards purchased the firm in 2007. After a period as a private company, it underwent an initial public offering on the London Stock Exchange in 2018.
The group operates through its core automotive manufacturing division, Aston Martin Lagonda Ltd, which designs, engineers, and produces vehicles at its headquarters in Gaydon, Warwickshire and its engine plant in Köln-Merkenich, Germany, established during the Ford Motor Company era. A dedicated Formula One team, the Aston Martin F1 Team, operates from a facility in Silverstone. The corporate structure has been significantly influenced by major strategic shareholders, including the Yew Tree Consortium led by Lawrence Stroll and investments from Geely and the Public Investment Fund of Saudi Arabia.
The company's financial history has been marked by volatility, with profitability proving elusive for much of its modern existence. Following its 2018 initial public offering, it reported substantial losses, leading to multiple capital raises to strengthen its balance sheet. In 2020, a major rescue financing was provided by the consortium led by Lawrence Stroll, which included an investment from the Mercedes-Benz Group. Subsequent investments from Geely and the Public Investment Fund have provided further capital. The company's financial results are closely watched on the London Stock Exchange, with revenue heavily dependent on the successful launch of new models like the DB12 and the upcoming Valhalla.
The company's portfolio is centered on high-performance front-engined grand tourers and mid-engined supercars. Its core model lines include the DB series, such as the contemporary DB12, and the Vantage sports car. The flagship DBS represents the pinnacle of front-engined performance. The mid-engined range includes the Valhalla hypercar and the limited-production Valkyrie, developed in collaboration with Red Bull Racing. Historically significant models include the DB5, immortalized by James Bond, and the Lagonda saloon.
The company has a storied history in motorsport, including an outright victory at the 24 Hours of Le Mans in 1959 with the Aston Martin DBR1 driven by Carroll Shelby and Roy Salvadori. In the modern era, its most significant commitment is the Aston Martin F1 Team, which re-entered the Formula One World Championship in 2021 under the ownership of Lawrence Stroll. The team, based at Silverstone Circuit, competes with drivers like Fernando Alonso and uses Mercedes AMG High Performance Powertrains engines. The company also competes in the FIA World Endurance Championship with a factory Hypercar program.
Executive leadership is led by Executive Chairman Lawrence Stroll, whose Yew Tree Consortium orchestrated a major strategic investment in 2020. The Chief Executive Officer is former Ferrari CEO Amedeo Felisa, appointed in 2022. Major shareholders include Stroll's consortium, the Chinese automotive group Geely, and the sovereign wealth fund the Public Investment Fund of Saudi Arabia. The Mercedes-Benz Group also retains a minority stake as a strategic technology partner, supplying hybrid and electric powertrains.
Category:Companies listed on the London Stock Exchange Category:Car manufacturers of the United Kingdom Category:Manufacturing companies established in 1913