The union representing workers at Aston Martin has welcomed the pending sale of the famous sportscar maker to a consortium led by UK-based vehicle development and motorsport group Prodrive.
Go deeper with GlobalData
Ford on Monday (12 March) confirmed the sale, which valued AM at £479m, with the US-based automaker retaining a GBP40m stake.
The Transport and General Workers Union said the key criteria for the deal to sell Aston Martin should be keeping manufacturing in the UK and maximising jobs.
Aston is based at Gaydon, in Warwickshire, adjacent to Ford’s Land Rover development centre and a museum and conference centre the automaker also acquired at the same time as its Premier Automotive Group bought the SUV maker.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
