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When did Ford buy Aston Martin?

One of my coworkers was talking about Aston Martins and how the company used to be owned by Ford, which I found surprising—when did Ford buy Aston Martin?

avatar
Andrew Biro · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Great question!
Aston Martin
was originally established in London in 1913, but the
Ford
Motor Company would go on to purchase 75% of the brand’s shares in 1987 before buying the remaining shares in 1991 and taking full ownership by 1993.
For the next 15 years, the Ford Motor Company owned Aston Martin—it would go on to sell the brand in 2007 to David Richards, the chairman of the Prodrive motorsport company, who would oversee Aston Martin until 2013.
In 2013, ownership of Aston Martin was transferred over to CEO Andy Palmer, an executive for Nissan, and a deal was signed with Daimler AMG, the company that owns Mercedes-Benz.
Aston Martin would then be sold again in 2020 to a consortium of investors led by Canadian billionaire Lawrence Stroll—today, Stroll is the company’s chairman and Mercedes-AMG executive Tobias Moers is the CEO.
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