Hi all,

I guess this is a bit off topic, but I was wondering if Ford still owns Aston Martin and Jaguar. Actually, I guess it is on topic because the reason I ask is that I read the new Mustang might have some European flavor to it and was wondering if there might be some inspiration taken from an AM or XK for the new Mustang since they are/were somewhat related.

Thanks for any info!

 

Simpler answer, no.

Aston Martin is owned by a Kuwait based financial group and Jaguar is owned by Tata of India.

 

Wow, had no idea. When did Ford sell them? Thanks

 

Ford sold them ad part of the refinancing they put into place before the financial meltdown. That's part of the story on how they avoided tax money although it's a bit more involved than that.

 

Ford also is no longer the majority controller of Mazda. Just in case you missed that too.

 

also to add to whats already been said Ford doesnt own Land Rover anymore either...

 

Or Volvo ...

 

Ford did keep a small stake at Aston Martin.

 

Well at least Ford owns Ford and not the government.

 

Its unfortunate they sold these assets at the bottom, but sometimes when the economy throws you a curve ball (OK a grand slam up the shute) you have to shift gears and ditch your previous long term not so profitable plans and focus on your core.

Being flexible and adapting has paid off.

Thankfully Mulally had the foresight to leverage assets and raise cash 2 years before our Saudi friends screwed us (again) with $4 gas.

Go Mulally! Screw you Saudi Arabia and your monopoly ..!.

 

I would love $4 gas, heck, I would be happy even with $5 gas.

Considering the fact that I'm paying over $8 right now here in Europe ...

 

Yikes!

You know how we like to whine when it costs more than milk.

 

Just wait another year and buy one of these with a 2.0L diesel engine (which will be rated at 50 mpg hwy). Problem solved ...

 

ford did an amazing job with am and jag in the last few years they owned them.
i really hope the new owners don't mess things up.