Motor Trend is disputing
yesterday's published reports that Brit luxury/
sports car manufacturer
Aston Martin will be sold to Louis Vuitton. According to
MT, which cites "well-placed" UK sources, Aston's bags are packed and ready to leave
Ford, but they do
not have that iconic "LV" logo on them. Apparently the buyer is a group of high-finance types we've never heard of. They're set to pony up around $1 billion for the storied automaker.
The sale is said to include the factory, and Ford is still expected to retain a stake in the company. Motor Trend can't resist needling Autobild and the blogosphere for
(supposedly)
getting the buyer wrong. (Marketwatch, the major outlet that ran the story yesterday, gets a pass.) Somewhat ironically,
MT uses its own blog to get its version of the Aston saga out to the public.
UPDATE: MT has updated their post to reference the Marketwatch story that many outlets (including Autoblog) picked up on and reported.
UPDATE 2: LVMH has dismissed reports that it is the buyer for Aston Martin as "pure rubbish."
[Source: Motor Trend]
The sale is said to include the factory, and Ford is still expected to retain a stake in the company. Motor Trend can't resist needling Autobild and the blogosphere for
UPDATE: MT has updated their post to reference the Marketwatch story that many outlets (including Autoblog) picked up on and reported.
UPDATE 2: LVMH has dismissed reports that it is the buyer for Aston Martin as "pure rubbish."
[Source: Motor Trend]