Currently reading: Stroll: Aston Martin has "very amicable" relationship with Geely

Boss says Chinese car company's now 17% stake paves way for global growth and component sharing

Aston Martin chairman Lawrence Stroll enjoys a “very amicable relationship” with Geely, he has told Autocar, dismissing any notion that there was any tension or frustration in how the Chinese giant has been building up a substantial shareholding, initially on the stock market. 

Geely was the other bidder to Stroll’s consortium when the latter took over in 2020, yet it wasn't fully perturbed. It has since then built a substantial shareholding, most recently with an investment of £234 million to up its stake from 7.6% to 17%.

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Symanski 30 May 2023

They still need to sack Marek Reichman to secure the future of Aston Martin.   His designs simply don't sell enough to sustain the company.

 

Anybody can see it.   And anybody knows what must be done - Sack Reichman.

 

sabre 18 May 2023

Chinese stake is better than English steak or cake