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Podcast: IEN Radio
Episode: Chinese EV Co. Stiffs Aston Martin in Deal Gone Bad
Description: The Aston Martin Vanquish was a touring car that existed through two generations, the second of which concluded production in 2018. That happened to be the same year that the automaker went public, and in the ensuing flood of paperwork, it was discovered that Aston Martin had quietly sold some assets.In this case, we learned that Aston Martin had unloaded the tooling and design drawings of the Vanquish to a third party for $26 million, but the buyer was never made public, rather, the company was referred to only as an “auto manufacturer.”Well, we’ve recent...