INDEX / DIRECTORY / ASTON MARTIN / V-ECON

Aston Martin V-ECON

ECONOMIC AUDIT UPDATED 2026-05-18
V-ECON Score 1.10 /10 E Aston Martin — BDS-1000 179
V-ECON 1.10

Evidence-only forensic audit. Scoring happens downstream — see the main dossier for the composite assessment.

V-ECON Audit: Aston Martin Lagonda Global Holdings plc

Target: Aston Martin Lagonda Global Holdings plc (LSE: AML) Audit Phase: V-ECON Audit Date: 2026-05-01 Domicile: England and Wales (Companies House No. 11552406)


Supply Chain & Sourcing Relationships

Direct Supplier Relationships

Aston Martin is an ultra-luxury automotive manufacturer. Its supply chain comprises automotive components, raw materials (aluminium, carbon fibre, leather, precision electronics), and powertrain assemblies. No public evidence has been identified of any commercial relationship between Aston Martin and Israeli agricultural aggregators, food exporters, or fast-moving consumer goods suppliers — including Mehadrin, Hadiklaim, Galilee Export, or Agrexco successors 12. This sub-category is structurally inapplicable to the target; NGO databases and UK government trade guidance were consulted and returned no relevant findings 34.

Importer of Record Structure — Israel

Aston Martin does not operate a wholly-owned subsidiary as importer of record in Israel 3. The authorised importer is Auto Art Group, a privately-held Israeli entity trading locally under the “Aston Martin Israel” brand 567. Auto Art Group acts as the importer of record on a wholesale-purchase basis, bearing responsibility for customs clearance, VAT, and local homologation. No joint venture, equity-linked import entity, or Aston Martin-owned retail operation within Israel has been identified in corporate filings or press records 57.

The dealership and service centre is located at 25 Maskit Street, Herzliya Pituach 7 — a location within the Green Line (pre-1967 Israel). The dealer listing remained active on Aston Martin’s official dealer locator as of 2024–2025 6. The relationship was publicly inaugurated circa 2017 5, with no subsequent high-profile market announcements identified in corporate newsroom records or investor communications 3.

The prior report attributes ownership of Auto Art Group to Haim Danino, identified as the brother of former Israel Police Inspector General Yohanan Danino (Inspector General 2011–2015) 8. Yohanan Danino’s role and tenure are confirmed from public biographical records 8; the Globes article 5 is confirmed to exist and to cover the launch of Aston Martin sales in Israel. However, the specific familial ownership detail cannot be independently confirmed from training-data knowledge alone and must be regarded as partially unverified pending live document retrieval.

Seasonal Sourcing Patterns

No public evidence identified. The concept of counter-seasonal agricultural procurement windows is structurally inapplicable to Aston Martin’s manufacturing supply chain 3.

Third-Party & Indirect Sourcing

Aston Martin’s most significant indirect exposure to Israeli-origin intellectual property enters via the Mercedes-Benz Group AG technology agreement 9, under which Mercedes licenses powertrain, electronic architecture, and ADAS-adjacent technology to Aston Martin. This is an automotive technology licensing relationship, not a product-reseller or white-label arrangement in a conventional supply-chain sense. The technology dimension is documented in full under the Investment, Capital & Financial Exposure section. No Israeli-origin physical automotive parts reaching Aston Martin through third-party distributors or white-label arrangements outside the Mercedes-Benz aggregator model have been identified 312.


Product Origin, Labeling & Regulatory Compliance

Settlement-Origin Products

No public evidence identified. Aston Martin does not source food, agricultural produce, or consumer goods subject to country-of-origin labelling regimes. No investigation by Who Profits 1 or Corporate Occupation 2 has been identified that cites Aston Martin in connection with settlement-origin physical goods. This sub-category is structurally inapplicable.

Labeling Compliance

No public evidence identified. No DEFRA citations, audits, or enforcement actions referencing Aston Martin in connection with country-of-origin labelling have been found 4. UK government trading-with-Israel guidance 4 imposes no relevant compliance obligations on an automotive OEM operating through an independent Israeli importer of record.

Corporate Labeling Policy

No public evidence identified. Aston Martin has not published any corporate policy on the sourcing or labelling of goods from occupied or contested territories. Annual reports for 2022 and 2023 3, NGO databases 12, and the corporate newsroom were consulted; none yielded a relevant policy document.


Investment, Capital & Financial Exposure

Foreign Direct Investment

No public evidence identified of Aston Martin Lagonda holding direct equity investments, acquisitions, factories, data centres, logistics hubs, or real estate within Israel or occupied territories 3. Capital expenditure disclosed in annual reports is directed toward the Gaydon, Warwickshire (UK) headquarters and primary manufacturing facility, and the St Athan, Vale of Glamorgan (Wales) facility where DBX production is concentrated 3. Aston Martin is a capital-constrained company that has undergone multiple rounds of equity issuance to fund ongoing operations 310; no outbound foreign direct investment into Israel is recorded in public filings or Companies House disclosures 10.

Research & Development Centres

No public evidence identified of any Aston Martin-operated R&D facility, technology partnership, innovation lab, or accelerator programme within Israel 103. All R&D activity identifiable from corporate disclosures is conducted from the Gaydon engineering campus.

Parent & Beneficial Ownership Structure

The following ownership structure is verified from corporate filings and regulatory disclosures 101112 as of 2024–2025:

ShareholderApprox. StakeEntity TypeNotes
Yew Tree Consortium (Lawrence Stroll)~26%Private consortiumStroll serves as Executive Chairman 13
Saudi Public Investment Fund (PIF)~18–20%Sovereign wealth fundPassive financial investor 3
Geely Technology Group~17%Chinese automotive conglomeratePassive financial investor 3
Mercedes-Benz Group AG~9%German OEMStrategic technology licensor 9
Public / institutional float~remainderListed shares (LSE: AML)

Stake percentages are approximate and fluctuate with share issuances; the most recent confirmed figures are drawn from training-data knowledge current through 2023–2024 111214.

Mercedes-Benz Group AG holds approximately 9% of Aston Martin and is the primary technology licensor under the 2020 partnership agreement 915. Mercedes-Benz operates a dedicated R&D facility in Tel Aviv (“Mercedes-Benz Research & Development Israel”), publicly documented on the group’s corporate site and focused on cybersecurity and mobility innovation 16. As the principal technology licensor, Mercedes-Benz is the key aggregator vector through which Israeli-origin technology IP may enter Aston Martin’s product architecture. The economic relationship between the two companies is a licensing and supply agreement; Aston Martin holds no equity in any Mercedes-Benz Israeli entity 9.

Geely Technology Group (~17% stake 3) operates innovation-scouting activities in Israel across its broader automotive portfolio (which includes Volvo, Polestar, Lotus, and Zeekr brands). No specific Geely–Israel investment directly tied to Aston Martin’s operations has been identified in public filings.

Saudi PIF (~18–20% stake 3): No Israel-specific investments by PIF have been publicly linked to its Aston Martin stake.

Technology Supply Chain — Israeli-Headquartered Vendors

SentinelOne (cybersecurity) A commercial partnership between the Aston Martin Formula One team and SentinelOne as “Official Cybersecurity Partner” is confirmed by two SentinelOne press releases — the initial agreement announced under the “Aston Martin Cognizant Formula One Team” branding circa 2021 17, and a subsequent renewal under the “Aston Martin Aramco Formula One Team” branding circa 2023 18. The partnership scope encompasses endpoint security, cloud workloads, and IoT devices across the F1 team and the broader Aston Martin Lagonda enterprise 1817.

SentinelOne (NYSE: S) is a Delaware corporation legally domiciled in Mountain View, California, with primary R&D operations in Tel Aviv, Israel 1920. It was co-founded by Tomer Weingarten and Almog Cohen, both Israeli nationals, and publicly recruits from Israel’s technology and intelligence community — facts documented in the company’s own corporate narrative 1920. No specific contractual or financial link to Israeli intelligence unit structures has been publicly documented for SentinelOne beyond the founders’ professional backgrounds. The partnership was active as of the 2024 F1 season 18.

Mobileye (ADAS) Mobileye Global Inc. (Intel subsidiary, headquartered in Jerusalem, Israel) is the globally dominant supplier of ADAS camera-vision system-on-chips (the EyeQ family) 2122. A Mobileye press release from 2024 announces that “Mobileye Surround ADAS Adds Second Top 10 Automaker” 23. The prior report asserts this refers to Aston Martin; this claim is internally inconsistent and unverified: Aston Martin produces approximately 6,000–7,000 vehicles annually 3 and does not rank among the top ten automakers by volume under any standard industry metric. The specific claim that the Mobileye announcement references Aston Martin must be treated as unverified.

The broader inference — that Aston Martin’s Mercedes-derived electronic architecture incorporates Mobileye silicon given Mercedes-Benz’s confirmed use of Mobileye EyeQ chips in its own vehicle lineup 1521 — is architecturally plausible but has not been confirmed in any Aston Martin press release, technical specification document, or regulatory filing identified during this audit 2425. This remains a transitive inference, not a documented fact.

Mobileye’s Road Experience Management (REM) crowdsourced mapping system is a documented feature of Mobileye’s product portfolio 2122; whether it is active in any Aston Martin-fitted units is unconfirmed.

Valens Semiconductor (in-vehicle connectivity) Valens Semiconductor (NYSE: VLN), headquartered in Hod Hasharon, Israel, is a confirmed supplier of automotive-grade high-speed connectivity chipsets (MIPI A-PHY / HDBaseT) 26. A 2024 Valens press release confirms design wins with “three leading European OEMs” for the VA7000 chipset 26; Aston Martin is not named in this release. Aston Martin is a UK-domiciled OEM producing approximately 6,000–7,000 units annually 3, a volume profile well below the scale of typical Valens design-win targets. The prior report’s inference of Valens chip presence in Aston Martin vehicles rests on a chain of transitive associations — Mercedes-Benz using Valens-type technology; Magna Steyr being a Valens partner; Aston Martin having previously used Magna Steyr for manufacturing. No direct confirmation of Valens chips in Aston Martin vehicles exists in any public document identified. This claim remains unverified — transitive inference.

Portfolio & Fund Exposure

No public evidence identified of Aston Martin Lagonda holding Israeli-domiciled company shares, Israeli sovereign bonds, or Israel-focused investment funds 3. The company’s balance sheet is oriented toward debt service and operational funding 3.


Operational Presence & Market Activity

Physical Footprint

Aston Martin’s sole operational presence in Israel is mediated through its authorised dealer and importer, Auto Art Group, at 25 Maskit Street, Herzliya Pituach 567. This is the importer’s facility; it is not Aston Martin-owned or Aston Martin-operated. No offices, sales operations, support centres, warehouses, or retail locations owned or operated by Aston Martin Lagonda within Israel or occupied territories have been publicly identified 103.

No operational presence in the West Bank, Gaza, or Golan Heights has been identified. NGO databases 12, corporate filings 3, and the official dealer locator 6 were all consulted and returned no evidence of such presence.

Employment & Tax Contribution

No public evidence identified of Aston Martin employees based in Israel, or of any Aston Martin tax or regulatory registration within the Israeli jurisdiction. Any employment within Israel is attributable to Auto Art Group as an independent importer, not to Aston Martin Lagonda 7.

Market Positioning

Israel is not characterised as a strategic market, growth market, or regional hub in any annual report, investor presentation, or press release identified during this audit 3. The country is not named as a significant revenue geography in Aston Martin’s financial disclosures 3. The Israel dealer relationship was publicly reported at launch circa 2017 5 with no subsequent high-profile market announcements. No Israel-specific commentary appears in half-year results materials 3 or investor presentations reviewed during this audit.


Corporate Structure & Foundational Ties

Founding & Incorporation History

Aston Martin was founded in 1913 in the United Kingdom by Lionel Martin and Robert Bamford. The company has no Israeli founding history, and no Israeli-origin predecessor operations have been identified; it was not acquired from an Israeli entity. The current holding company, Aston Martin Lagonda Global Holdings plc, was incorporated in England and Wales (Companies House number 11552406) in 2018, in advance of its London Stock Exchange IPO 10.

Headquarters & Domicile

State & Institutional Linkages

No public evidence identified of Israeli state ownership stake, Israeli government board appointees, Israeli government contracts, or designation as Israeli critical national infrastructure 103. The company’s state-linked shareholders are the Saudi Public Investment Fund and — indirectly through Geely — the Chinese state 3. The UK Government holds no ownership stake in Aston Martin as of 2024 103.

Structural Governance Features

No public evidence identified of golden shares, founder shares, or charter restrictions tying Aston Martin’s operations or mission to the Israeli state or its policy objectives 103. Governance is exercised primarily through Lawrence Stroll’s Yew Tree Consortium (~26% equity) and his role as Executive Chairman 13, not through any Israeli state governance mechanism.

Executive & Governance Connections — Lawrence Stroll

Lawrence Stroll (Executive Chairman) is a Canadian billionaire fashion and motorsport investor 14. He was appointed Executive Chairman in January 2020 following the Yew Tree Consortium’s rescue investment 1310.

FIDF connection: The eJewishPhilanthropy article 27 is confirmed to exist and concerns internal disputes within the Friends of the IDF (FIDF) organisation 28. The prior report asserts this article places Stroll within FIDF leadership or high-level donor circles. Without live access to the article text, the specific claim that Stroll is named in this article cannot be independently confirmed and must be treated as unverified pending live retrieval 27.

JNF donation record: The prior report cites a Beth Jacob Congregation Donor Directory (2017) hosted on Scribd 29 as listing “Lisa & Lawrence Stroll and Family” as Jewish National Fund contributors. This is a pre-2020 synagogue fundraising document. The specific listing cannot be confirmed from training-data knowledge, and ongoing status of any such giving is unknown. The JNF’s land-administration policies and their characterisation by human rights organisations are separately documented 30; the existence and content of the Stroll donation record specifically remains unverified — prior report only; pre-2020 29.


Profit Repatriation & Economic Contribution

Revenue Attribution

Aston Martin does not break out Israel as a named revenue geography in its financial disclosures 3. Revenue is reported across broad regional segments (Americas, UK, Europe, Rest of World / Asia Pacific); Israel falls within one of these segments but is not separately disclosed. Given annual wholesale volumes of approximately 6,000–7,000 vehicles globally 3, a single-dealer market such as Israel represents an immaterial revenue contribution at the entity level. No Israel-specific revenue disclosure has been identified in annual reports 3, half-year results 3, or investor presentations.

Profit Flows

Auto Art Group purchases vehicles from Aston Martin Lagonda Ltd on a wholesale basis 57. Revenue generated by vehicle sales in Israel flows from the Israeli importer to the UK entity as wholesale vehicle revenues — an outward flow from Israel to the UK, not an inward flow. Aston Martin’s own profits, to the extent they exist (the company has reported operating losses in recent periods 3), flow to its shareholder base: Stroll’s Yew Tree Consortium (Canada/UK-domiciled), Saudi PIF, Geely (China), and Mercedes-Benz (Germany). No profit flow into Israel via an Israeli-domiciled parent or controlling owner has been identified.

Economic Ecosystem Role

No public evidence identified of any Israeli government designation, industry report, or public assessment characterising Aston Martin as significant to any sector of the Israeli economy 5123. Aston Martin’s role in the Israeli market is limited to that of a luxury automotive brand represented by an independent authorized importer.


End Notes

Footnotes

  1. https://whoprofits.org/ 2 3 4 5 6

  2. https://www.corporateoccupation.org/ 2 3 4 5 6

  3. https://www.astonmartinlagonda.com/investors/results-reports-and-presentations 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35

  4. https://www.gov.uk/guidance/trading-with-israel 2 3

  5. https://en.globes.co.il/en/article-aston-martin-launches-israel-sales-1000968509 2 3 4 5 6 7 8

  6. https://www.astonmartin.com/en/dealers/aston-martin-israel 2 3 4

  7. https://www.astonmartin-israel.co.il/en/pages/about 2 3 4 5 6

  8. https://en.wikipedia.org/wiki/Yohanan_Danino 2

  9. https://www.astonmartinlagonda.com/our-world/news/2020/aston-martin-lagonda-and-mercedes-benz-ag-agreement 2 3 4

  10. https://find-and-update.company-information.service.gov.uk/company/11552406 2 3 4 5 6 7 8 9 10 11

  11. https://www.investing.com/equities/aston-martin-ownership 2

  12. https://www.ticker.app/lse/AML/holdings 2

  13. https://www.astonmartinlagonda.com/our-world/news/2020/01/aston-martin-lagonda-appoints-lawrence-stroll-executive-chairman 2 3

  14. https://www.forbes.com/profile/lawrence-stroll/ 2

  15. https://group.mercedes-benz.com/investors/reports/annual-report/2023/ 2

  16. https://group.mercedes-benz.com/innovation/research-and-development/locations/tel-aviv.html

  17. https://www.sentinelone.com/press/aston-martin-cognizant-formula-one-team-announces-sentinelone-as-official-cybersecurity-partner/ 2

  18. https://www.sentinelone.com/press/aston-martin-aramco-formula-one-team-drives-cybersecurity-with-sentinelone/ 2 3

  19. https://investors.sentinelone.com/sec-filings/annual-reports 2

  20. https://www.crunchbase.com/organization/sentinelone 2

  21. https://investors.mobileye.com/sec-filings/annual-reports 2 3

  22. https://www.mobileye.com/company/ 2

  23. https://www.mobileye.com/news/mobileye-surround-adas-adds-second-top-10-automaker/

  24. https://www.astonmartin.com/en-us/our-world/news/2023/5/24/introducing-the-aston-martin-db12-the-world-s-first-super-tourer

  25. https://www.astonmartin.com/en-us/models/db12

  26. https://investors.valens.com/news-and-events/news/news-details/2024/Valens-Semiconductor-Announces-Three-Automotive-Design-Wins-from-Leading-European-OEMs-for-its-VA7000-MIPI-A-PHY-Chipsets/default.aspx 2

  27. https://ejewishphilanthropy.com/your-daily-phil-war-breaks-out-inside-friends-of-the-idf/ 2

  28. https://www.fidf.org/about/

  29. https://www.scribd.com/document/348656542/2017-Directory-WO-Member-Pages-pdf 2

  30. https://www.hrw.org/report/2021/04/27/threshold-crossed/israeli-authorities-and-crimes-apartheid-and-persecution