User:GristolSerkonos/sandbox4
 | |
| Public | |
| Traded as | GSX: MKAH |
| Industry | Automtive, Aerospace, Defence, Marine, Energy |
| Divisions | Marklin-Ashton Motors Marklin-Ashton Nuclear Energy Marklin-Ashton Engines Marklin-Ashton Aerospace and Rocket Engines |
Marklin-Ashton Holdings Group Limited is a Gristo-Serkonan manufacturer of engines, luxury cars, and grand tourers. The company was founded in 1795 by industrialists Philippe Ashton and José Marklin-Deer as a manufacturer of steam engines. It successfully manufactured its first gasoline-powered internal combustion engines in 1878 and soon founded an automobile division two years later, releasing the Marklin-Ashton Automobile Model 1 after years of testing in 1889. Full ownership transferred to Philippe Ashton's descendants after the Marklin-Deer's family decided to sell its ownership stake in 1947.
The company became associated with expensive grand tourers in 1948. Even as its automobile division flourished, Marklin-Ashton continued to developing engines. The engines division soon begun manufacturing aircraft engines in 1907 and begun exploring rocket engine development in 1935. The company's headquarters and main production facility of automobiles are located in Kruiningen, Drachten. Additional production facilities for marine, aerospace, and rocket engines are located in Cavignac, Valois.
Marklin-Ashton today has over 160 car dealerships across Ajax, making it a global automotive brand. The company is also the xth-largest maker of aircraft engines and has major businesses in the marine propulsion and energy sectors.