Marklin-Ashton Corporation: Difference between revisions

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| revenue = SL$ 65.3 billion
| revenue = SL$ 65.3 billion
| revenue_year = 2024
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| operating_income = SL$ 9.4 billion
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| income_year = 2024
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| num_employees = 70,000
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| num_employees_year = 2023
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| divisions = Marklin-Ashton Motors <br> Marklin-Ashton Energy <br> Marklin-Ashton Engines  
| divisions = Marklin-Ashton Motors <br> Marklin-Ashton Energy <br> Marklin-Ashton Engines  

Revision as of 09:59, 11 March 2024

Marklin-Ashton Global PHG
Formerly
Marklin-Ashton Industrial Machines
Public limited company
Traded asGSX: MKAH
Industry
  • Automotive
  • Aerospace
  • Defence
  • Marine
  • Energy
PredecessorAshton Engine Foundry
Marklin-Deer Engineering Company
FoundedDecember 6, 1795; 228 years ago (1795-12-06) in Pontiac-Bernadotte, Gristol-Serkonos
FoundersPhilip Ashton
José Marklin-Deer
HeadquartersMarklin-Ashton Technology Centre,
Kruiningen, Drachten
,
Area served
Worldwide
Key people
  • Quiriana Ashton
    (Co-Executive Chairwoman)
  • Kristoff Marklin-Deer
    (Co-Executive Chairman)
  • Karsten Pettersen
    (President & CEO)
ProductsAutomobiles
Internal combustion engines
Civil and military aero engines
Marine propulsion systems
Power generation equipment
Rocket motor and missile propulsion
RevenueSL$ 65.3 billion (2024)
SL$ 9.4 billion (2024)
OwnersMarklin-Ashton Ownership Group: 73% (Ownership is divided 50/50 between the Ashton and Marklin-Deer families)
Public Shares: 27%
Number of employees
70,000 (2023)
DivisionsMarklin-Ashton Motors
Marklin-Ashton Energy
Marklin-Ashton Engines
Subsidiaries
  • Marklin-Ashton Racing
  • MA Power Systems
  • Marklin-Ashton Engine Foundry
  • Marklin-Ashton Aerospace Engines
  • Marklin-Ashton Rocket Engines
  • Marklin-Ashton Marine Engineering

Marklin-Ashton Global PHG (doing business as the Marklin-Ashton Corporation) is a Gristo-Serkonan Handelsgruppe specializing in engines, power generation equipment, luxury cars, and grand tourers. The company was founded in 1795 by industrialists Philip 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 1893.

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, energy and rocket engines are located in Cavignac, Valois.

Marklin-Ashton today has over 160 car dealerships across the world, making it a global automotive brand. The company is also the xth-largest maker of aircraft, marine, and land-based internal combustion engines and has major business presence in energy sectors as well as rocket and missile propulsion design and manufacturing. Ownership remained with Philip Ashton and José Marklin-Deer's descendants up until 1976 when their ownership was consolidated under into a single entity in which both families control. Later the same year the company became public on the Griswald Stock Exchange.

History

Leadership

  • Co-Executive Chairwoman: Quiriana Ashton
  • Co-Executive Chairman: Kristoff Marklin-Deer
  • President and CEO, Marklin-Ashton Global PHG: Karsten Pettersen
  • CEO, Marklin-Ashton Motors: Gnaeus Ruud
    • Chief Creative Officer, Marklin-Ashton Motors: Victoria-Aliénor Giroux
    • Team Principal, Marklin-Ashton Racing: Sa:k Thompson-Bear
  • CEO, Marklin-Ashton Energy: Virgile Volzurin
    • Managing Director, MA Power Systems: Ichirō Hashimoto
  • CEO, Marklin-Ashton Engines: Gaius Natalis
    • Managing Director, Marklin-Ashton Engine Foundry: Colten Upton-Stark
    • Managing Director, Marklin-Ashton Marine Engineering: Serafeim Antoniou
    • Managing Director, Marklin-Ashton Aerospace Engines Atená:ti Hemlock-Fox
    • Managing Director, Marklin-Ashton Rocket Engines: Chí Quân Lê

Business Units

Marklin-Ashton Motors

Seeing the potential of the first gasoline-powered engine, the Marklin-Ashton Motors was founded in 1880 with the goal of manufacturing a self-propelled vehicle for carrying people. Following a lengthy development, the Marklin-Ashton Automobile Model 1 was unveiled to the 1893 Royal Exhibition in Griswald. The Model 1 is a three-wheeled car with a one-cylinder gasoline-powered engine, capable of 0.9-metric-horsepower. About 30 Model 1's were built between 1893 to 1899.

Marklin-Ashton found more success with the Marklin-Ashton Viscount. The Viscount is a four-wheeled car with a 1L 3-metric-horsepower single-cylinder engine capable of achieving speeds of 19 km/h. The Viscount was also the company's first mass-produced vehicle, taking inspiration from production techniques seen in Sante Reze. By the end of the production of the first generation of Viscounts, Marklin-Ashton produced a total of 3,000 vehicles.

Current Vehicle Line-up

Model Current generation
Image Name Introduction

(cal. year)

Introduction

(cal. year)

Model
Code
Class Global sales
MAViscountGS.png Viscount 1900 2023 VIS Mid-size
Luxury Car
64,182
MAVernierGS.png Vernier 1946 2023 VER Full-size
Luxury Car
47,937
MAVultureGS.png Vulture 1957 2021 VUL Grand Tourer 59,410
MAVisionGS.png Vision 2003 2023 VSN Sports Car 48,072
MAVixenGS.png Vixen 2021 2023 VIX Luxury SUV 7,216
MAVampireGS.png Vampire 2021 2021 VSN Muscle Car 1,384
MAVoltageGS.png Voltage 2023 2023 VOL PHEV Sports Car 384
MAVesperGS.png Vesper 2024 2024 VES Hypercar-type
Sports Car
30

Marklin-Ashton Racing

Marklin-Ashton Racing is the racing division of Marklin-Ashton Motors that competes in Formula Elite racing.

Marklin-Ashton Energy

- Designs, develops, and constructs nuclear reactor technology.
- Also a manufacturer of power generation equipment used in coal and gas industries as well as hydroelectricity and renewable energy industries.
- Co-developed Gristol-Serkonos' first naval reactors used by the Leviathan-class Nuclear Powered Attack Submarines.

MA Power Systems

- A new subsidiary of Marklin-Ashton Energy focusing on developing molten-salt batteries in practical applications as well as power-storage systems.

Marklin-Ashton Engines

- Established in 1795 to produce steam engines that powered the industrial revolution in Gristol and Serkonos.

Marklin-Ashton Engine Foundry

- Develops internal combustion engines in collaboration with Marklin-Ashton Motors.
- Also develops engines used in military applications.

Marklin-Ashton Aerospace Engines

- Develops and manufactures aerospace engines for civil and military applications.

Marklin-Ashton Rocket Engines

- Develops and manufactures rocket engines for civil and military applications.

Marklin-Ashton Marine Engineering

- Manufactures marine engines for civil and military applications.