Marklin-Ashton Corporation
 | |
Formerly | Marklin-Ashton Industrial Machines |
|---|---|
| Public | |
| Traded as | GSX: MKAH |
| Industry |
|
| Predecessor | Ashton Engine Foundry Marklin-Deer Engineering Company |
| Founded | December 6, 1795 in Pontiac-Bernadotte, Gristol-Serkonos |
| Founders | Philip Ashton José Marklin-Deer |
| Headquarters | Marklin-Ashton Technology Centre, Kruiningen, Drachten , |
Area served | Worldwide |
Key people |
|
| Products | Automobiles Internal combustion engines Civil and military aero engines Marine propulsion systems Power generation equipment Rocket motor and missile propulsion |
| Revenue | SL$ 65.3 billion (2024) |
| SL$ 9.4 billion (2024) | |
| Owners | Marklin-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) |
| Divisions | Marklin-Ashton Motors Marklin-Ashton Energy Marklin-Ashton Engines |
| Subsidiaries |
|
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 |
|
Viscount | 1900 | 2023 | VIS | Mid-size Luxury Car |
64,182 |
|
Vernier | 1946 | 2023 | VER | Full-size Luxury Car |
47,937 |
|
Vulture | 1957 | 2021 | VUL | Grand Tourer | 59,410 |
|
Vision | 2003 | 2023 | VSN | Sports Car | 48,072 |
|
Vixen | 2021 | 2023 | VIX | Luxury SUV | 7,216 |
|
Vampire | 2021 | 2021 | VSN | Muscle Car | 1,384 |
|
Voltage | 2023 | 2023 | VOL | PHEV Sports Car | 384 |
|
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. Consists of four subsidiaries.
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.