Aston Martin Could Be Up For Sale

According to Business Week, Aston Martin’s controlling shareholder, Investment Dar Co. which owns 64 per cent of the automaker has approached potential buyers about the British brand.

The Kuwaiti company bought its stake for £503 million back in 2007 and is reportedly looking to get the same money back.

Mahindra & Mahindra Ltd. (MM), the Indian automaker, is among potential suitors Investment Dar has approached in recent few months as well as Toyota.

Reportedly the company hired an auditor to conduct a preliminary review of Aston Martin less than two months ago.

There are also rumours circulating about a possible collaboration between Lotus and Aston Martin.

As Investment Dar Co. is in a hurry to sell its stake in the company, we expect to hear more about the matter in the near future.


RELATED POSTS

Porsche Boxster GTS and Cayman GTS revealed
Morgan announces limited edition Plus 8 Speedster
Caterham Seven conversion with Indy roadster style envisioned by Zolland design
Elemental RP1 - new track-focused road car revealed with 280bhp
Mazda RX-7/RX-8 successor, aka RX-9 coming very likely in 2017
"The Best" commercial highlights F1 technology in the Mercedes S500 Plug-in Hybrid
Supercharge your Vauxhall with these in-car gadgets
New Volvo XC90 now available with range of Polestar upgrades
McLaren 570GT joins the Sports Series range
Cars with gadgets – 6 basic must-buy accessories
BMW unveils purely electric Concept iX3
Your No Claims Bonus Explained
Tags: