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

BMW M4 Convertible spied almost undisguised
Cigarette Racing 50' Vision GT Concept revealed, inspired by the Mercedes AMG Vision Gran Turismo Co...
Audi R8 LMX revealed - world's first production car with laser high beams
Mercedes AMG GT teased - "This is What You Get"
2015 Audi A7 and S7 facelift revealed with updated engine range and matrix LED headlights [videos]
Top 3 compact family cars
All-new 2015 BMW X5 M and X6 M with 567bhp revealed
745 horsepower Force 1 V10 designed by Henrik Fisker debuts in Detroit
BRABUS 850 XL based on the Mercedes-Benz GLS
Volkswagen I.D. concept car previews new generation of electric cars
Alpine opens reservations for its 'Premiere Edition'
Honda and Alphabet enter discussions on technical collaboration of fully autonomous car tech
Tags:
linode.com