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

2015 Chevrolet Cruze spied for the first time with new taillights
2015 Porsche Cayenne facelift spied up close with less camouflage
New second-gen Audi R8 spied for the first time on the Nürburgring
McLaren previews track-only P1 GTR concept ahead of Pebble Beach debut
Bentley four-door coupe digitally imagined by RM Design
Useful Tips: Must have tools for your car
New Ferrari 488 GTB with a new V8 turbo revealed ahead of Geneva debut
Track-only McLaren P1 GTR revealed in production form for Geneva debut
New Mercedes-Benz GLE revealed, replaces M-Class [videos]
Porsche Mission E concept with 600+ hp and a range of over 310 miles revealed
Winter is coming! Time to switch to winter tyres
Why You should hire a motoring offence lawyer if You’ve been caught speeding
Tags:
linode.com