Filed under: Hirings/Firings/Layoffs, Aston Martin, Earnings/Financials, Rumormill


It's been a busy few years for Aston Martin. Back in May of 2007, the British sportscar company was sold by Ford to a consortium of investors, including Kuwaiti firm Investment Dar and its partner Adeem Investment Company. Ever since, the grapevine has swirled regarding the future of Mr. Bond's favorite automaker, with the rumormill hitting a fever-pitch as of late with whispers that up to 20% of Dar's stake is available for bidding.

Aston Martin's future product chips all seem to be on the table already, with thr new four-door Panamera-fighting Rapide, Lagonda uber-luxury sedan and One-77 supercar all waiting in the wings. Of course, all of that development work is expensive, and times are already tough. If an agreement is struck, Dar would be looking to either profit from selling a portion of Aston or for an instant infusion to its current stable of technology. We wonder if Mercedes-Benz, which has both cash and engineering expertise, may be involved in any potential deal.

Gallery: First Drive: 2009 Aston Martin V8 Vantage


[Source: Automotive News - Sub. Req.]Aston Martin back up for sale? originally appeared on Autoblog on Mon, 15 Dec 2008 16:01:00 EST. Please see our terms for use of feeds.


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