Major capital injection from Investindustrial will launch a whole new line of Aston Martins, set to be announced at the Geneva Motor Show, that could double the company's sales in the coming years.
If you're a Ferrari fan and are looking for the place to plan your next vacation, Italy is surely the place to go. There's the headquarters, factory, museum and test track in Maranello, the new Enzo Ferrari Museum in neighboring Modena, and the circuit named for Enzo and Dino Ferrari in the nearby Bolognese suburb in Imola. The thing is that, aside from looking at collections of classic cars – which we wouldn't thumb our noses at, mind you – you might not find that much to do there.
Daimler and Aston Martin have been "in discussions" over various matters going back at least five years, when an engine-supply deal from the Germans to the Brits turned into rumors of Daimler looking to buy a piece of Aston Martin. Neither the engines nor the company stake every changed hands, but three years later they were talking about trying a relationship again, this time in the large luxury sedan segment - Daimler would get help with Maybach, Aston Martin would get help with the Lagonda re
Three weeks, ago Businessweek reported that Investment Dar, Inc. was looking to shed its majority stake in Aston Martin. The Kuwait-based financial firm is apparently seeking to restructure its debt load and has sought $800 million for its 64-percent share in the English automaker. That amount compares to the $925 million that it took for a consortium, Investment Dar among them, to purchase 100-percent of Aston Martin from Ford in 2007.