Super Street Network

 |   |   |  Investindustrial New Shareholder of Aston Martin - Web Exclusive

Investindustrial New Shareholder of Aston Martin - Web Exclusive

Italian firm buys 37.5% stake in British icon

Ezekiel Wheeler
Dec 7, 2012
Invenstindustrial shareholder aston martin Photo 1/1   |   Investindustrial New Shareholder of Aston Martin - Web Exclusive

Today, Aston Martin Chairman David Richards announced that he was "delighted that Investindustrial has decided to become a major investor in Aston Martin."

Investindustrial wrote a check for $260 million dollars in a company that was rumored to be on its last lap. The Italian firm ended up beating out Mahindra and Mahindra for stake in the Bond-mobile company.

Talks of Aston Martin on the market for investors or even a potential buyer have been lingering since the launch of the new Vanquish. Many thought the car would be the last "hoo-rah" under the current owners of the company. Some even gossiped about how TATA could be a blessing for the company - after all look at Jaguar and Land Rover.

But today, with Investindustrial and Aston Martin's partnership we can expect the new Vanquish along with Aston's blossoming racing program to grow, or survive for the time being. Time will only tell if the, perceived, micro-loan (on a grander scale of things) will prove to be beneficial in the long term for the company.

By Ezekiel Wheeler
267 Articles

BROWSE CARS BY MARKET

MORE FEATURES

The Honda Civic Hatchback prototype will debut at the 2016 Geneva auto show. Get more details here.
Stefan OgbacFeb 10, 2016
The BMW M2 MotoGP safety car has been revealed before it begins duty at the start of the 2016 MotoGP season next month.
Erick AyapanaFeb 10, 2016
Regardless of anything you might think, Fugu Z is a great project with a sincere backstory.
Aiden G.Feb 10, 2016
CLICK TO PLAY WITH AUDIO
Driving the latest grown-up version of the Mini. Can it be luxurious and fun at the same time?
Ryan JurneckaFeb 9, 2016
Alpina has released full details of its newest model: the 2017 BMW Alpina B7 xDrive sedan, which will be the most powerful variant of the new BMW 7 Series.
Jason UdyFeb 8, 2016

SEARCH ARTICLES BY MAKE/MODEL

Search
TO TOP