The Financial Times reports that two firms have tabled bids for 50 per cent of Aston Martin; one offer includes Mercedes technical partnership
25 November 2012

A 50 per cent stake in Aston Martin could be sold before the end of the month, according to reports.

The Financial Times is reporting that Aston Martin's Kuwait owners, Investment Dar, has had bids tabled for half the company from Indian car maker Mahindra & Mahindra and European buyout group Invest Industrial.

Mahindra & Mahindra are said to have made the higher bid, but Invest Industrial are reported to be offering a technical partnership with Mercedes as part of the deal.

Financial Times insiders report that the proposed technical partnership is seen as a "trump card" by Investment Dar.

Aston Martin boss Dr Ulrich Bez recently told Autocar that the company was not for sale, but conceeded the potential need for a technical partner.

Investment Dar led a consortium that bought Aston Martin for £493m in 2007.

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Comments
38

25 November 2012

So much for not being up for sale then?, anyway,what are these interested parties going to bring too the table that will change Aston's fortunes?

Peter Cavellini.

25 November 2012

And yet only a month ago Autocar's Mr Sutcliffe was looking forward to Aston's 100th anniversary, and not a hint of any 'trouble at mill', after a long, liquid dinner with Herr Doktor Bez. And folk wonder why magazine sales are plummeting and trust in mainstream media generally is at rock bottom.

Sutters sings the praises of Aston's 'philosophy' after a glass or three:

http://www.autocar.co.uk/blogs/motoring/when-platform-not-platform-when-it’s-philosophy

Fact is, anyone with a passing acquaintance with the car industry, but not a hack apparently, could have told you that the EU6 engine emissions regulations for 2014 meant that Aston Martin was dead in the water. To develop the aging Cologne-bulit V12 to pass EU6 would take more than the company was worth. Hence, why the private equity prospective buyer wants Mercedes-AMG's engines.

At best, Aston will become a second-rate Pagani. This is what happens when a company relies on marketing and '007', rather than constant, very expensive, engineering-led product development.

25 November 2012

this is great news! AMG engines and Mercedes engineering with Aston Martin styling (the only thing brits can do well) will put Jaguar in their place. their cars will be substance with style and not just the latter, just like Lamborghini when the Germans took over

25 November 2012

GermanPower wrote:

...Aston Martin styling (the only thing brits can do well) ...

You are a troll and I claim my £5. 

  • Let depreciation be your friend...

25 November 2012

BriMarsh wrote:

GermanPower wrote:

...Aston Martin styling (the only thing brits can do well) ...

You are a troll and I claim my £5. 

He bears all the hallmarks of a member who used to be on here called Horse And Cart, Nick Scheele etc etc. He was openly an anything-German-is-best fanboi. I believe he had German carmakers' sales figures data pinned to his bedroom ceiling. I could be wrong though. Edit: Sorry Thwarted, you beat me to it.

Driving a Picasso empties your wallet.

25 November 2012

...the JLR bashing is back.

Regardless of what Capt Fruitloop says, I think that Aston could do a lot worse than some help from AMG. 

 

Global Warming.. My Rs

KTF

25 November 2012

As soon as they started saying that they are 'not for sale' you know that something is going on and there are only so many times that you can polish a turd before it starts to smell.

If they dont go for the Invest Industrial option to gain access to the Mercedes technology then they might as well pull the shutters down now.

25 November 2012

The chief executive denying the company was for sale only recently?

It is the owners that decide if the company is for sale not an employee.

The papers report that the Italian Investindustrial group has made a lower bid than Mahindra & Mahindra so I expect the current owners will favour their bid for a reported 50% share of the company. After watching how Tata has invested in the UK through it's ownership of steel production and JLR I think Aston fans should look forward to a buyout by an Indian manufacturing company rather than a financial investment group that will want to recoup it's initial investment rapidly. 

Personally I would prefer Aston to source it's engineering know how from JLR and not Mercedes.

maxecat

25 November 2012

I think the R&D and technical know how of JLR is way ahead of Mercedes at the moment, who still seem to be floundering at times and always seem 2 steps behind the rest. JLR are pursuing the use of aluminium and composites for increased strength and reduced lightness, their powertrains can rival some of the best, while gadget wise, they rival anything Mercedes can do. It's like Mercedes engineers are still using davey lamps and stoking coal. If it wasn't JLR, I'd prefer to see Honda or BMW form an alliance with Aston Martin.

25 November 2012

Lanehogger wrote:

I think the R&D and technical know how of JLR is way ahead of Mercedes at the moment, who still seem to be floundering at times and always seem 2 steps behind the rest. JLR are pursuing the use of aluminium and composites for increased strength and reduced lightness, their powertrains can rival some of the best, while gadget wise, they rival anything Mercedes can do. It's like Mercedes engineers are still using davey(sic) lamps and stoking coal. If it wasn't JLR, I'd prefer to see Honda or BMW form an alliance with Aston Martin.

You Sir, are Ratan Tata, on a bad acid trip, and I claim my £5.

Seriously though, if Gaydon PR office insists on flooding t'internet fora with trolls, to talk up their naff, overpriced, unreliable garbage, can they not employ ones with a modicum more plausibilty, and not ones so transparently rubbish?

Investindustrial went to Mercedes/AMG, not JLR. JLR don't even make any of their own engines for chrissakes. All 'their' engines are either Ford or PSA designs, or in the case of the aging AJ-V8, entirely funded by Ford's deep pockets, a decade and a half ago. Tata/JLR wouldn't know a crankshaft from Victoria Beckham's Big End.

JLR buys in all its gearboxes, from ze Germans(ZF/Getrag) and the Japs(Aisin), as 'black boxes'. Its platforms are all from the Ford-funded era. The new F-type is an overweight, aging XK in drag; the Evoque, a LR2 in drag; the new Range Rover, a ten-year old, Ford-funded XJ X350 platform underneath. Tata's bricking themselves they're stuck with the JLR 'asset', which now requires massive, real investment in new platforms, powertrains, in-car electronic interfaces etc., now that Ford's decent product pipeline legacy from 2008 is run dry. Tata planned to IPO JLR this year for north of $15bn to some saps, but post the Facebook debacle and suchlike fraud, are stuck with JLR indefinitely.

Before you come on here sunshine and spout absolute tripe, check first the readership weren't born yesterday.

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