FIND A CAR REVIEW

Advertisement

Ads by Google


Page 1 of 1 (4 items)
Sort posts Rate this thread
  • Fears over Aston's future

    Sep 28, 2009 7:02 PM

    Fears have been raised over the future of Aston Martin after Kuwait’s Investment Dar, which owns half the company, admitted problems refinancing its debt.

    Investment Dar has been hit hard by the economic downturn and said it has signed an agreement with investors and creditors to freeze claims, which would buy more time for restructuring.

    A consortium led by Dave Richards bought Aston Martin from Ford in 2007, with the agreed price of £480m for the majority stake.

    The Dar’s ...Read the full article
    • TStag
    • Joined Mar 12, 2009
    • 406 Posts
    • Status: Offline

    Re: Fears over Aston's future

    Sep 28, 2009 10:27 PM

    TATA motors should buy them and make the Rapide in one of their West Midlands plants...

  • Re: Fears over Aston's future

    Sep 29, 2009 12:15 AM

    If this great brand are in trouble its a sad day for all car enthusiasts.Aston Martin is the most desirable car manufacturer  imho.

  • Re: Fears over Aston's future

    Sep 29, 2009 8:00 AM

    Maybe Magna should buy them. They already make the Rapide in their Austria plant; would be a way to protect the contract. Besides, AM's boss, Dr Bez, is a German and AM's engines are made in Cologne. All we need is for Magna to offer a nominal sum, say £5m to buy it, and have UK govt loan it say £500m to fund new projects, repayable over four years.

Page 1 of 1 (4 items)
Back to top

All about Autocar

Newsfeeds

Subscribe to our news with our RSS feeds

Advertise

To advertise with Autocar contact us

Buy our magazines

Discover our titles at themagazineshop.com

Autocar latest issue - cover 8.2.12

NEW ISSUE OUT NOW

FAST, EASY & SECURE
SUBSCRIBE NOW>>