Friday, November 9, 2012

Aston Martin being shopped around?

Aston Martin being shopped around?

Just last month, we heard rumors of a possible collaboration between Lotus and Aston Martin, but while we assumed this meant trouble for the Malaysian-owned Lotus, it could have been Aston Martin reaching out looking for a buyer. Businessweek reports five unnamed sources have stated that Investment Dar, Inc., the Kuwaiti-based majority shareholder of Aston Martin, has been reaching out to potential buyers for the brand. It sounds like the leading candidate for a buyer so far is Mahindra & Mahindra Ltd., but the hold up so far might be the money Investment Dar is looking to get out of its stake.

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