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Aston Martin denies it's up for Sale

Posted April 10 2008 02:54 AM by staff 
Filed under: Exotic Cars, Aston Martin , Sports


There has been talk of Aston Martin and Mercedes collaborating on some joint venture.



Aston Martin Rally GT front left.jpg

Talk is that the former Ford brand needs to get components from a major car manufacturer to continue to have a good financial standing.

But why Mercedes? Pundits point to the fact that the German company is putting its newest generation SL on a lightweight aluminum platform, not exactly a cheap proposition. Financial pressures, expertise, and technology could thus be shared between the two to mitigate costs.

Thus, there has been talk that Mercedes was interested in buying a stake in the British auto maker. Shares of the company’s stock could be offered on the open market in an IPO within the next five years.

Our take? Right now Aston Martin execs say that the car company is not for sale. And we believe them.

At the moment.


via Auto Car













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