If something is announced, it still may not happen. That’s what we’ve learned when reading the so-called “news” these days. The latest to fall within this maze is yet another consortium out to buy Aston Martin. David Richards, founder of Prodrive, seems to be having difficulty in getting the debt financing to close the deal. People in the know claim that he still hasn’t assembled the 450 million pounds (over $880 million) as of last week.
Our take? While we love Aston Martin, maybe it’s time to let it die. It’s had a good life. Besides, Ford could always resurrect the exotic marque by renaming Jaguar, whose new cars already look like Martins.
Via FT Alphaville