Aston Martin News and Rumors

Controlling stake in the British automaker put up for auction.

The main investor and the owner of 64% of Aston Martin, the Kuwaiti company Investment Dar Co attracted buyers to search consulting firm Rotsshild. Work on the sale of a controlling stake is has been going on for several months.

One of the most likely buyers sources called Indian automaker Mahindra & Mahindra Ltd. Another potential buyer could be Japanese car company Toyota.

The deal is hampered too high price that the owners want to get. Investment Dar intend to sell shares in Aston Martin for $ 800 million, or nearly the same price for which they bought shares in 2007 from a previous owner, the company Ford Motor.

And the reason for sale not in the brand, and in the financial debt that Investment Dar Co should soon pay off. However the funds will be used to reorganize the company's debt of $ 4.9 billion, which appeared after missing payments on Islamic bonds in 2009.

The famous James Bond Aston

Toyota hired a month earlier special auditor to conduct financial investigations week to buy a majority stake brand Aston Martin, but his actions did not comment.

Aston Martin - the world's only global luxury brand, beyond which there is a large car manufacturer or association. However, in light of current trends in the industry only large automaker can help the British to stay afloat.