Aston Martin has confirmed Investindustrial as its major shareholder and now hopes to proceed with its extensive and exciting plans for sustainable long-term growth. Aston Martin Chairman David Richards said: “I am delighted that Investindustrial has decided to become a major investor in Aston Martin. With the support of The Investment Dar, we have made substantial progress over the past five years in laying the foundations for success as one of the world’s leading luxury sports car manufacturers. Investindustrial’s new investment reflects and sustains the unique position of Aston Martin within the industry. With this partnership and the continued commitment of The Investment Dar, we look forward to working with our shareholders as we realise our vision and exciting future plans.” Andrea C. Bonomi, Senior Principal at Investindustrial, comments: “We are delighted to form part of this iconic global, but quintessentially British brand. We are looking forward to working with the management and Investment Dar to achieve a similar transformation and rejuvenation that we achieved with Ducati, by expanding the model range and strengthening the dealership network, throughout the world.” Adnan Al-Musallam Chairman & Managing Director of The Investment Dar said: “We welcome Investindustrial as new partners in our collaboration with Aston Martin. With our continued commitment and the support of Investindustrial, Aston Martin is in a strong position to pursue its plans for development.” Investindustrial is investing £150m in Aston Martin in the form of a capital increase for a 37.5 per cent stake in the company.
Dylect, one of India’s fastest-growing lifestyle electronics brands, has unveiled its latest innovation in automotive technology — a range of smart dashcams designed to promote road safety, accountabi...
Audi, the German luxury car manufacturer, has launched the Audi Dash Cam in India. Priced at Rs 68,000/-, the Audi Dash Cam represents a leap forward in in-car surveillance and security technology. It...
Bentley engineers have partnered with Akrapovic, world leaders in performance exhausts, to offer an optional Titanium Akrapovic Exhaust for the latest Continental GT, Continental GT Convertible and Fl...