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Aston Martin up for sale, Toyota could be interested - report

 Aston Martin up for sale, Toyota could be interested - report
Aston Martin AM 310 Vanquish 10.09.2012

Mahindra & Mahindra could also be interested

Aston Martin's largest shareholder, Investment Dar Company, has reportedly approached several suitors about the British brand.

The Kuwaiti company is reportedly looking to sell their 64 percent stake in Aston Martin and is rumored to have hired the Rothschild Group to advise them during the process. Little is known about who is interested in the company, but two sources have told Business Week that Mahindra & Mahindra is one possible candidate.

Another, more surprising, possibility is Toyota. A source familiar with the matter said the company hired an auditor to conduct a preliminary review of Aston Martin less than two months ago.

Investment Dar is reportedly asking $800 (629 / £503) million for their stake which would allow them to recoup what they invested when they bought Aston Martin from Ford in 2007. Breaking even isn't ideal from an investment standpoint, but Investment Dar reportedly needs the funds to reorganize $4.9 (€3.8 / £3.0) billion of debt after missing a payment on an Islamic bond in 2009.

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Comments (35)

 ART ART
toyota quality in gorgeous Aston sheet-metal - not a bad idea..
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December 27, 2012 8:17 am
 Charliescars Charliescars
Toyota should buy astonmartin it would be best for both of them astonmartin can use toyotas engines to create more fuel efficient engines and toyota can use the british styling and performance to put in their new toyota supra to compete with the new performance supercars
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November 15, 2012 3:17 pm
 AbsMunim AbsMunim
im not surprise... the cygnet is a sign of what toyota has to offer...
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November 11, 2012 9:39 pm
 Prestige15 Prestige15
I dont care who owns aston aslong it still has the 'bite the back of the hand' looks and the ear melting soundtrack
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November 11, 2012 5:55 pm
 M! M!
Aston Martin has been lacking impetuous in their car line up until the One-77 and new Vanquish. the current line up of Vantage/DB9 and their V12 is definitely outdated. Toyota is #1 in the world in spending money in R&D. LFA shows us what Toyota can do. love to see some excitement from Aston and more importantly win more races.
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November 11, 2012 12:45 am
 techie69 techie69
Nobody doubt that the naysayers are now eating their words of how beneficial Tata has been to Jaguar, so Mahindra is a good choice, but Toyota's quality and tech would really make Aston a super-contender and at the same time give cred Toyota if it worked well with a non-Japanese co.
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November 10, 2012 7:28 pm
 dbehmoaras dbehmoaras
BMW here's your chance to bring back the V10 and keep the V12 alive.
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November 10, 2012 6:05 pm
 siranto siranto
I'm surprised Aston Martin remained independent this long. But I don't think the Japanese companies are the type to be white knights. Its probably going to be the Chinese or the Indians.
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November 10, 2012 4:46 pm
 Joao Oliveira Joao Oliveira
it would be nice to see some LFA tech get into the astons... LFA has some nice engeneering touches that could bring the aston to another level. And don't forget the parternership betweem Toyota and yamaha... Imagine a V12 Aston tuned by yamaha... jeeeezzzz!
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November 10, 2012 3:57 pm
 DarkoInem DarkoInem
Go toyota go, it would be great for aston, unlimited money for R&D
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November 10, 2012 9:18 am
 TomasramonCorrea TomasramonCorrea
If Mahindra buys the shares both Jaguar (Tata),and Aston Martin will be owned by Indian companies. How ironic. I think AM and Toyota would be mistmatched at best, but on the other hand, Toyota┬┤s money and reputation could do wonders for Aston Martin.
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November 10, 2012 8:44 am
 buruchaga buruchaga
Is Aston not making money enough or they can't stand competition?
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November 10, 2012 5:18 am
 Tron117 Tron117
Sad times for the motoring world. Why can't a brand/company that'd be good and fitting to Aston Martin look at buying it, instead of Toyota or Mahindra :(
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November 10, 2012 3:25 am
 Cohiba-lover06 Cohiba-lover06
BMW would be a shoe-in. They need a SPORTIER brand in their line up aside from Rolls. VW/Audi have Bentley, Bugatti, Duccati. So they too need a halo sports car. Bond, a while back drove a Z8..... So there must be a way.
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November 10, 2012 1:25 am
 Cohiba-lover06 Cohiba-lover06
A the fickle business of having to accept Arab investment. That can turn on you on a dime (pun intended). No tradition, no loyalty, no history, no consideration. Today it can be cars, tomorrow, airlines, then again banks to them: its only money. Let this be a lesson to all of you angleing for the Arab dough.
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November 10, 2012 1:22 am
 lambocop lambocop
Oh no..please not toyota..the company making one of the most beautiful cars ever being owned by the company that makes the absolutely most boring cars in the world.. I rather Aston Martin shuts down and ceases to exist to be honest..
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November 9, 2012 7:22 pm
 SnakesInMyPants SnakesInMyPants
What happened to Mercedes wanting to buy Aston. I much rather have Diamler own Aston than Toyota
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November 9, 2012 4:58 pm
 Kakumbaz Kakumbaz
This is great news and I hope it happens, i've always matched up Toyota and Aston in my mind..
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November 9, 2012 3:50 pm
 MerHC MerHC
Mr. Bond, your Toyota 2000GT is resurrected.
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November 9, 2012 3:45 pm
 MTC MTC
Being back by Toyota, I can only see it doing good to Aston Martin's R&D
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November 9, 2012 3:02 pm
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