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)

toyota quality in gorgeous Aston sheet-metal - not a bad idea..
Dec 27, 2012 8:17 am
0 0
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
Nov 15, 2012 3:17 pm
0 0
im not surprise... the cygnet is a sign of what toyota has to offer...
Nov 11, 2012 9:39 pm
0 0
I dont care who owns aston aslong it still has the 'bite the back of the hand' looks and the ear melting soundtrack
Nov 11, 2012 5:55 pm
0 0
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 the current line up of Vantage/DB9 and their V12 is definitely outdated.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.
Nov 11, 2012 12:45 am
1 2
The LFA is overpriced, yet Toyota still loses money with each they sell.And it took them more than two years to sell all the 500 units, that's after they spent 9 years developing the car.That's not what Aston Martin needs. I think BMW would be a better choice, they made Rolls Royce profitable and they have the proper pedigree to make luxury GT cars.
Nov 11, 2012 1:50 pm
2 2
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.
Nov 10, 2012 7:28 pm
0 1
BMW here's your chance to bring back the V10 and keep the V12 alive.
Nov 10, 2012 6:05 pm
2 1
I have always wanted BMW to buy aston (because VW has Bentley). It could do wonders with Aston
Nov 11, 2012 6:37 am
2 1
totally agree. Is one of the best solutions for Aston, but I think the Tata management hast prove they can do very well with Land Rover, keeping it financially clean and independent in Design & Branding. It could be a verry good deal to share developement cost with Jaguar and Land Rover. The Daimler Board prove they are unable even to keep Maybach alive, how they will do with Aston? even they have a very black future at the moment. Toyota is teoritically the best fit, because they have the best engineering and quality capacity you can get and tons of money ,and ,in the other side, Aston have the best Design and Branding power. The problem I see is that those Japanese board members do not rely in any non-Japanese executive and they have no idea of branding, so they are able to destroy Aston in a few years if they do not give to Aston the correct independency. BMW is a good fit and they already prove with mini and Rolls Royce they can do it very good with the english Brands, and it has lot of sense to share premiun platforms and components like they already have and don't need to develope like Toyota should do.
Nov 11, 2012 7:13 am
2 1
BMW is a good fit and they already prove with mini and Rolls Royce they can do it very good with the english Brands, and it has lot of sense to share premiun platforms and components like they already have and don't need to develope like Toyota should do.
Nov 11, 2012 7:18 am
0 0
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.
Nov 10, 2012 4:46 pm
0 0
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!
Nov 10, 2012 3:57 pm
2 1
Go toyota go, it would be great for aston, unlimited money for R&D
Nov 10, 2012 9:18 am
0 1
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.
Nov 10, 2012 8:44 am
1 1
Is Aston not making money enough or they can't stand competition?
Nov 10, 2012 5:18 am
1 0
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 :(
Nov 10, 2012 3:25 am
2 1
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.
Nov 10, 2012 1:25 am
3 2
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.
Nov 10, 2012 1:22 am
3 0
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..
Nov 9, 2012 7:22 pm
6 4
I don't think you're being even remotely serious. Yes, Toyota does generally make boring cars, but at least they are among the biggest global car sellers. Being back by a world-wide successful company(regardless of how boring their cars are) is better than going completely bankrupt or owned by a not so successful company(which often leads to the bought company to go bankrupt anyway).
Nov 9, 2012 7:33 pm
5 2
I don support a company going bankrupt, the feel of people loosing their jobs this time is not healthy. Top management are to blame for this as aston could have made a lot of money with their v8 vantage. Their cars are way over hyped and needs the come down from their pride.
Nov 11, 2012 4:06 am
1 1
What happened to Mercedes wanting to buy Aston. I much rather have Diamler own Aston than Toyota
Nov 9, 2012 4:58 pm
3 4
these days merc are having pbems holding their own, as u see... i mean read. nevermind buying another brand. i see toyota a far better candidate, with a far better mangement than MB
Nov 9, 2012 7:11 pm
3 3
agree. mb is busy chasing audi downmarket... not the way to go. unlike vw group, mb is not really that interested in other brands after the chrysler deal.
Nov 11, 2012 12:40 am
0 1
Daimler doesn't need Aston Martin , they already have they AMG cars, but AM would be something for BMW, they already have Rolls Royce, Why not Aston Martin too ?
Nov 11, 2012 1:44 pm
0 1
This is great news and I hope it happens, i've always matched up Toyota and Aston in my mind..
Nov 9, 2012 3:50 pm
1 6
so fulloshit...
Nov 10, 2012 9:08 am
1 1
Easy there soldier. Whether you agree or disagree, TMC's finance and knowledge will provide a better future for AML than any other buyer. Come on, make a sensible comeback...
Nov 12, 2012 3:04 pm
0 1
Mr. Bond, your Toyota 2000GT is resurrected.
Nov 9, 2012 3:45 pm
7 0
Being back by Toyota, I can only see it doing good to Aston Martin's R&D
Nov 9, 2012 3:02 pm
4 2