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Aston Martin News |
American auto makers are not the only ones who undergo some hard times. Investment Dar, the Astin Martin investor from Middle East, says it is time to consider the selling a minor part of the shares of the British manufacturer.
Reuters claims even if some of the stock is sold, the company will still be the main shareholder. Investment Dar is watching the initial public offers on London Stock Exchange in 3-5 years. The Chairman Richards says the company will probably divest 50% Aston stake by 2013.
Meanwhile, the British manufacturer works on the new project for the 2009 Geneva Auto Show in spring. The first computer-designed image appeared at 4WheelsNews.com showing the rear three-quarter view of the Rapide. The upcoming sedan has panoramic glass roof merging into the rear windshield, fastback rear end and bulging rear fenders. Rapide is expected to be a 500-horsepower car.
Article key: Aston Martin, New Car, American auto, 2009
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