Sunday, May 27, 2007

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Aston Martin statement on new shareholders

"Aston Martin is pleased to announce the start of a new chapter in its illustrious history following the announcement today that the prestigious sports car manufacturer has been sold to a consortium led by David Richards, John Sinders, Investment Dar and Adeem Investment, ending almost twenty years as part of Ford Motor Company.

"The consortium is a group of sophisticated investors who are committed to the brand, its success and existing business plan which envisages growth, profitability and new products, including the much acclaimed four door concept Rapide, shown for the first time at the Detroit Auto Show in 2006.

"With the full support of the investors, Dr Ulrich Bez remains committed to the future success of Aston Martin and will lead the management team into a new era as its Chief Executive.

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