A report from Reuters says that Ford may announce the sale of Aston Martin for more than £450 million ($865 million) some time this week. The news of the sale of Aston Martin picked up a lot of attention in late January with a false rumor of Louis Vuitton looking to by the premium brand from Ford. Early last month it was reported that private equity firm Doughty Hanson and Simon Halabi submitted second-round offers for Aston Martin in an auction being run by investment bank UBS AG.
We’ll see what happens this week. Aston Martin sales increased by around half last year to about 6,500 cars.
[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, Aston Martin[/tags]