Latest Car News in India

Monday, November 26, 2012

By Manoj Kumawat

Mahindra may buy stake in Aston Martin this week

It is after taking over Korean car maker Ssangyong and tasting success instantly that Mahindra seems to have gained confidence. And it is following this confidence and in a hope to become the world level car maker, the Indian SUV maker is almost about to buy British car company Aston Martin. In India, Aston Martin cars include, Aston Martin DB9 which is priced at Rs 1.90 crore to Rs 2.05 crore to the most expensive car Aston Martin DBS that has a price tag of Rs 2.70 crore. Thus as soon as the deal is final, one can see more of such cars coming to India. Though there is little presence of the brand in India as these are really plush cars but worldwide and specially in Europe, the luxury sports cars are a great hit and are considered for their lush and plush interiors and exceptional engine power.  



Mahindra Quantro Pictures

See More Mahindra Quanto Photos Get Mahindra Quanto Price
It also seems that Mahindra has an obsession with sports cars. Be it the sports utility cars that it has launched in India including the recent one Mahindra Quanto that is becoming the hot favorite of youth who wish to upgrade to their dream SUV. For those who wish to have the ultimate SUV from Mahindra stable can have the world car – Mahindra XUV 500. Meanwhile the iconic Mahindra Scorpio and Mahindra Xylo are in fact the all time favorites of the people of India. The recent entry of Mahindra Rexton has now added a luxury SUV to the stable and it now gives people more options. This car takes on Toyota Fortuner head on in the segment.  

Aston Martin DBS Pictures

See More Aston Martin DBS Pictures Get Aston Martin DBS Price


As per reports, Mahindra is in talks with Aston Martin investors and it could be possible that it could outbid Investindustrial, an Italian contender in the 50 percent buyout. The deal is expected to be finalized around £120-200 for 40 percent stake which the Indian car maker can anytime raise to 50 percent stake. Currently AM is owned by Kuwati consortium of financial sponsors. The final picture will be clear this week.

Comments (1)


Monday, November 26, 2012

Gradually the flags of Indian car makers are flying in broad. After Tata, the Mahindra will be the owner of a British car firm. Tata has given new breath to Jaguar Land Lover and now Mahindra will rise the Aston Martin. It is very that Indian car makers are toughing new sky in this segment.

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