Sunday 19 May 2013
 
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Aston Martin

Aston Martin to open new UAE centre

Aston Martin, a world-renowned sports luxury automotive brand, has announced it will open a standalone service center on Sheikh Zayed Road by mid-2013.   The service center will be the first facility servicing strictly for As

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Aston Martin sees Italian cash drive sales up

Aston Martin, owned by Kuwaiti investment house Investment Dar, hopes its new minority private equity shareholder will bring resources that will help the British luxury carmaker launch the next generation of sports cars and expand its market pre

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Aston Martin unveils $1bn investment plans

Aston Martin plans to invest $1 billion in new products and technology after Italian private equity fund Investindustrial agreed to buy a minority stake in the British luxury carmaker. Investindustrial is buying 37.5 per cent for

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Aston Martin opens new showroom in Dubai

Aston Martin, the exclusive luxury car marquee, has launched its new state-of-the-art showroom in Downtown Dubai, near the Burj Khalifa. The opening comes as Aston Martin re-launches itself in Dubai to better serve customers that

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Mahindra ahead in Aston Martin race

India's Mahindra & Mahindra group, the world's biggest tractor manufacturer, is the frontrunner in a bidding war to buy a large stake in flashy British sportscar maker Aston Martin, which is owned by Kuwait-based finance firm Investm

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Italy fund, Indian carmaker in race for Aston Martin

Italian private equity fund Investindustrial and Indian car maker Mahindra have made competing bids for 50 per cent of British luxury car maker Aston Martin, owned by Kuwaiti investment house Investment Dar, with a deal expected over the weekend

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Investment Dar names Al-Humaidhi as new CEO

Investment Dar, the Kuwaiti firm restructuring $3.6 billion in debt, named its vice president Abdullah Al-Humaidhi as its new chief executive, it said in a statement on Monday. The appointment follows a court ruling that approved the compa

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Kuwait's Dar plans $1.69bn assets sale

Kuwait's Investment Dar, owner of half of luxury carmaker Aston Martin, proposed asset sales of about $1.69 billion over three years to creditors to restructure its debt pile, banking sources said Wednesday. Dar, as part of a $3.58 bil

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Aston Martin launches new sports car

Aston Martin, the British manufacturer of luxury sports cars, has introduced a new brand of sports car - the Virage. The Virage’s front mid-mounted V12 engine’s torque delivery provides outstanding performance, coupled with the car’s

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Aston Martin names new Mena manager

Aston Martin has announced the appointment of Mark Kenworthy as its new automotive general manager for the Middle East, North Africa and India region. 'The Middle East remains a vitally important market for Aston Martin,' said Kenw

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