Kuwait-linked Aston Martin plans to invest $1bn - Banking & Finance - ArabianBusiness.com

Aston Martin 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 presence, its CEO Ulrich Bez said on Thursday.
The maker of sports cars, made famous by James Bond spy movies, plans to invest $1bn in new products and technology after Italian private equity fund Investindustrial bought a 37.5 percent stake last month via a capital increase agreed with majority Kuwaiti owner Investment Dar.
"First of all it brings the money to the company, which we can use for the next generation of products from 2015 to 2025," Bez told Reuters after a helicopter lifted a red Vanquish to the top of Dubai's iconic sail-shaped Burj Al Arab hotel in a stunt to celebrate the centenary of the brand.
Kuwait-linked Aston Martin plans to invest $1bn - ArabianBusiness.com