Kuwait Group announces that it has received offers to sell its stake in Aston Martin!

And get a load of this; Investment Dar said the offers are worth $720 million, about 50% more than what they Kuwait based company paid to get the stocks two months ago! In case you missed the Aston Martin episode, we remind you that Kuwait’s Investment Dar was part of a consortium lead by Prodrive owner David Richards that paid $925 million to acquire the British firm from Ford. The Kuwaiti holding company took a 50 percent of that stake, while it should be noted that Ford retained a $79.8 million (40 million pounds) investment in Aston Martin.

Investment Dar Executive Vice President Amr Abou El Seoud said in a statement to Reuters, “We’re getting bids at a 50 percent profit”. However, Seoud added, “We have a plan and strategy that we would love to see implemented before thinking seriously about selling”. If the Kuwaiti holding company is speaking truth and its not some kind of a trick on their behalf, some people down at FoMoCo must be feeling pretty damn awkward. Via: Automotive News

Technorati: Aston+Martin, Ford, automobile, cars, automotive, vehicles, autos, Carscoop, blogs, 2007, images, pictures

This Shed Is Probably Faster Than Your Car – Wait, What?

The small building on wheels started life as a Volkswagen Passat and is powered by an Audi RS4 V8 engine.

Land Rover Defender Flying Huntsman 6×6 Goes For Almost $300K!

Apart from the extra axle, this Defender features a pickup truck conversion and a ‘Vette-sourced, 430 HP V8.

This Is How The 2020 Mercedes-Benz S-Class May Look Like

The revamped S-Class will feature taillights similar to the current CLS, but the rest of its design is, right now, just speculation.

Black Honda S2000 Club Racer Is Very Rare, Desirable, And Relatively Affordable

The CR uses the same 237 HP naturally aspirated four as the regular S2K, but sports some chassis and bodywork mods.

Is Porsche Understating The New 911 Carrera S’ Power Figures?

Officially, the twin-turbo flat-six churns out a very respectable 443 HP, but in reality, that number could be closer to 480 HP.

Pay $20 For A Chance To Win A 2020 Toyota Supra And Support A Good Cause

Money raised from this Supra Launch Edition raffle will benefit a children’s hospital.

2020 Porsche 718 Cayman GT4 Meets 991 GT2 RS, 997 GT3 RS For A Tire-Slaying Fest

How does the new 718 Cayman GT4 compare to two of the finest 911s Porsche’s GT division has ever created?.

2019 Mercedes-Benz CLA: Mini CLS Or Sleeker Alternative To The A-Class?

The new CLA is a good daily driver and a quality item, so if you don’t mind the cramped back seat, go for it.

It’ll Cost You $26k To Make Your Vantage Look Like This, Get An Extra 90 Horses

While the price does seem steep, bear in mind that this is a $150k Aston, and the list consists of quite a few upgrades.

Suzuki Jimny Shows Its Off-Roading Prowess Against A Triumph Scrambler

With a mere 101 HP, power is not the Jimny’s strong suit. It’s off-road capabilities, though, are, but do they suffice against the Triumph?.