Mahindra likely to invest in Aston Martin

Nov 29, 2012: Another iconic car maker’s fate seems to be in the hands of an Indian automobile major. Following Tata’s iconic investment in Jaguar, now it is Mahindra and Mahindra who is likely to invest in British car marker Aston Martin. As per the reports, this deal is likely to be finalised this week. To start with M&M may have a minority stake of 40%, but can eventually raise it to 50% for assuming a strategic role in the affairs of Aston Martin.