With a new management team already in place, Aston Martin is getting gotten a fresh cash commitment from a big Italian investment firm that should help it move ahead with what is being billed as the most aggressive product program in the British marque’s history.
Among other things, the pledge by Investindustrial SpA could permit Aston Martin lagonda Ltd. To add its first crossover-utility vehicle to the line-up of products it plans to introduce in the next half-decade. Aston has laid out plans to double sales to 8,000 vehicles annually as its line-up expands.
“Aston has an industrial plan which is growing in its ambitions and we have always planned to participate in all funding needs that Aston has,” said Investindustrial Chairman Andrea Bonomi speaking to reporters in Milan. “If Aston needs capital, we’re there.”