Aston Martin expands into Morocco, opens first North Africa dealership in Casablanca

MOROCCO – Aston Martin, British independent manufacturer of luxury sports cars and grand tourers, has announced plans to open its first dealership in Morocco’s coastal city of Casablanca before the end of June. According to Morocco World News, not only will the dealership be the first of the British carmaker’s in Morocco, but the first in North Africa. Aston Martin said that it will open its showroom – a 400 square meters large off Casablanca’s Boulevard Sidi Abderrahmane- with “Global British Motors,” a subsidiary of the holding company Bugshan Maroc.…

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Investors pump US$553m into struggling British car maker, Aston Martin to save it from near collapse

UNITED KINGDOM – Aston Martin, a British independent manufacturer of luxury sports cars and grand tourers has received a a 500-million-pound cash injection from investors led by Canadian billionaire Lawrence Stroll. Analysts say that the new cash injection will help stabilize the finances of the the cash-strapped vehicle manufacturer even as it moves ahead with plans to produce its first sport utility vehicle (SUV). Stroll agreed to buy up to 20% of the 107-year-old company and will become the Executive Chairman of James Bond’s automaker of choice, which has gone…

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