Aston Martin chairman 'delighted' at new investment

The car firm's chairman, David Richards, said:

"I am delighted that Investindustrial has decided to become a major investor in Aston Martin. With the support of the Investment Dar, we have made substantial progress over the past five years in laying the foundations for success as one of the world's leading luxury sports car manufacturers."

– David Richards, chairman

Andrea C Bonomi, senior principal at Investindustrial, said:

"We are delighted to form part of this iconic global, but quintessentially British, brand."

Aston Martin said it planned to invest half a billion pounds in new products and technology over the next five years.