Macedonia Has Considered Aston Martin New Car Plant

Macedonia Has Considered Aston Martin New Car Plant  - British elegance carmaker Aston Martin, which is choosing where to build a new plant to expand its product range and return to profitability, is considering a site in Macedonia, two sources familiar with the matter said.  The Company, which start with a list of 19 possible locations several months ago then narrowed the list down to two British sites, one in the US state of Alabama and a Middle Eastern location, a source told Reuters in December.

But in the latest few weeks the former Yugoslav republic has made an improved offer to the carmaker, which has previously said that any potential financial support is an important factor in making its choice, according to the sources.  Aston Martin, whose owners include Italian private equity group Investindustrial and Kuwaiti group Tejara Capital, is due to make a decision in the next few weeks.

By the way, the Macedonian government and the firm declined to comment when contacted by Reuters. The automaker, famous for making the DB5 sports car driven by James Bond, is aiming to quadruple its total production volume to around 15,000 cars by the turn of the decade and will build its new crossover DBX model at the new plan.