The Audi S5 Arrives in Kuwait

Monday, June 8th, 2009

Kuwait welcomes with open arms the arrival of the much awaited Audi S5. The Audi S5 is the high powered version of the Audi A5 grand touring coupe, bringing the latest 8-cylinder engine vehicle which was initially rumored to come out last Summer.

The Audi S5 is perfect for the motorists looking for luxury cars on a two-door coupe. The S5 carries a spacious grand touring sports car equipped with the usual four full-sized seats along with a generous luggage compartment and a vast array of luxury add-ons that are sure to perk up the expectations of high-end car enthusiasts.

With the introduction of the S5, Audi Kuwait is now offering customers a choice of 3 engines in this range: the A5 with a 211 bhp four-cylinder 2.0 liter turbo and a 265 bhp six-cylinder 3.2 liter; as well as the eight-cylinder 4.2 liter with a mighty 354 bhp on the Audi S5.

(Source) Zawya

Tags: array, Audi A5, audi s5, car enthusiasts, cylinder engine, grand touring, kuwait, luggage compartment, luxury cars, motorists, s5 audi, Sports Car

Posted in Audi | 0 Comments

Investment Dar Selling Aston Martin Stake

Thursday, March 5th, 2009

It looks like Aston Martin will be losing a stakeholder as Investment Dar of Kuwait has reportedly in talks to sell its stake which may end up being under new management. Investment Dar paid Ford over $900 million for its majority stake in Aston Martin back in 2007, but the economic downturn has forced it to reconsider the position.

The group has received several expressions of interest in a stake in the famed marque as a part of the company’s plans to restructure its debt, sources tell the newspaper. Aston’s sales volume in the UK, which accounts for about a third of the worldwide total, fell 25% in the year through October, forcing the company to cut its workforce by one third. Plans for restructuring are expected to be finalized by March 16.

(Source) Financial Times

Tags: Aston Martin, economic downturn, financial times, Ford, kuwait, majority stake, new management, sales volume, stakeholder

Posted in Aston Martin | 0 Comments