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This article was first published 13 years ago

Aston Matin is here at Rs 20 crore a piece!

Last updated on: April 15, 2011 17:42 IST

Image: Models will be available from Rs 1.35 crore to Rs 20 crore.
Photographs: tuningnews.net
English sports brand Aston Martin on Friday vroomed into the domestic market with a bang, offering as many as 10 models from its luxury cars.

To begin with, these completely built units will be available in the metropolis for a price range of Rs. 1.35 (Rs. 13.5 million) to Rs. 20 crore (Rs. 200 million).

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Aston Matin is here at Rs 20 crore a piece!

Image: India a new opportunity: Aston Martin.
Photographs: sportscarrentlasvegas.com
"India represents a new opportunity for us and as part of our programme of growing the reach of the global Aston Martin dealership network, this expansion brings our brand to a different audience in a new market," said Aston Martin chief commercial officer Michael van der Sande.

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Aston Matin is here at Rs 20 crore a piece!

Image: Aston Martin will offer whole range of cars.
Photographs: sriweblogics.com
Aston Martin will offer its whole range of cars except the Cygnet in the country - from the basic V8 Vantage to the ultra-exclusive One-77 Hypercar.

The Gaydon, England-based luxury carmaker, has tied up with Performance Cars (a division of Infinity Cars) to open its first showroom here.

The second dealership will be opened in New Delhi shortly.

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Aston Matin is here at Rs 20 crore a piece!

Image: It expects to sell 30 units by year-end.
Photographs: wdzydze.mmedia.pl
Sounding bullish, van der Sande said the company expects to sell as many as 30 units by the end of this year in the country.

Explaining his enthusiasm about the potential of this market, van der Sande said: "Our decision to bring the Aston Martin brand here is driven by a strong level of interest from potential customers in an emerging luxury market."

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Aston Matin is here at Rs 20 crore a piece!

Image: Aston Martin says it has selected strong partners.
Photographs: carsdesigns.com
"We have taken our time to find the right advocates for Aston Martin and I am confident that we have selected strong partners with whom we look forward to starting a successful relationship," said van der Sande.

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Aston Matin is here at Rs 20 crore a piece!

Image: Aston Martin manufactures 8,000 units per year.
Photographs: newcarscollection.com
The company has two facilities in England and Australia and manufactures around 8,000 units per year.

The company has 134 dealers in 42 countries.

On the potential for his brand, globally, he said: "We expect our 25 per cent sales will come from Asia and the Middle East in the next five years."

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Aston Matin is here at Rs 20 crore a piece!

Image: Company has recently entered many emerging markets.
Photographs: carautoportal.com
As part of the company's ongoing expansion plans, the company has recently entered into Brazil, Chile, Croatia, Czech Republic, Greece, Taiwan and Turkey seeking continued growth in new markets as well as emerging markets, including China and the Middle East.

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Aston Matin is here at Rs 20 crore a piece!

Image: Aston Martin was acquired from Ford in 2007.
Photographs: autos.webhostingovervi
In 2007, a joint venture company, headed by David Richards and co-owned by Investment Dar and Adeem Investment of Kuwait and English businessman John Sinders, acquired Aston Martin from Ford for 479 million pounds.

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