Monday, March 12, 2007

Ford Will Sell Aston Martin Division To Kuwati Business Interests

As yet another sign of the sagging fortunes over at Ford, the Aston Martin high end sports car brand will be sold to Kuwati business investors. This represents an attempt by the company to cut free anything not seen as essential to the company's long term survival or highly productive in profits.

The move also proves the growing strength as well as diversification of MidEast business interests far beyond the oil industry. Business interests from Kuwait, Saudi Arabia and the UAE have recently proven great strength in business outside of the MidEast, purchasing existing businesses in other nations such as the U.S. and Britain. Unfortunately, as foreign business interests strengthen, so does their lobby and other interests to have far more influence over foreign and trade policy as well. China is a prime example of a nation with such strong U.S. trade and U.S. bond ownership that it was able to hold great sway over trade policy in the last Congress.

0 Comments:

Post a Comment

<< Home