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Old 08-02-2002, 09:34 AM
sambrozy sambrozy is offline
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Aussie cash rescues a classic by Julian Rendell, The Age, Monday July 29, 2002

A refinancing package for a classic British sports car manufacturer has come from an unlikely place: Australia.

AC Motor Holdings Ltd, a new holding company in Malta, has announced that it has bought the whole of Britian's oldest car maker, AC Cars....


The new company has also secured a contract with a US importer for sale of the alloy-bodies Mark III, an updated version of the Cobra original, which will be produced at AC's existing plant in Frimley, England.
...

Stan
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