08-02-2002, 09:34 AM
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Join Date: May 2000
Location: San Jose, CA,
Posts: 402
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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.
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Stan
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