Car Manufacturers: Uk Investors and Service Providers

car manufacturers: It doesn't sound like much, according to The Guardian. But UK investors are notoriously averse to the thrills and spills offered by car manufacturers, preferring the more esoteric world of outsourcers, service providers and financial firms. The Aston Martin chief executive has done something this week that nobody has done for almost 30 years float a car company on the London Stock Exchange. Aston Martin Lagonda debuted on Wednesday at 1,900p, valuing the James Bond carmaker at 4.3bn. Aston Martin IPO disappoints as luxury carmaker's value falls Read more In an upstairs room at the London Stock Exchange, immediately after the first dealings, Palmer looked tired but elated probably just like a boss should look after dragging a loss-making carmaker back from the brink of extinction to the floor of the London Stock Exchange inside four years. It sold 25% of the company's shares just below the middle of its price range but the stock quickly hit the skids, closing at 1,810p by the end of the first day's trading and slipping further, to 1,748 by Friday lunchtime. (news.financializer.com). As reported in the news.