New investment in the luxury car marker Aston Martin by Italian investment company InvestIndustrial has been welcomed today (Friday 7 December) by Unite, the largest union in the country.
Unite, the sole trade union at the company, said it will be asking for a meeting with Aston Martin’s management to seek assurances on the long-term future of the 1,800-strong workforce and how the new investment will be utilised to expand the model range.
Unite regional officer Tim Parker said: “Unite welcomes the news from Aston Martin of a major new shareholder in the business - InvestIndustrial - which has now taken a 37.5 per cent stake in the company.
“We are especially interested in Aston Martin’s announcement of a £500 million ‘extensive new development’ plan to ensure a sustainable long-term future for the company, which includes expanding the model range and strengthening the dealership network.
“We are requesting an urgent meeting with Aston Martin and its owners Investment Dar of Kuwait to explore the specific details of this development plan.
“We also want to seek assurances both on how the investment plan will be put into operation, and the securing of the long-term future of Aston Martin and our members employed there."
For further information please contact Unite senior communications officer Shaun Noble on 07768 693940
- Unite is Britain and Ireland’s largest trade union with 1.5 million members working across all sectors of the economy. The general secretary is Len McCluskey.