December 5, 2003
Shelby and AC join forces again
Los Angeles – Carroll Shelby International and AC Motor Holdings, Ltd. announced that an agreement has been reached between the two companies which will result in a collaborative effort on a very exclusive Shelby/AC Cobra.
This move is being led by Carroll Shelby International, Inc.’s Chairman and Director Carroll Shelby and AC Motor Holdings, Ltd.’s Chairman and CEO, Alan Lubinsky.
“We are very excited for the opportunity to bring AC’s quality and craftsmanship to the Shelby Cobra world once again,” says AC Motor Holdings, Ltd.’s Chairman and CEO, Alan Lubinsky.
Details of the production and launch of this model Cobra will be forthcoming. In addition, the two companies will combine their efforts in areas of marketing, sales, manufacturing, distribution, and product development. The agreement also includes the purchase of an equity stake in AC’s manufacturing facility in the UK by Carroll Shelby International, Inc.