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Daimler Increases Stake in Aston Martin

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Old 08-11-2014, 05:39 PM
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Daimler Increases Stake in Aston Martin



According to Bloomberg, Daimler, the parent company of Mercedes, has once again increased its stake in Aston Martin to a total of 5 percent. We've known for a while that Mercedes has been helping Aston, even inking a deal to supply the automaker with brand-new AMG engines. What isn't clear is where this partnership is heading.

Mercedes and Daimler have been expanding lately, even being linked to a proposed deal to purchase motorcycle maker MV Agusta earlier this year. Now with the expansion of investment into the British marque, more talk is going around that Daimler could just buy up a controlling stake in Aston.

Read the rest on the MBWorld homepage.

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