Engine-Supply Deal Gives Daimler 5% Stake in Aston Martin

Newswire

  FRANKFURT, Dec 19 (Reuters) - Germany's Daimler said it will receive up to a 5 percent stake in luxury sports carmaker Aston Martin in exchange for supplying engines and electronic components to the 100-year-old British firm. Aston Martin will team up with the German car maker's high-performance Mercedes-AMG GmbH division to develop a new generation of bespoke V8 engines for its sports cars. The deal will help Aston Martin, the only global luxury carmaker not attached to a ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Feb 10, 2017
Video
WardsAuto

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×