NEWS: Report: Daimler Considering Aston Martin Buyout?

March 18, 2014
Dieter Zetsche
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Last year, Aston Martin and Mercedes-AMG GmbH entered into a technical partnership, with Mercedes-Benz taking a five percent stake in Aston Martin. Now, with rumors circulating that Daimler—Mercedes-Benz’s parent company—is looking to acquire the British supercar company, Daimler chief Dieter Zetsche has all but denied that a move like this is in the plan, according to a report from Autocar.
Speaking about Aston Martin, Zetsche told Autocar, “This is a fantastic brand, and we are willing to support its further development.” Though this sounds cryptic, Mercedes-Benz has previously expressed desires to extend the partnership with Aston Martin; Aston Martin has lacked corporate ownership since being sold by Ford in 2007.
As the current plan for the technical partnership stands, Mercedes-Benz AMG will supply and manufacture a V-8 engine for the next-generation Aston Martin Vantage. This engine is likely to be a twin-turbocharged V-8 which will be shared with upcoming Mercedes-Benz AMG models. Ever since the partnership was formed though, reports have claimed that the two companies may want to expand into platform sharing, possibly for the rumored Aston Martin Lagonda SUV. According to rumors, it could be based on the next Mercedes GL-Class SUV.
Since Zetsche has not completely ruled out the possibility of a buyout, stay tuned for more news about the partnership between Mercedes-Benz and Aston Martin.

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