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Potential Engine Supply Pact for Aston Martin and Daimler

May 9, 2013

According to a report via Bloomberg, Mercedes-Benz's parent company, Daimler AG, is currently engaged in talks with Aston Martin for a deal that could potentially make Daimler an engine supplier for the British luxury automaker. While a Daimler spokesperson has indeed confirmed that there are talks, it was also stated that there has not been any decision yet on the matter. According to a source of the publication said to have knowledge of the deal, Daimler is the preferred partner when it comes to engaging in a supply deal, as designated by Investindustrial, the private equity fund who is currently backing Aston Martin and has a 37.5-percent stake in the... Continue Reading »

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