Daimler Still Considering Purchase of Aston Martin
Daimler is considering expanding its portfolio of companies by two.
According to Car and Driver, Daimler, the German company that owns Mercedes-Benz, Smart, Freightliner and more is once again considering buying Aston Martin. The brand may also pick up Italian sports-bike maker MV Agusta.
Mercedes-Benz and Aston Martin signed an agreement last year for the German company to supply engines to Aston. Technologically, the next generation of Aston Martins and Mercedes AMG cars will be closely related, though the design will stay distinct. On top of all that, Daimler already owns a five percent chunk of Aston.
SEE ALSO: Daimler Deepens Ties with Aston Martin
If the deal does happen, upcoming Aston Martins and Mercedes AMG cars would probably become even more closely related. Some voices within Daimler think it is a risky idea, while others think that Aston could become a jewel for the company.
As for MV Agusta, that deal is a much safer bet to go through. It will also give Daimler some payback against Audi, which bought out motorcycle maker Ducati even though Ducati and AMG had a partnership.
[Source: Car and Driver]
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Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>
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New Astons would be crazy...
Next Aston Martin Cygnet will be a smart fortwo instead of an iQ