Mercedes-Benz plotting Aston Martin takeover

They already have five percent

A rumor has emerged concerning Mercedes-Benz's plans to purchase Aston Martin.

Back in July last year Daimler and Aston Martin signed a technical partnership which will allow the British marque to access AMG's resources in return for a five percent stake in the company. Now, it seems Daimler wants to buy Aston Martin as Mercedes-Benz boss Dieter Zetsche didn't rule out this option but he didn't confirm it either.

Daimler has already expressed its intentions to further expand the collaboration between the two parties to share electrical components but the agreement has not been finalized yet. A complete takeover will also depend on whether Aston Martin investor Investindustrial is willing to part with the company in which they have a 37.5 percent stake after spending 150M GBP last year.

Source: autocar.co.uk