Daimler takes 5% of Aston Martin in engine tech exchange deal

Aston Martin has finally settled on a powertrain development partner. After months of searching and speculation, the UK sports car specialist has announced that it has signed a Letter of Intent with Daimler’s high performance brand Mercedes-AMG. Under this initial agreement, Aston Martin would be able to tap Mercedes-AMG and Subscribe to Automotive World to … Continued

• By Megan Lampinen
• July 25, 2013