REPORT: Aston Martin Approaches Daimler For Engines, Safety Systems
Published: June 29th, 2011
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The long rumored Aston Martin-Daimler alliance appears to be taking shape, with a report in the Financial Times suggesting that the British sports car builder has approached Daimler with a request for assistance regarding engines, safety systems and other technology.
Aston Martin seems to be seeking independence from former owner Ford, which helped out greatly on the technological front. Aston Martin and Ford have an engine deal that lasts until 2013, and the Kuwaiti consortium that now owns Aston has been previously rumored to have approached Daimler regarding a possible collaboration with their Maybach division.
[Source: Bloomberg]
More by Derek Kreindler
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Big mistake! See what Daimler did to Chrysler? I don't think that Daimler likes to share. Aston Martin would do better to form an alliance with Renault Nissan.