The partnership between Aston Martin and Daimler is expanding as Bloomberg is reporting the two companies have signed a deal which will see Daimler providing Aston Martin with a variety of electrical components.

The partnership between Aston Martin and Daimler is expanding as Bloomberg is reporting the two companies have signed a deal which will see Daimler providing Aston Martin with a variety of electrical components.

In exchange, Daimler will receive an additional 1 percent stake in the automaker which will bring their total up to 5 percent.

As we have previously reported, Aston Martin and Daimler signed an agreement last year which called for AMG to develop a bespoke V8 engine for the British luxury marquee. At the time, an Aston Martin spokesperson said "This strategic collaboration for Aston Martin will, in our next generation of luxury sports cars , offer our customers increased performance and efficiency whilst retaining the unique character and style of an Aston Martin.”

 

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Aston Martin & Daimler expand their partnership - report