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Mercedes shows interest in Aston

Mercedes shows interest in Aston

Snapshot: Mercedes-Benz considering Aston Martin buyout

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The rumours of a possible Aston Martin buyout by the German auto major Mercedes-Benz, started after Chairman and Head Mercedes-Benz, Dieter Zetschedid not rule out the possibility of acquiring the iconic British brand. 

Currently it owns about five per cent of the brand, and under a technical agreement, will see its new turbocharged AMG engine V8 powering the next generation Vantage. Over a period of time, this could evolve to even platform sharing, as senior executives from both sides have often hinted. Zetsche himself has shown his keenness for this collaboration.

"This is a fantastic brand, and we are willing to support its further development," Zetsche told the automotive weekly, Autocar in an interview. 

The potential benefits for Aston Martin are enormous, and would allow it to put previously mothballed plans into fruition, particularly the Lagonda SUV, which would be based on Mercedes GL underpinnings.

This change of investor is not new for Aston Martin, the company has had different owners over the past years, from giants like Ford to even small investment firms from the Middle East.

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