Aston Martin Approaches Daimler on Engine Supply, FT Reports

Aston Martin, the Kuwaiti-owned U.K.-based carmaker, has approached Daimler AG (DAI) and other German carmakers about cooperating on engines and other technology, including safety technology, as it seeks to lessen its dependence on Ford Motor Co. (F), the Financial Times reported, citing two people close to the company. Ford, which owned Aston Martin until 2007, makes engines for Aston Martin at its plant in Cologne under a deal that runs out in 2013, the FT said.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

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