Daimler to Supply Aston Martin With Electric Parts, Raise Stake
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Daimler AG, the world’s third biggest maker of luxury vehicles, will supply U.K. sports-car producer Aston Martin Lagonda Ltd. with electric and electronic parts to deepen an alliance that started last year.
Daimler, the manufacturer of Mercedes-Benz premium autos, will receive another 1 percent stake in Aston Martin, lifting its holding to a total 5 percent, Hendrik Sackmann, a spokesman for the Stuttgart, Germany-based company, said in an e-mail.