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Home Automotive Mercedes to acquire 20% of Aston Martin

Mercedes to acquire 20% of Aston Martin

After receiving a large financial input from Lawrence Stroll, Aston Martin has further secured some tech from Mercedes to further help it in its endeavors. Mercedes-Benz had formerly taken a five percent stake in Aston seven years earlier.

The acquisition of the stake had led to the possession of the German tech by the British company. Aston acquired electronics and AMG V8 engines from Mercedes-Benz. The stakes owned by the Germans are now being increased to 20%. This will lead to further acquisition of parts and engines by Aston.

This brings the concept of ‘power train architecture’ into consideration for all models that will be released by 2027. Components such as the ICE engine will be integrated into the cars along with hybrid status.

According to a statement made in a press release, this step was done to enable Aston to make expenditures elsewhere and to save it from the trouble of making these technologies. By acquiring tech from Mercedes-Benz, Aston gained technological advancement, and responsibility for the development of the new technologies was lifted.

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The effect this whole business has had on Aston’s turbocharged V6 is unclear. Although the progress for its development has seen advancement, it was said by Aston’s CEO that it was ‘too early’ to decide where this project was headed.

It remains on Aston’s agenda to work on a mid-engine supercar to combat the Ferrari F8 Tributo. Aston has also seen major changes, one of which was the replacement of Aston’s CEO with Mercedes-Benz’s boss Tobias Moers.

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