Daimler will acquire an additional 1% stake in Aston Martin, increasing its total holding in the company to 5%.
To further strengthen its collaboration with Aston Martin, which was formed in 2013, Daimler will also supply electric and electronic parts to the company.
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In July 2013, the two automakers had entered into a technical partnership, which included supplying V8 engines to Aston Martin for its sports cars. These engines were to be built and supplied by Mercedes-AMG.
