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Mercedes-Benz, a Daimler auto subsidiary, is increasingly involved in ailing British carmaker Aston Martin Lagonda. Mercedes wants to give the British access to new technologies.
The companies announced this on Tuesday in Stuttgart and Gaydon. Daimler is increasing its share from the current 2.6 percent to a high of 20 percent, he said.
Over the next three years, the Stuttgart-based company will receive new shares to be issued in Aston Martin in stages up to a total value of 286 million British pounds (337 million Swiss francs). Aston Martin will receive, among other things, next-generation hybrid and electric powertrains, as well as other vehicle components and systems.
The British, known for their James Bond movie cars, among other things, have long suffered from a recession and have high hopes for their first SUV called DBX
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