Martin in talks with Mercedes-Benz for its first SUV: report
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[April 01, 2014]
(Reuters) — Luxury sports car maker Aston Martin is in discussions
with Mercedes-Benz over building its first SUV and hopes to have the
SUV in showrooms within three to four year, the Financial Times
reported, citing sources.
An Aston Martin spokeswoman told Reuters that the automaker does not
have any such plans. "We do not currently have a plan to add an SUV
to the model line-up." She declined to elaborate on product
The FT said a possible SUV collaboration is one of a number of
potential areas of collaboration between Aston and Mercedes. The
paper cited people who declined to be identified.
"The parties are working to conclude the terms of an additional
cooperation for the supply of electric electronic components,"
Mercedes-Benz, owned by Daimler AG <DAIGn.DE> told Reuters.
Daimler Chief Executive Dieter Zetsche told Reuters in January that
the company would be open to sharing its GL offroader platform with
Aston Martin, and that would depend on Aston's product plans.
Last year, Aston Martin teamed up with Daimler's high-performance
Mercedes-AMG GmbH division to develop a new generation of bespoke V8
engines, and its Mercedes-Benz unit for electronic components supply
to the British firm.
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Daimler in return took a non-voting stake of up to 5 percent in the
100-year-old British firm, which achieved its greatest fame with the
1963 launch of the DB5 sports car featured in early James Bond
(Reporting by Aashika Jain in Bangalore, Laurence Frost in Paris and
Edward Taylor in Frankfurt; editing by David Gregorio)
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