Daimler Has No Plans To Buy Up Aston Martin

Mercedes-Benz and Aston Martin may be partners, but comments by the Daimler CEO suggests the relationship isn’t going to get more serious anytime soon.

Dieter Zetsche told Autocar at the Paris Motor Show this week the company has no plans to boost its current 5 percent stake in Aston Martin, which had just been raised in July from four percent.

Zetsche went further, saying it “would not be in Aston’s interests to be incorporated into a big corporate organization,” and “there is also a danger we would be distracted from our core business.” Pretty clear wording, there.

However, the Daimler head did indicate the current stake allows for good technical partnership while keeping Aston Martin independent. That means the door is still very much open for product collaboration, and Aston sorely needs new models.

But let’s see how long Aston can stay independent.

By Zac Estrada

Photo gallery