Mercedes increases Aston Martin shares
Mercedes-Benz has announced that it will significantly increase its stake in the struggling British manufacturer Aston Martin Lagonda from what is currently 2.6 per cent to a maximum of 20 per cent. In return, the British company is to receive hybrid and electric drive trains from Mercedes.
Aston Martin postpones electrification plans
The financially stricken sports car manufacturer Aston Martin has begun postponing their plans for electric cars. Although the British company has a new investor, it will first invest the existing budget in combustion engine models and the new SUV DBX.
Is Aston Martin cancelling Rapide E production?
In April 2019, Aston Martin presented its first electric model, the Rapide E, which was to be built in a limited edition of 155 units. Now a British magazine reports that not even these few electric cars will see the light of day.