Now Mercedes revs up its stake in Aston Martin

Another big investment deal was announced for luxury sports car maker Aston Martin Lagonda at the end of October.

Mercedes-Benz, which already owns 5 per cent of the company said it will increase its holding “in stages” from 5% to 20% in a deal linked to electric car technology.

It comes just months after F1 team owner Lawrence Stroll, a Canadian billionaire, took a majority stake in the company which refers to its Works at Newport Pagnell as its ‘spiritual home’ and industry commentators now predict a more comfortable ride for the business after its disastrous Stock Market float in 2018.

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