Daimler and Aston Martin deepen ties

|About: Daimler AG (DDAIF)|By:, SA News Editor

Daimler (OTCPK:DDAIF) says it will raise its stake in Aston Martin to 5%.

The German automaker will also supply the sport car maker with key parts under a component deal.

Daimler and Aston Martin are also working together on a Aston Martin SUV to sell by 2017.