Daimler ready to extend cooperation with Aston Martin image

Daimler is “fundamentally open” to discussions on a more profound cooperation with Aston Martin’s new CEO, according to Daimler’s chairman, Dieter Zetsche.

A week after the British sportscar maker named Nissan executive Andy Palmer as its new chief executive officer, Daimler’s Zetsche said that Palmer would be missed in Daimler’s dealings with Renault-Nissan but becomes a plus in its new collaboration with Aston.

Zetsche stated that “It’s now up to the new CEO to further develop Aston Martin’s strategy. We’re fundamentally open to all talks.”

Palmer’s departure adds to an exodus of talented people leaving Nissan and partner Renault, but it may be a turning point for Aston Martin, which has already new models in the making, cars that will come with engines supplied by the 4% shareholder Daimler. According to sources, Palmer had tried to persuade Nissan’s CEO, Carlos Ghosn, to invest in the sportscar maker before jumping ship, but failed to do so.

Last year in May, Italian mogul Andrea Bonomi’s Investindustrial purchased 37.5% of Aston Martin in a $241 million deal with Kuwaiti controlling shareholders – Investment Dar and Adeem Investment. A couple of months later, Aston Martin announced a deal that saw it developing a new generation of V8 engines with AMG, the Mercedes high-performance division while also sharing some electronics and other components.

By Gabriela Florea