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Mercedes increases stake in Aston Martin

As part of an increasingly close partnership, Mercedes-Benz parent company Daimler is reportedly preparing to increase its stake in Aston Martin by another one percent, bringing the German automaker's shares in the British company up to five percent.
The rapprochement between the two has been in the works for years now, and is finally beginning to take form. Mercedes-AMG is in the midst of developing a new engine with and for Aston Martin in an apparently similar arrangement to that which it has with Pagani. But that's not the extent of it.
Daimler will also furnish Aston Martin with electrical systems and other components, said to lead up to the eventual sharing of platforms: one to underpin future GTs and another to serve as the basis for a long-mooted Aston Martin crossover, now said to be back on the table and slated to launch in 2017. The prospect of using the partnership to reinvigorate both the Lagonda and Maybach luxury brands, however, has since been taken off the table, with both parties continuing those projects independently.

UK car output falls 14% in March, may get worse with no-deal Brexit

LONDON — British car output fell for the 10th month in a row in March, hit by a slowdown in key foreign markets, and the sector stands to suffer a lot more if the country leaves the European Union without a deal, an industry body said on Tuesday. Output tumbled by an annual 14.4 percent to 126,195 cars in March, the Society of Motor Manufacturers and Traders said. Exports, which account for nearly four out of every five cars made in Britain, were down by 13.4 percent. The SMMT said analysis it had commissioned predicted output would fall this year to 1.36 million units from 1.52 million in 2018, assuming London can secure a transition deal with the EU. If Britain has to rely instead on World Trade Organization rules for its trade with the bloc, which include import tariffs, output is forecast to fall by around 30 percent to 1.07 million units in 2021, returning to mid-1980s levels, the SMMT said. The forecasts were produced for SMMT by AutoAnalysis, a consultancy. Prime Minister Theresa May has secured a delay to the Brexit deadline until Oct. 31, giving her more time to try to break an impasse in parliament over the terms of Britain's departure from the EU. Foreign minister Jeremy Hunt traveled to Japan earlier this month to try to persuade the Japanese government and Toyota, which has a big presence in Britain, that London was determined to avoid a no-deal Brexit. "Just a few years ago, industry was on track to produce 2 million cars by 2020 — a target now impossible with Britain's reputation as stable and attractive business environment undermined," SMMT chief executive Mike Hawes said. "All parties must find a compromise urgently so we can set about repairing the damage and diverting energy and investment to the technological challenges that will define the future of the global industry." (Reporting by William Schomberg, editing by David Milliken)

Red Bull Racing's Daniel Ricciardo is road-tripping across America

After last weekend's Hungarian Grand Prix, Formula 1 entered its annual summer break. It gives teams some (mandatory) time off before the Belgian Grand Prix at Spa Francorchamps. In the meantime, Red Bull Racing has given us a short video showing Daniel Ricciardo racing across America in a Red Bull RB7 (a car he never actually raced). The first video was released yesterday, and it looks like more are on the way. In the video, Ricciardo drives his Red Bull in three of the most scenic locations in the U.S. He starts in San Francisco, driving across the Golden Gate bridge and through the city core before performing a pit stop on the unbelievably empty Bay Bridge that connects San Francisco to Oakland. F1 cars are designed for pristine strips of asphalt, and the car bounces and bobs like an overstuffed beachball on the city's pavement. After California, Ricciardo runs through the middle of Monument Valley, Utah, the location of so many of those classic John Ford-directed westerns. After that, the car shows up on the Las Vegas Strip, with Ricciardo packing up his steering wheel and heading to the casino. The video ends with "to be continued," so stay tuned for more, and enjoy the sounds of the old 2.4-liter Renault V8 (even if it is badged with Aston Martin and Tag Heuer logos). Related Video: News Source: YouTube/Red Bull Racing Celebrities Motorsports Aston Martin Racing Vehicles Videos F1 Red Bull Racing