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Maybach and Aston Martin alliance talks fall apart

If you have, like us, been salivating at the notion of a new generation of Maybach and Lagonda ultra-luxury crafts built by Aston Martin, we've got some bad news: According to reports emanating from Germany, talks between AML and Daimler have broken down.
The proposal under negotiation would have seen Daimler outsourcing production of the next family of Maybach models to Aston Martin, which in return would benefit from Mercedes-Benz platforms and engines - not only for its svelte GTs, but also for its own future Lagonda line of limousines and luxury SUVs. That, and a boatload of money - or at least that's what AML was reportedly seeking, an issue that served as the stumbling block over which the deal reportedly collapsed.
That's not to say the two parties couldn't still reach some sort of a compromise, but short of that, Daimler may opt to either shut down Maybach altogether, find another partner, or take another stab at building new models internally.

Daimler rebuffs Geely offer to buy stake

HONG KONG/BEIJING - Daimler AG has turned down an offer from China's Geely to take a stake of up to 5 percent via a discounted share placement, as the German automaker has long been reluctant to see existing shareholdings diluted, sources with knowledge of the talks said. A stake of that size would be worth $4.5 billion at current market prices. Although Daimler declined the offer, it told Geely it was welcome to buy shares in the open market, the sources added. Carmakers in China have embarked on a flurry of dealmaking, as they scramble to boost production of electric and plug-in hybrid vehicles ahead of tough new quotas to be imposed by Beijing, which wants to reduce urban smog and lower the country's reliance on oil. People with knowledge of Geely's thinking said the company was keen to access Daimler's electric car battery technology and wanted to establish an electric car joint venture in Wuhan, the capital of Hubei province. Geely, which also owns Swedish car maker Volvo, is still hopeful it can secure a deal in some form over the coming weeks, they added. The two automakers met in Beijing in recent weeks at Geely's behest. There, the Chinese firm, formally known as Zhejiang Geely Holding Group, offered to take a stake of between 3 percent and 5 percent if Daimler would issue new shares at a discount, the sources said. It was not immediately clear what kind of discount for the shares Geely had in mind or whether Geely was interested in buying the shares on the open market. A spokesman for Geely declined to comment. A spokesman for Daimler said the company was "very happy with our shareholder structure at present", but added that it would welcome new investors with a long-term interest in the company. Shares in Daimler were up 1 percent in early Wednesday trade, in line with the broader market.DAIMLER ALREADY TIED TO BAIC, BYD Geely, which has a market value of some $32 billion, is the leading domestic brand in China with a 5 percent market share, according to an analysis by Nomura Securities. A stake of 5 percent would establish it as Daimler's third-largest shareholder behind the Kuwait Investment Authority and BlackRock, who hold 6.8 percent and 6 percent respectively, according to Reuters data.

Mercedes dropping Shooting Brake from next CLS-Class

If you've been admiring the Mercedes CLS Shooting Brake from afar and held out hope that the next version might make it to over to our side of the pond, we've got bad news for you. Not only will the next rendition of Benz's sleek wagon not make it to North American showrooms, it won't be offered anywhere. According to Car, the German automaker has pulled the plug on the next CLS Shooting Brake. The five-door bodystyle was slated to form part of the third-generation CLS-Class lineup, whose design has already been finalized. But though there was reportedly great enthusiasm for the shooting brake within the company, lukewarm response from the vital North American and Chinese markets meant that plans for another wagon variant were scrapped altogether. Mercedes first rolled out the CLS four-door coupe in 2004, pioneering the popular new segment before BMW followed with its Gran Coupe models and Audi its Sportbacks. The second-generation model arrived in 2010, with a Shooting Brake following in 2012. Stuttgart even followed up with a smaller CLA Shooting Brake as well. With the third-generation model now on its way, however, the CLS is going back exclusively to four doors and a trunk. Of course that doesn't mean Mercedes won't be offering any oddball long-roofed models. It simply appears to be filling those niches with slant-backed versions of crossovers like the new GLC and GLE instead. So if you're looking for a vehicle with a Silver Star on the nose and an unconventional roofline at the back, you're going to have to settle on riding higher. Related Video: