The Chinese Automaker Geely Talks to Aston Martin about Investment

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The Chinese automaker Geely talks to the British sports car brand Aston Martin about an investment. That writes the British business newspaper Financial Times.

 

The Chinese are currently doing book research.

Geely is the owner of the Lotus and Volvo car brands and has a 10 percent interest in Mercedes mother, Daimler.

The automaker is not the only party that may want to join Aston Martin. Earlier there were reports that Canadian billionaire Lawrence Stroll intends to take an interest in Aston Martin.

He would like to deposit around £ 200 million, over £ 235 million, for just under 20 percent of the shares.

With the money that Aston Martin hopes to raise from an investor, the company wants to pay off several relatively expensive loans.

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