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Aston Martin owners partnering with Mercedes on luxury brand
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Posted on
Feb 06 2008 12:01 PM
by
adnana
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Faulty economy or not, top-end luxury purchases are on the rise, and the new owners of Aston Martin are looking to capitalize on the trend. Plans are in place to increase Aston production from 7,000 units in 2007 up to 8,000 in 2008, but the top-luxury automaker's new owners want more. DAR (owns 50% of Aston) business development manager Adham Charanoglu has met recently with Gucci, Louis Vuitton, and Daimler with regards to leveraging the Aston Martin brand with high end luxury products. While increasing merchandising revenue from $100m to up to $300m by whoring out the Aston name is nothing to sneeze at, we're mostly interested in the British automaker's conversations with Mercedes.
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