China's Geely buys stake in Aston Martin as luxury brand prepares to electrify

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China's Geely buys stake in Aston Martin as luxury brand prepares to electrify
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HOT WHEELS: China's Geely buys stake in Aston Martin as brand prepares to electrify

"We look forward to exploring potential opportunities to engage and collaborate with Aston Martin as it continues to execute its strategy to achieve long-term, sustainable growth and increased profitability," Geely CEO Daniel

Donghui Li said in a release announcing the share purchase.Aston Martin Lagonda's top shareholder is its executive chairman, Lance Stroll, while Mercedes-Benz also owns a significant stake and supplies engines for the brand's road and

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