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Aston Martin and Mercedes 'to strike €300m deal'

By Georg Kacher Motor Industry 22 October 2008 21:25 CAR Online today lifts the lid on the secret deal – codenamed Romeo and Juliet – being hammered out between Aston Martin and Mercedes-Benz. We have sensational details of the alliance, including a plan for hybrid Aston Martins, the full range of proposed Lagonda models and even a possible DB10 and 4x4 from the Aston Martin Lagonda stable. Back in August 2008, we revealed how the British sports car maker was in talks with the German giant over future cooperation (read our original Aston-Merc scoop here).

News watch December 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Monday 31 December 2012• Despite reports earlier this month that shareholders valued Mercedes-Benz at half that of its luxury rival BMW, Mercedes CEO Dieter Zetsche has remained bullish about his ambitious targets for the carmaker's growth. 'I am confident that we will be ahead of our rivals by 2020 at the latest,' he told German newspaper Boersen-Zeitung in an interview.

Jeep Altitude models debut in spring

The Jeep Cherokee, Grand Cherokee and Wrangler will feature Altitude trims for 2014, joining the Patriot and Compass. The special editions will arrive in showrooms this spring. The Altitude came to be through a contest Jeep held two years ago around the time of the Houston Auto Show.