Aston Martin Seeks Engine Partner

Aston Martin Lagonda Ltd.'s newest investor says the British carmaker is in talks with Daimler AG and other manufacturers about shared development of performance engines.

Andrea Bonomi, chairman of U.K. private equity firm Investindustrial, tells reporters in Milan that Aston Martin aims to reach an engine development agreement in the next two months.

Investindustrial bought a 37.5% stake in Aston Martin last month for 150 million (€180 million). Reports at the time indicated the carmaker those the equity firm because of its promise to work with Daimler's AMG performance unit on components and technology for future Aston Martin models.