Aston Martin signs Letter of Intent for technical partnership with Mercedes-AMG

Aston Martin has finally confirmed that they are moving towards a technical partnership with Mercedes-AMG. Both parties are working towards signing definitive agreements before the end of the year.

The proposed deal will see Aston Martin get bespoke V8 powertrains from Mercedes-AMG and the use of certain components of electric/electronic architecture. Daimler AG in return will own a stake of up to five per cent non-voting shares in Aston Martin depending on the progress of the agreement.

Aston Martin Product Development Director Ian Minards said: “We have selected AMG specifically as the basis for this powertrain development process. “Aston Martin sources cutting edge technology from key suppliers around the globe and the opportunity to include content from Mercedes-AMG GmbH in our next generation sports cars is, clearly, good news.”

This is good news for Aston Martin as they can concentrate on new models that will have modern powerful and efficient powertrains.


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