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.


RELATED POSTS

New Cadillac CTS-V spied benchmarking against BMW M5, reveals new details
Ariel Atom 3.5R revealed with 350bhp, priced at £80,000
Porsche celebrates Le Mans return with an exclusive 911 Martini Racing Edition
Students target all-time Nürburgring record with inMotion IM01 hybrid prototype
Ford Fiesta becomes best-selling UK car of all time
How to buy the right battery for your car
Nissan has over 500 electric taxis on European roads
New 600 horsepower Alpina B7 Supersaloon revealed ahead of Geneva debut
Subaru celebrates 50th anniversary of its horizontally-opposed boxer engine
All-new special edition Mustang Bullitt with 481 horsepower is here
A very simple car accessory upgrade to consider when nature is your destination
The phenomenon of the world’s number plates business
Tags: ,