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

RF Safe-Stop shuts down car engines with radio frequency pulses
Lexus RC F revealed ahead of Detroit debut
2015 Jeep Jeepster Crossover spied again with new details
Ferrari to reveal California-based 149M project on February 12
Ugur Sahin Design Project F based on Ferrari 458 Italia revealed
150 supercars gather at Bruntingthorpe Aerodrome [videos]
Volkswagen Golf Edition concept unveiled for the 40th anniversary of the Golf
Mercedes AMG GT will go on sale in March 2015
New updated 2015 Fiat 500 revealed with minor changes
Volvo acquires 100 per cent of Polestar
Ferrari California T gets a new HS handling option
New Škoda Octavia vRS 245 revealed
Tags: ,
linode.com