Filed under: Performance, Technology, Aston Martin, Mercedes-Benz, Luxury
A little over two months ago came reports that Daimler and Aston Martin were in talks, again, about "supply and technical-cooperation agreements." The next step has been taken with Aston Martin announcing that it has signed a Letter of Intent that looks "towards a technical partnership" with Mercedes-AMG GmbH, and the two companies aiming to have definitive agreements done by year's end.
While it will get to use certain electric and electronic components from AMG, the true golden egg for the maker of the Vanquish will be the ability to develop a new line of "bespoke V8 powertrains" that will be fitted to "a new generation of models." In return for opening up the larder, Daimler will get a non-voting stake of up to five percent of Aston Martin.
Nothing else is being said about the tie-up for the moment, but there's a press release below with a few more details.
Continue reading Aston Martin signs Letter of Intent for technical partnership with AMG
Aston Martin signs Letter of Intent for technical partnership with AMG originally appeared on Autoblog on Thu, 25 Jul 2013 09:00:00 EST. Please see our terms for use of feeds.
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