We never saw this one coming: AMG, Mercedes-Benz’ performance division, has formed a technical partnership with Aston Martin. The prospective deal will allow Aston Martin access to ‘significant’ Mercedes and AMG resources that will allow the British firm to develop bespoke V8 powertrains and electronic architectures.
The deal is still subject to applicable regulatory approvals and has yet to be approved, however the companies have signed a letter of intent and are working towards penning a definitive agreement before the end of the year.
Daimler AG, Mercedes-Benz’ parent company, isn’t giving up its resources and secrets for free. The company will own a stake of up to five per cent non-voting shares in Aston Martin depending on the progress of the agreement, and will join existing shareholders including Investment DAR, Adeem Investment and Investindustrial.
The respective engineering teams of both companies will work collaboratively to implement AMG muscle in Aston’s cars, however all future Astons will continue to be manufactured at the company’s Gaydon headquarters in Warwickshire, England.
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.”
He added: “Working with Mercedes-AMG in this waywhile, of course, remaining independent and preserving the unique character and style of Aston Martin that has been the mainstay of the company throughout its 100-year history, points to a very bright future for the company as it starts its second century in business.”
Ola Källenius, Head of Mercedes-AMG GmbH said: “We are proud to work with Aston Martin and provide them with powertrain and e/e components for their forthcoming sports cars. This is proof of AMG’s technological and performance expertise and a real win-win situation for both sides.”