Home » News » Aston Martin » Daimler AG and Aston Martin sealed the deal
Aston Martin and Daimler have officially tied the knot as the companies have a signed a series of definitive agreements which will see the two automakers working together.

Following the signing of a Letter of Intent in July this year, the two companies have continued to work together, exploring opportunities for co-operation and these discussions have resulted in the signing of definitive agreements.
 
The technical partnership will allow Mercedes-AMG and Aston Martin to develop bespoke V8 engines supporting Aston Martin’s launch of a next generation of models that will incorporate cutting edge technology and newly-developed engines, combining high performance and fuel efficiency.
 
Daimler AG and Aston Martin sealed the deal
Daimler will receive up to five percent non-voting shares in Aston Martin without cash consideration in several steps following the progress of the technical partnership. At the same time, the company will receive an observer status on the Aston Martin Holdings board. Daimler joins Aston Martin’s existing shareholder body that includes Prime Wagon, Adeem Investment and Invest Industrial.
 
The parties are working to conclude the terms of an additional cooperation for the supply of electric/electronic (e/e) components. Furthermore, the two groups will investigate additional areas of cooperation in the future. Aston Martin will continue to manufacture all of its sports cars at its Gaydon headquarters in Warwickshire, England.
 
Tobias Moers, Chairman of the Management Board of Mercedes-AMG GmbH: “By signing the Umbrella Agreement and the Engine Agreement both parties have agreed to this technical partnership: Mercedes-AMG will provide the British icon Aston Martin with engines for their forthcoming sports cars. At our company´s headquarters in Affalterbach we are proud to work with Aston Martin – this agreement is a real win-win situation for both sides.”
 
A spokesperson for the Aston Martin board said: “Our company is this year celebrating its centenary, and the partnership agreed today underpins prospects for Aston Martin’s bright, vibrant and dynamic second century in the sports car business. This strategic collaboration for Aston Martin will, in our next generation of luxury sports cars, offer our customers increased performance and state-of-the-art features whilst retaining the unique character and style of an Aston Martin.”

Related Articles

Leave a Comment

Fields marked with * are required
Name *:
Email *:
Comment *:
Code *:
  CAPTCHA
  • Email
  • YouTube
  • RSS
  • Twitter
  • facebook
  • feedburner

Related Specs

  1. 1951 Aston Martin DB2 Vantage

    Engine: Water Cooled, Cast Iron, Inline-6, Power: 93.2 kw / 125.0 bhp @ 5000 rpmN/A
  2. 1961 Aston Martin DB4 GT Zagato

    Engine: Aluminum, Twin Spark, Inline-6, Power: 234.2 kw / 314.1 bhp @ 6000 rpm, Torque: 376.92 nm / 278.0 ft lbs @ 5400 rpm
  3. 1961 Aston Martin DB4 Vantage

    Engine: Inline-6, Power: 198.4 kw / 266.1 bhp @ 5750 rpm, Torque: 345.73 nm / 255.0 ft lbs @ 4500 rpm
  4. 2000 Aston Martin DB7 Vantage Coupe

    Engine: 60 degree V12, Power: 313.2 kw / 420.0 bhp @ 6000 rpm, Torque: 540 nm / 398.3 ft lbs @ 5000 rpm
  5. 2000 Aston Martin DB7 Vantage Volante

    Engine: 60 degree V12, Power: 313.2 kw / 420.0 bhp @ 6000 rpm, Torque: 540 nm / 398.3 ft lbs @ 5000 rpm

New Vehicles

Jaguar E-Pace available with new 200 hp petrol engineJaguar E-Pace available with new 200 hp petrol engine
Launched this Spring, the baby SUV Jaguar is now available with more options and a new engine. The new Jaguar E-Pace can be ordered with ‘self-learning’ ...

Concept Cars

Subaru Viziv Tourer Concept unveiled in GenevaSubaru Viziv Tourer Concept unveiled in Geneva
Even if it's not recording huge volumes in Europe, Subaru didn't want to miss this year Geneva Motor Show. So it kept the stand and unveiled the Subaru ...

Custom Cars

Rolls Royce Wraith Luminary Collection announcedRolls Royce Wraith Luminary Collection announced
Rolls Royce is continuously improving its client experience with special editions for the current range of cars. Same happened with the current Wraith ...

Future Cars

Volkswagen to unveil new Camper VanVolkswagen to unveil new Camper Van
Volkswagen is one of the strongest name in Europe when it comes to building commercial vehicles. So every concept coming from Volkswagen Commercial Vehicles ...

Market News

Volkswagen Group deliveries increase in first two moths of 2018Volkswagen Group deliveries increase in first two moths of 2018
Despite being overtaken by Renault-Nissan-Mitsubishi Alliance last year, Volkswagen Group continues its great momentum and scores high sales lso the the ...

Gadgets

Volkswagen Connect offered as standard on Polo and UpVolkswagen Connect offered as standard on Polo and Up
Volkswagen is updating its technology found in its small car range. The Up! and the Polo are targeted by this latest update. Volkswagen Connect – the ...

Various News

Jaguar XJ50 special edition launchedJaguar XJ50 special edition launched
Jaguar has one of the most popular models in automotive history. And XJ50 is one of the most iconic, longly recognised as one of the most luxurious car ...

Motorsports

Volkswagen ID R Pikes Peak - officially unveiledVolkswagen ID R Pikes Peak - officially unveiled
Volkswagen has officially unveiled the new Volkswagen ID R Pikes Peak Concept. The car is set to compete in the famous Pikes Peak Hill Climb event which ...

Videos

Here is the Bugatti Veyron Vitesse WRC doing some fast stuff in off-roadHere is the Bugatti Veyron Vitesse WRC doing some fast stuff in off-road
A few year ago, Bugatti launched a special edition Veyron. Its name was Veyron Vitesse WRC but the WRC doesn't stand for World Rally Championship. Instead, ...