Home / Auto News / News article: Aston Martin Signs Deal to Use Mercedes AMG Engines - AutoGuide.com News
 |  Jul 25 2013, 7:01 AM

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Aston Martin has announced a partnership with Mercedes’ high-performance AMG division in order to secure a new generation of powertrains for its luxury sports cars.

Final arrangements of the deal have yet to be put into place, but a letter of intent has been signed by each automaker with a plan to finalize by year’s end. The deal will see AMG produce bespoke V8 engines for Aston Martin. In exchange, AMG parent company Daimler AG will take an up to five percent stake (of non-voting shares) in the British automaker.

Currently Aston Martin uses engines manufactured by Ford and designed under the Blue Oval’s stewardship of the brand. Those powertrains are near the end of their life-cycle, however, as a result of increasingly strict emissions regulations.

“The technical partnership will support Aston Martin’s launch of a new generation of models that will incorporate cutting edge technology and newly-developed bespoke V8 powertrains,” reads a release by Aston Martin. Notably absent is any indication of V12 engines, indicating the future of Aston Martin isn’t likely to include 12-cylinder power.

The news comes as part of a plan to secure and grow the Aston Martin brand as it celebrates its centenary.

“Aston Martin sources cutting edge technology from key suppliers around the globe,” said Aston Martin product development director Ian Minards, “and the opportunity to include content from Mercedes-AMG GmbH in our next generation sports cars is, clearly, good news.”

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