Aston Martin officially announced that they have finally singed the long-rumored deal with Mercedes-AMG GmbH. The German firm will be providing the British sports car maker with bespoke engines and e/e (electric/ electronic) components for future production models.
Aston’s current engine lineup is quite old. That V12, which can trace its root back to the old Ford Mondeo’s V6 unit, has been around for ages. And the V8 in the Vantage, that is also an ancient Jag engine.
Aston decided that it makes more sense to buy engines from another supplier rather than investing in developing their own. So they went in search of a good engine maker, and it didn’t take long until they became convinced that AMG is the one. It did take a while, though, for the deal to become official as they negotiated the terms. They ended up giving Daimler a 5% equity in Aston Martin. At the same time, the company will receive an observer status in the Board of Management of Aston Martin.
With the new investors committed to an expansion plan, and AMG on board as the engine supplier, Aston Martin’s future seems quite bright. The looks and handling of Aston cars combined with the power, sound, and quality of AMG engines sounds like quite a recipe.
Ola Källenius, Head of Mercedes-AMG GmbH: “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.”
Aston Martin Product Development Director Ian Minards : “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.”