Aston Martin And Mercedes-Benz AMG Finalise Tech-sharing Partnership Photo:
Mike Stevens | Dec, 21 2013 | 3 Comments

Aston Martin and Daimler have this week finalised a partnership that will see performance arm Mercedes-Benz AMG provide engines and technology to the British marque.

The agreement will see AMG, through parent Daimler, take up to five percent of Aston Martin's non-voting shares over the course of the partnership.

While Aston currently sources engines from former owner Ford, its next-generation range will likely be offered exclusively with AMG-derived powertrains.

However, in a September interview, Mercedes CEO Dr Dieter Zetsche said that it would likely be three- to four years before the deal bears fruit.

Specific details of the deal have not been released, although it was also confirmed that the two carmakers will work together on "additional areas of co-operation" - suggesting a joint platform could be on the cards.

Reports in October suggested that Aston may build its long-coming Lagonda SUV on a Mercedes-Benz platform. The carmaker has yet to comment.

“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,” Aston Martin said.

“This strategic collaboration for Aston Martin will, in our next generation of luxury sports cars, offer our customers increased performance and efficiency whilst retaining the unique character and style of an Aston Martin.”

The British brand, which counts Italian firm Investindustrial among its major shareholders, confirmed it will continue to build cars in the UK.

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