Aston Martin Vanquish Volante, Red Ember

Aston Martin and Daimler sign technical partnership agreements

  • Supply and development agreements for engines signed
  • Electric/Electronic (E/E) component supply planned
  • Daimler to receive up to 5% equity in Aston Martin
Aston Martin One-77

Aston Martin One-77

Stuttgart / Gaydon, UK – Daimler AG and Aston Martin Lagonda Ltd. have signed an agreement for a significant technical partnership between Daimler, Mercedes-AMG GmbH, a 100% subsidiary and high-performance brand of German automotive corporation Daimler AG, and Aston Martin.

Aston Martin One-77

Aston Martin One-77

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.

Aston Martin Zagato

Aston Martin Zagato

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.

Aston Martin DB9

Aston Martin DB9

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 Investindustrial.

Aston Martin Vanquish Volante

Aston Martin Vanquish Volante

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.

Aston Martin Vanquish

Aston Martin Vanquish

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.”

At Mercedes-AMG, each engine is traditionally set up by hand, in keeping with the philosophy "one man, one engine."

At Mercedes-AMG, each engine is traditionally set up by hand, in keeping with the philosophy “one man, one engine.”

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.”

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