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Aston Martin signs Letter of Intent for technical partnership with AMG

A little over two months ago came reports that Daimler and Aston Martin were in talks, again, about "supply and technical-cooperation agreements." The next step has been taken with Aston Martin announcing that it has signed a Letter of Intent that looks "towards a technical partnership" with Mercedes-AMG GmbH, and the two companies aiming to have definitive agreements done by year's end.
While it will get to use certain electric and electronic components from AMG, the true golden egg for the maker of the Vanquish will be the ability to develop a new line of "bespoke V8 powertrains" that will be fitted to "a new generation of models." In return for opening up the larder, Daimler will get a non-voting stake of up to five percent of Aston Martin.
Nothing else is being said about the tie-up for the moment, but there's a press release below with a few more details.

Weekly Recap: BMW rolls out ambitious plug-in hybrid electric plan

"We believe that for the United States, this is going to be very important." – Julian Arguelles Let there be no doubt, BMW is serious about electric vehicles. The German automaker said this week it will make plug-in hybrid versions of all of its core models, an aggressive move that demonstrates its commitment to electric propulsion systems. BMW did not specify which vehicles will get the plug-in systems or provide a timeline for when they will arrive. But the announcement is clearly more than blustering, and the company revealed a 3 Series plug-in prototype this week at an event in France. BMW said the 3 Series uses a version of its 2.0-liter turbocharged four-cylinder engine (240 horsepower, 300 pound feet of torque) with an electric motor sandwiched between the engine and transmission in place of the torque converter. It has an all-electric range of 22 miles. A plug-in X5 with the same powertrain was also displayed alongside the 3 Series, though the X5 has been on the auto-show circuit for more than a year, including a recent stop in Los Angeles. Those two vehicles use "eDrive," and BMW's plans represent the first widespread transfer of its technology from development of the i3 and i8 models to more mainstream products. BMW said it's developing electric powertrains so they can be deployed rapidly across its range, and they are flexible enough to be used with fuel cells in future products. Enticingly, BMW is also working on a "Power eDrive" system, which debuted in a 5 Series GT concept at the event in France. This setup has two electric motors powered by a 20-kilowatt-hour battery pack, and when teamed with a four-cylinder turbo, pump out about 670 hp. Reinforcing BMW's commitment, the company will add more than 200 jobs at its factory in Dingolfing, Germany, to support electric-vehicle development. The moves come as BMW and other automakers diversify their portfolios while fuel economy and emissions regulations are getting tighter around the world. The United States has set a 54.5-mpg CAFE requirement for the 2025 model year. BMW said the electric vehicles were developed with an eye toward the US market, its government policies and its wide-ranging commuting styles. "We believe that for the United States, this is going to be very important," spokesman Julian Arguelles said. Ben Scott, a senior analyst in London with automotive research firm IHS, said BMW's moves are expensive – but necessary – to keep pace with the market.

This Aston Martin V8 Vantage prototype sounds like it has AMG power

We've known for a while now that the next Aston Martin V8 Vantage would get power from a turbocharged Mercedes-AMG engine, but this is the first time we've had a chance to hear it. The video above, recorded by Autoevolution, shows a prototype of the 2018 Aston Martin Vantage cruising around roads near the Nurburgring. The sound is definitely similar to other V8-powered Mercs, and absolutely does not an Aston power plant. As for how good it sounds, the office is split. At least we're in agreement that it's good the car will probably be offered with a manual transmission. We can also pick out a few little details from the body. This new Vantage will get fender vents like those on the DB11 starting from just behind the front wheel arch. The DB11's high and wide rear haunches will carry over as well. This particular prototype has a very deep chin spoiler up front, which may indicate there will be more than one version. The headlights are concealed well, but considering the similarities to the DB11 in other areas, we'd expect similar swept-back headlights up front. Basically, the Vantage is shaping up to continue Aston's tradition of similarly shaped sports cars in different sizes, but that's hardly a bad thing when the resulting cars look so good. Related Video: News Source: Autoevolution / YouTube via Road & TrackImage Credit: Autoevolution / YouTube Spy Photos Aston Martin Coupe Future Vehicles Performance Videos viral video mercedes-amg aston martin v8 vantage