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Aston Martin and Daimler sign technical partnership agreements 2013.12.22

Stuttgart, Germany and Gaydon, UK - December 19, 2013 - 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. 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 at the 2013 Guangzhou Auto Show - The V12 Vantage S is unveiled in China, alongside the exclusive and limited production Centenary Edition Vanquish, luxury four-door sports GT Rapide S, timeless GT DB9, and the iconic One-77 hypercar.
Courtesy of 
Aston Martin
 

Stuttgart, Germany and Gaydon, UK - December 19, 2013


• Supply and development agreements for engines signed

• Electric/Electronic (E/E) component supply planned

• Daimler to receive up to 5% equity in Aston Martin



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.

 
 
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 at the 2013 Guangzhou Auto Show - The V12 Vantage S is unveiled in China, alongside the exclusive and limited production Centenary Edition Vanquish, luxury four-door sports GT Rapide S, timeless GT DB9, and the iconic One-77 hypercar.
Courtesy of 
Aston Martin
 
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 is continued its year long centenary celebrations with a breath-taking display of vehicles at the prestigious 2013 Dubai International Motor Show, which took place between 5th and 9th November 2013.
CC100 - our stunning centenary concept - made its debut in Dubai alongside a fantastic collection of Aston Martins from our current range, and one very special car from our heritage
.
Courtesy of Aston Martin
 

Aston Martin is continued its year long centenary celebrations with a breath-taking display of vehicles at the prestigious 2013 Dubai International Motor Show, which took place between 5th and 9th November 2013.
CC100 - our stunning centenary concept - made its debut in Dubai alongside a fantastic collection of Aston Martins from our current range, and one very special car from our heritage.
Courtesy of Aston Martin
 
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.

Aston Martin is continued its year long centenary celebrations with a breath-taking display of vehicles at the prestigious 2013 Dubai International Motor Show, which took place between 5th and 9th November 2013.
CC100 - our stunning centenary concept - made its debut in Dubai alongside a fantastic collection of Aston Martins from our current range, and one very special car from our heritage.
Courtesy of Aston Martin
 
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 held a launch event for its exclusive Centenary Edition models on 2nd November 2013.
A stunning and ultra-rare 1934 Aston Martin Ulster was also displayed at the event, which took place in the Beijing Jinshang Museum
.
Courtesy of 
Aston Martin
 

Aston Martin held a launch event for its exclusive Centenary Edition models on 2nd November 2013.
A stunning and ultra-rare 1934 Aston Martin Ulster was also displayed at the event, which took place in the Beijing Jinshang Museum.
Courtesy of 
Aston Martin
 
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 held a launch event for its exclusive Centenary Edition models on 2nd November 2013.
A stunning and ultra-rare 1934 Aston Martin Ulster was also displayed at the event, which took place in the Beijing Jinshang Museum.
Courtesy of 
Aston Martin
 
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.”

New Mercedes-Benz Research & Development North America, Inc. headquarters at Sunnyvale, California, USA.
Courtesy of Daimler Global Media Site
 
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.”

Daimler and Aston Martin sign technical partnership agreements - At Mercedes-AMG, each engine is traditionally set up by hand, in keeping with the philosophy “one man, one engine”.
This means that a technician is responsible for the assembly of a complete engine.
Courtesy of Daimler Global Media Site
 

Media Contacts

Daimler/Mercedes-AMG

Hendrik Sackmann
Head of Finance, Strategy, HR and External Affairs Communications
Phone: +49 (0)711 17 35014
Fax: +49 (0)711 17 24847
Mobile:+49 (0)176 3091 8251

Silke Walters
Finance and Strategy Communications

Phone: +49 (0)711 17 40624
Fax: +49 (0)711 17 79095190

Sofia Stauber
Press and Public Relations, Mercedes-AMG

Phone: +49 (0)7144 302-581
Fax: +49 (0)7144 302-8581


Aston Martin

Janette Green
Global Brand Communications Director

Mobile: +44 (0)7766 471555

Sarah Calam
Corporate Communications Manager

Mobile: +44 (0)7795 240989


For further information:

www.astonmartin.com/media  
and www.astonmartin.com  

www.media.daimler.com  
and www.daimler.com  


Source:

Daimler AG

http://media.daimler.com/  

Aston Martin

http://www.astonmartin.com/  



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