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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.

2017 Mercedes SL gets more beauty, power, and equipment

The first gestation of the R231-generation Mercedes-Benz SL-Class was appreciably better than the excellent R230 it replaced, it just didn't look nearly as good. Answering for one of its rare design sins with a facelift for the 2017 model year, Mercedes succeeds in restoring the skin-deep glory the R231 SL deserved from the beginning. They didn't stop at the skin, either, giving buyers plenty of additional technical reasons to make the upgrade. The new design establishes its new beauty with the grille and headlights. The grille has essentially been flipped upside down - it is now wider at the bottom than the top. It is flanked by sleeker headlights pulled out to the edges, and now full-LED lights are standard. The front fascia below gets much more pronounced, especially on the AMG versions with their larger intakes and chrome-trimmed A-wing motif across the horizontal span. Brilliant Blue and Designo Selenite Grey Magno join the color palette. The SL400 becomes the SL450, its 3.0-liter twin-turbo V6 juiced up from 329 horsepower to 362 hp, and 354 pound-feet of torque to 369 lb-ft. Both it and the SL550 shed their seven-speed automatics for the new 9G-Tronic automatic. Inside, new designs for the gauge cluster look back at the driver, ambient lighting options have expanded to include polar blue and polar white, and the center console storage ambient lighting throw a brand logo on the two USB ports fitted inside. The roof can be opened at up to 25 miles per hour now, and the trunk separator automatically gets out of the way when you put the top down - no more having to do that yourself beforehand. Turning the page on performance, non-AMG models come offer Mercedes' curve-tilting function with Active Body Control. It counters cornering forces by tilting the body up to 2.65 degrees into a turn; choosing it removes the Eco function from the five Drive Select modes, replacing it with Curve mode. The AMG SL63 and SL65 models come with a mechanical rear differential lock standard - formerly part of a $9,000 upgrade package, an updated seven-speed transmission, and faster shifting via aluminum shift paddles. We'll get looks at the AMG SL63 and SL65 at the LA Auto Show, the refreshed range hits dealerships in late spring next year. Mercedes has a lot to tell you in the press release below, so dig in.

Recharge Wrap-up: Daimler spending big for fuel cells, Ford Go!Drive experiment advances

Ford's Go!Drive experiment is entering its beta phase in London. The project, which is one of the automaker's global smart mobility experiments, uses a mobile app for on-demand carsharing of Ford Focus Electric and Ford Fiesta vehicles. The beta phase involves increasing the number of available vehicles from 20 to 50, and collecting new data from users. The program offers one-way rentals and guaranteed parking, with no membership fees and a cost of 26 cents per minute. Ford hopes to get 2,000 drivers involved in the program. Read more at Green Car Congress. Daimler will invest billions of dollars to upgrade the Mercedes-Benz Unterturkheim plant over the next few years. This year alone, it plans to spend $1.06 billion. The company expects cost savings "in the range of hundreds of millions of euros until 2020," while maintaining its workforce of 18,700 employees and adding 150 vocational training positions. The upgrades will allow the plant to become a center for building more efficient engines, hybrid powertrains and fuel cell systems. "Alternative drive systems are an important element of our future mobility," says Mercedes-Benz's Markus Schafer. "Their share of automotive production is set to steadily rise over the next few years, complementing our highly efficient engines within the portfolio. This is what we have laid the groundwork for today." Read more at Reuters, or in the press release below. The Department of Energy is providing $20 million in funding for the development of more efficient high speed industrial motors and drives. Ditching old motors and gearboxes for ones that use integrated power electronics could help decrease the energy consumption of the industrial sector, which currently uses more than 25 percent of the electricity generated in the US. The projects being funded will reduce losses and decrease the size of drive systems used in industries like petroleum refining and natural gas, which could affect the lifecycle efficiency of transportation fuels. Read more at Energy.gov.