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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.

Mercedes increases stake in Aston Martin

As part of an increasingly close partnership, Mercedes-Benz parent company Daimler is reportedly preparing to increase its stake in Aston Martin by another one percent, bringing the German automaker's shares in the British company up to five percent.
The rapprochement between the two has been in the works for years now, and is finally beginning to take form. Mercedes-AMG is in the midst of developing a new engine with and for Aston Martin in an apparently similar arrangement to that which it has with Pagani. But that's not the extent of it.
Daimler will also furnish Aston Martin with electrical systems and other components, said to lead up to the eventual sharing of platforms: one to underpin future GTs and another to serve as the basis for a long-mooted Aston Martin crossover, now said to be back on the table and slated to launch in 2017. The prospect of using the partnership to reinvigorate both the Lagonda and Maybach luxury brands, however, has since been taken off the table, with both parties continuing those projects independently.

Tesla Model S squares off against Aston Martin Rapide S

Can the Tesla Model S electric motor's 443 pound-feet of torque from zero rpm and equivalent of 416 horsepower trump the Aston Martin Rapide S V12's 457 lb-ft from 5500 rpm and 550 hp? Autocar attempts to answer that question by drag racing them - which only leads us to ask more questions. Which is the fastest around a race track? Is the Tesla's relatively low top speed of 130 miles per hour (the Rapide S can reach 190 mph) forgivable in light of its astounding torque? Does that even matter?
We hope Autocar's Steve Sutcliffe will pit the Tesla and the Aston Martin against each other again in the near future to answer those questions, and pick once and for all which one is the preferred luxury sedan. But until then he entertains us in the video below by raving about the Model S's attributes, pitching it into medium-speed sweepers and getting it a bit sideways with nothing but road and tire noise permeating the cabin - something people in the UK can experience for themselves once right-hand-drive cars go on sale there this spring.