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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' Tesla fighter will have 311-mile range

Mercedes-Benz is preparing to take the fight to Tesla, and it'll do it using an EV with up to a 311-mile range, the company's research-and-design boss told German publication Auto Motor und Sport (Google Translate warning). Perhaps more impressive than just the range, though, will be the modular nature of the EV platform, which will allow Stuttgart to easily adapt it to multiple vehicles. "We are working on an intelligent concept for a highly attractive electric vehicle with a range of [228-311 miles]," Mercedes' Thomas Weber said in the interview with Auto Motor und Sport. Weber added that this vehicle is coming "soon," although that word can have multiple meanings in this industry. Mercedes is taking Tesla and the all-electric vehicle increasingly seriously, as Automotive News reports. But while it continues to invest heavily in EVs and hydrogen fuel cells – roughly half of Daimler's $6.4 billion research-and-design budget went into research on low-emissions tech last year – the company is most heavily committed to plug-in hybrids. As previously announced, Stuttgart will field ten new PHVs by 2017, including electrified variants of the C- and S-Class.

Driving the Toyota Supra and Subaru WRX STI S209 | Autoblog Podcast #625

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by West Coast Editor James Riswick and News Editor Joel Stocksdale. First, they talk about the cars they've been driving, including the Toyota Supra, Subaru WRX STI S209, and the Mercedes-Benz CLA and GLB. They also discuss rumors of the Kia Stinger getting killed off. Greg Migliore takes a break to chat with Autoblog contributor Dan Edmunds to talk about the cars he's been testing. Finally, our editors take to the mailbag to help a listener pick a sport truck in the "Spend My Money" segment. Autoblog Podcast #625 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving: Toyota Supra Subaru WRX STI S209 Mercedes-Benz CLA-Class Mercedes-Benz GLB-Class Kia Stinger death rumor Chat with Dan Edmunds Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Podcasts Kia Mercedes-Benz Subaru Toyota Used Car Buying Truck Coupe Crossover SUV Luxury Performance Sedan