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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.

These are the cars with the best and worst depreciation after 5 years

The average new vehicle sold in America loses nearly half of its initial value after five years of ownership. No surprise there; we all expect that shiny new car to start depreciating as soon as we drive it off the lot. But some vehicles lose value a lot faster than others. According to data provided by iSeeCars.com, trucks and truck-based sport utility vehicles generally hold their value better than other vehicle types, with the Jeep Wrangler — in both four-door Unlimited and standard two-door styles — and Toyota Tacoma sitting at the head of the pack. The Jeep Wrangler Unlimited's average five-year depreciation of 30.9% equals a loss in value of $12,168. That makes Jeep's four-door off-roader the best overall pick for buyers looking to minimize depreciation. The Toyota Tacoma's 32.4% loss in initial value means it loses just $10,496. The smaller dollar amount — the least amount of money lost after five years — indicates that Tacoma buyers pay less than Wrangler Unlimited buyers, on average, when they initially buy the vehicle. The standard two-door Jeep Wrangler is third on the list, depreciating 32.8% after five years and losing $10,824. Click here for a full list of the top 10 vehicles with the least depreciation over five years. On the other side of the depreciation coin, luxury sedans tend to plummet in value at a much faster rate than other vehicle types. The BMW 7 Series leads the losers with a 72.6% drop in value after five years, which equals an alarming $73,686. BMW's slightly smaller 5 Series is next, depreciating 70.1%, or $47,038, over the same period. Number three on the biggest losers list is the Nissan Leaf, the only electric vehicle to appear in the bottom 10. The electric hatchback matches the 5 Series with a 70.1% drop in value, but since it's a much cheaper vehicle, that percentage equals a much smaller $23,470 loss. Click here for a full list of the top 10 vehicles with the most depreciation over five years.

2015 Mercedes-Benz SLK250 Quick Spin [w/video]

We car writers tend to have a occupationally limited focus. Autoblog's stock in trade is automotive news and new car reviews, which often steers us towards forgetting existing models about 17 minutes after we've driven it a second time. You guys like reading about the new hotness, too, so it tends to work out. But the wonderful fact is that every car sold today will have a rich/interesting/heroic/tragic life for years to come. And, occasionally, even obsolete makes and models stay interesting. That was my thinking when this 2015 Mercedes-Benz SLK250 came into our fleet. Set to be replaced with the SLK300, with that car's 2.0-liter turbo'd engine, the 250 is already running out the clock in Mercedes dealerships. What's more, my test car came complete with – are you ready for this? – a six-speed manual transmission. I can't tell you the last exact model of Benz that I'd driven with a stick shift, but I can assure you that its engine was carbureted. Considering the odd spec and replacement timeline, my question, as I drove the SLK for a week: was this a unicorn destined to be a driver's dearest find? Driving Notes: Let me not bury the lede any more: the six-speed isn't a game changer for the SLK. Yeah, over the course of a few days I came to be comfortable with the slightly vague clutch and notchy shifter, but I didn't love it. I went blasting on a few back roads, and found the hand-shaker more involving to use than the standard auto, but it was long to throw and not overly precise when I moved up and down between second, third, and fourth. On the other hand, the old 1.8T under the SLK250's bonnet still felt well matched with the base SLK's boulevardier mission. Output of 201 horsepower and 229 pound-feet of torque doesn't give enough gumption to move the hardtop German lump with authority, but it was still enough to be quick off the line and offer easy highway passing. The turbo four didn't sound bad under full throttle, either, but it did rattle like old plumbing when idling in the driveway. Speaking of rattling: the adjustable and Airscarf-equipped seats did a lot of it. (Airscarf, you'll recall, is M-B's brand name for an in-seat fan that blows hot air on your neck; it's nice on a cold day.) Though comfortable and mildly bolstered, the driver's chair made all kinds of funny noises when I got in, got out, or cornered over 20 miles per hour. That's rough for a luxury car with 6,000 (or so) miles on it.