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Official: Aston Martin gets its hands on Mercedes AMG engines & Electronic Architecture

Aston Martin & AMG confirm they’re getting in bed together Back in December we reported that Aston Martin had new investment from Investindustrial and wondered if that would mean – thanks to an existing relationship between Investindustrial and AMG – if we’d see Aston Martin finally getting access to AMG’s engines and platforms. By May, things had moved on and it was clear that Aston Martin and AMG were in talks for Aston Martin to get access to their engines for the next generation of AML’s cars. Now those talks have borne fruit and AMG and AML have signed a letter of intent for Aston Martin to “access significant Mercedes-AMG GmbH and Mercedes-Benz Cars’ resources, allowing the development of bespoke V8 powertrains and the use of certain components of electric/electronic (e/e) architecture.” Interestingly, there’s no talk of V12 engines – which could mean Aston Martin are going to move from the current Ford V12 for the DB9 and Vanquish to a powerful V8 from AMG – and nor is there talk of sharing platforms.

VIDEO: Ford test-drives the 2011 Mustang GT500 at Virginia International Raceway

What's it like to drive the 2011 Ford Mustang GT500? Watch this video and get a taste. Ford's Special Vehicle Team engineers recently put this new pony car though its paces at Virginia International Raceway.

Crunch watch Jan 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Gareth Evans Motor Industry 30 January 2009 12:39 Friday 30 January 2009• Honda is about to close the Swindon factory for four months when Friday's shifts are finished; the shutdown will affect 2500 of the 3700 staff, who will receive full pay for two months and then 60% pay for the next eight weeks (BBC News)• Porsche has announced a sharp drop in sales and likely profits. It forecasts a 27% drop in 911, Boxster, Cayman and Cayenne sales to around 34,000 units in the six months to the end of January 2009 (Financial Times, subscription required)• Ford wants Washington to do more to stimulate car sales, after posting a record loss of nearly $14.6 billion earlier this week (Detroit News)• Honda's quarterly profit has crashed by 90% – forcing the Japanese car maker to halve its annual profit target (Detroit Free Press)Thursday 29 January 2009• Ford of Europe is a bright spot in the Blue Oval's quarterly results today, making $1.06 billion pre-tax profit in 2008 (up from $997m in 2007). It's the first profit of more than $1bn since 1989 (Automotive News Europe, subscription required)• Volvo suffered a 'disastrous 2008' with a pre-tax loss of $1.46bn.