Aston Martin issued the following press release:
Late in 2004, Aston Martin engines, currently built by Audi AG subsidiary Cosworth Technology, are to be manufactured in-house.
Production of all V12 engines will be transferred to an Aston Martin-dedicated purpose-built facility in Cologne, Germany. — Ford's agreement to sell Aston Martin.
Dr Ulrich Bez, Chief Executive Officer, said the move was no reflection on the company’s current engine-building agreement but the time was now right to consider a move.
’From 2005 our annual production will increase three-fold and the switch to Cologne for our V12 engine will enable this to happen,’ said Dr Bez. ’This production base will also be totally flexible allowing us to assemble modular engine concepts and variants. — Audi Group's design leadership.
’All the engines built within this facility will be unique to Aston Martin and a perfect fit in terms of technology requirements, quality control and lean production techniques.’ — MG production resumption at Longbridge.
The new facility, which is currently being prepared for Aston Martin engine production, is within the Ford engine plant in Cologne.
