Aston Martin has reportedly decided to extend its engine supply agreement with Ford. The current supply deal is scheduled to end this year. According to media reports, the deal will ensure supply of V8 and V12 engines from Ford’s plant based in Cologne, Germany. However, the engines will have to be modified to meet more stringent Euro 6 emissions standards slated to take effect September of 2014.

The decision also suggests that the Midlands-based sports car maker will continue its VH platform for possibly the next five years. Aston Martin’s core models such as the DB9, Vanquish and Vantage are based on the platform.

The supply extension however does not really discount a possible tie-up with Daimler for a rumored platform sharing with a future Mercedes-Benz sports car. This possibility was brought about by the investment of Italian investment company Investindustrial, which acquired 37.5 percent of Aston Martin with a capital infusion of £150M recently.

In addition to the deal, the report from Sunday Times report also says that the British carmaker will also be appointing a replacement for CEO Ulrich Bez, who has headed the company for the past thirteen years.