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BMW says it and PSA Peugeot agree to examine expanding ...

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merien
Posted: Mon Dec 18, 2006 1:40 pm Reply with quote
Administrator Joined: 23 Oct 2006 Posts: 35 Location: The Netherlands
BMW says it and PSA Peugeot agree to examine expanding engine tie-up

FRANKFURT (AFX) - BMW AG said it has agreed with PSA Peugeot Citroen to examine expanding the companies' engine tie-up.

BMW and PSA Peugeot (other-otc: PEUGY.PK - news - people ) said in a joint statement that they will conduct a feasibility study for a new four-cylinder petrol motor family.

They added that should the study's results confirm the expected technological, financial and industrial advantages, both car makers will start a joint development project.

Source: Forbes.com

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mrfixit
Posted: Wed Feb 06, 2008 2:37 pm Reply with quote
Joined: 06 Feb 2008 Posts: 3
Peugeot are also suggesting there could be a "stronger tie" between themselves and Mitsubishi, possibly even a buy out of the oriental manufacturer, but is this another case of "technology stripping", like with BMW and landrover?
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