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

  1. 12-18-2006 01:40 PM #1
    imported_admin
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    Default BMW says it and PSA Peugeot agree to examine expanding ...

    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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  2. 02-06-2008 02:37 PM #2
    mrfixit
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    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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