egmCarTech

According to a report by the Financial Times Deutschland BMW is in talks with GM and Fiat to sell its rivals its own engines and transmissions. The newspaper cited company sources that talks are currently being held while BMW is also in talks with Mercedes-Benz on a partnership in the compact segment.

Selling engines to GM and Fiat, BMW will be able to increase revenue and reduce spending by spreading out the development and production cost over its engine and transmissions.

The German business daily said that all three companies decline to comment on the matter.

 

Source: Automotive News (Subscription Required)

[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, Automotive, BMW, GM, Fiat[/tags]

Related Posts:

1. Report: Fiat to ship Fiat 500 and Alfa Romeo 940 to the U.S.
2. Hyundai may sell 4-cylinder engines to Mercedes-Benz
3. Chrysler in talks with Fiat to produce Alfa Romeos in the U.S.
4. BMW confirms it is in talks with GM, Daimler and Fiat to sell engines
5. Fiat suspends production of 1.3 Multijet diesel engine