BMW Group and PSA expand cooperation to hybrid systems for front-wheel vehicles

News | October 18th, 2010 by 5
45163 psa peugeotcitroen bmw 4b77aa1c80502 625x360

The BMW Group and PSA Peugeot Citroën intend to expand their successful cooperation by including hybrid components for front-wheel-drive vehicles. A memorandum of understanding to …

The BMW Group and PSA Peugeot Citroën intend to expand their successful cooperation by including hybrid components for front-wheel-drive vehicles.

A memorandum of understanding to this effect has been signed by Norbert Reithofer, Chairman of the Board of Management of BMW AG, and Philippe Varin, Chairman of the Managing Board of PSA Peugeot Citroën.

The components are to be used in front-wheel-drive vehicles with electrified drive trains. Joint development and production of components as well as joint purchasing will leverage significant economies of scale for both partners. It will also allow them to standardise key elements for the electrification of vehicles.

45163 psa peugeotcitroen bmw 4b77aa1c80502 625x360“This cooperation will deliver a major contribution towards a competitive cost structure in the field of electrification. It also represents another important step on the road to sustainable mobility,” said Reithofer.

“We are pleased to broaden our long-standing cooperation based on the strong relationship that exists between our two companies,” added Philippe Varin. “Combining both partners’ expertise in hybrid technologies will clearly create competitive advantage.”

Both parties have agreed not to disclose financial details of the agreement.

The BMW Group and PSA Peugeot Citroën have been successfully cooperating on engines for several years. In February 2010, the two companies agreed to develop the next generation of their jointly designed 4-cylinder petrol engine, which will also meet EU 6 requirements. The joint engine is currently built into a number of MINI, Peugeot and Citroën brand models.

[Source: BMW ]

5 responses to “BMW Group and PSA expand cooperation to hybrid systems for front-wheel vehicles”

  1. Julien says:

    uqhhhh, is there anymore good news about Bmw anymore? I am getting sick of this hybrid and front wheel drive crap!
    I miss the old Bmw!

    • JakeM says:

      BMW needs these new cars to adapt to and survive these modern times.

      Let’s get real. Most people who buy a BMW don’t give a damn about handling, sport or the fact that they’re RWD. They want the badge.

      The small number of enthusiasts that really buy BMWs (or other brands) for what they are WON’T BE FORCED TO BUY THESE FWD CARS. Period. I don’t see what the big deal is with BMW and FWD. Just because BMW is going to build FWD cars won’t mean they’ll forget how to make a proper RWD car.

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