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PressClub USA · Article.
The BMW Group and PSA Peugeot Citroën join forces to develop and produce a new family of gasoline engines
Tue Jul 23 12:00:00 CEST 2002 Press Release
The BMW Group and PSA Peugeot Citroën have announced today that they have joined forces to develop and manufacture a new family of small gasoline engines. Peugeot, Citroën and future variants of MINI vehicles will be equipped with engines out of this cooperation project.
Munich. The BMW Group and PSA Peugeot Citroën have announced today that they
have joined forces to develop and manufacture a new family of small gasoline
engines. Peugeot, Citroën and future variants of MINI vehicles will be equipped
with engines out of this cooperation project. The engine will benefit from the
latest technologies.
The BMW Group R&D department will be in charge of designing the engines, and
the common project team will be based in Munich. PSA Peugeot Citroën will
manage process development, engineering for production as well as procurement.
The production capacity will meet the future needs of Peugeot, Citroën and MINI
vehicles and could reach up to 1,000,000 units a year.
The cooperation, which calls for both expertise in automotive technologies and
the ability to manage large-scale production, is expected to generate economies
of scale and meet both partners' segment specific gasoline engine requirements.
For questions please contact:
Corporate Communications
Marc Hassinger, Corporate Communications, Business and Finance
Telephone: (+49 89) 382-23362, Fax: (+49 89) 382-24418
Peik von Bestenbostel, Corporate Communications
Telephone: (+49 89) 382-22332, Fax: (+49 89) 382-29756
Media Website: www.press.bmwgroup.com