Monday, October 18, 2010

BMW Group and PSA Peugeot Citroën want to Expand Cooperation to Hybrid Systems


The ongoing love affair between the BMW Group and PSA Peugeot Citroën has just become more intense as the two companies announced today their intention to further expand the cooperation to include hybrid components for front-wheel-drive vehicles by singing a memorandum of understanding. Both parties have agreed not to disclose financial details of the agreement.

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