News
BMW and Mercedes to form purchasing agreement
Tuesday, 12 August 2008
While BMW recently announced a new partnership with Fiat, the carmaker’s ongoing talks with arch-rival Mercedes-Benz are still well in progress and have reportedly turned to negotiations over procurement and purchasing agreements.
Both German luxury marques are looking to reduce costs by combining their purchases for vehicle components that aren’t visible to consumers, such as automatic window motors, air-conditioning systems and entry-level engines.
Furthermore, Auto Motor und Sport is reporting that BMW and Mercedes will share development for their future V12 engines and could possibly even include Aston Martin. According to reports leaked late last week, Aston Martin and Mercedes are already tied in negotiations and are planning to share everything from platforms to engines and transmissions.
Source: www.motorauthority.com