BMW: No further cooperation with PSA image

Reuters announced today, citing some industry magazines, that BMW is not thinking about extending joint projects with PSA Peugeot Citroen.
“A further cooperation in the area of other components, let alone platforms, is not planned,” BMW’s head of research and development, Klaus Draeger, told Germany’s auto motor und sport enthusiast magazine in an interview published on Thursday.

However, a spokesman for BMW said the quote in Auto Motor und Sport is “misleading,” saying that nothing has changed since early February, when BMW’s chief executive, Norbert Reithofer said the two companies would “look into options for further collaboration,” citing the possibility of joint development, production and procurement at a systems and component level.

Draeger also said in the interview that Daimler’s Mercedes-Benz unit and BMW continue to purchase a double-digit number of components jointly, but aimed to expand this by identifying further parts they could buy together to gain scale.