PSA And BMW To Develop Engine

Date: 26th July 2002 Author: Tyrepress Editors Comments: 0

BMW and PSA (Peugeot-Citroen) are to jointly develop a new family of small petrol engines, with a target of one million units. The base for the project will be Munich and R&D will come from BMW, with PSA handling production and procurement. The total investment is said to be 750 million Euro.