BMW and Mercedes Benz Reach Deal To Pool Purchasing Of Common Parts

BMW the world's largest premium carmaker, has reached a deal with arch rival Daimler to pool their purchase of some car parts, BMW development chief Klaus Draeger told a German magazine.
"The use of economies of scale is successively being implemented. We do not need to wait for a model change or official announcements," he said in comments published by auto motor und sport.
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