Report: Daimler and Bmw deny ending cooperation talks

Spokesmen of Daimler AG and BMW AG have stated that talks on a possible cooperation between them are ongoing. There had been speculations that the talks have ended without success.

In particular, Der Spiegel magazine said talks to expand cooperation beyond hybrid powertains and purchasing to engines and transmissions have been broken off. A high-level manager was quoted to have said that there are “no new topics and no new meetings.” Der Spiegel reported that many meetings have transpired between Daimler CEO Dieter Zetsche and BMW’s Norbert Reithofer in the past year but nothing substantial came out of it.
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Yonder7 - 1/18/2010 8:43:38 PM

+3 Boost

My Dream is M3 with the AMG 6.2 engine...thats all, beyond that, I think both companies are doing great with their repective philosohies.

WorldofLuxury - 1/18/2010 10:35:19 PM

+2 Boost

I'm so used to reading DaimlerChrysler.