BMW AG doesn't plan to extend joint projects with PSA/Peugeot-Citroen SA beyond its existing engine partnership, according to a report in Germany magazine auto motor und sport.
In an interview published last Thursday, Klaus Draeger, BMW's head of research and development, said that there are no plans to collaborate with PSA with regards to platforms or any other component. A BMW spokesman commented that the report in auto motor und sport is "misleading."
He cited that the statement last February by BMW CEO Norbert Reithofer to "look into options for further collaboration" remains unchanged.
Back then, Reithofer mentioned the possibility of joint development, production and procurement at a systems and component level.
Reithofer's statement was released after an announcement that these companies will be extending their engine cooperation and that they have agreed to have a joint development for the next generation of four-cylinder gasoline engines that comply with the forthcoming Euro 6 emission requirements.
The tie-up between BMW and PSA has produced over 1.3 million engines since 2006. The first project they worked on was the manufacture of a family of 1.6-liter units put in Mini, Peugeot and Citroen cars. [via autonews - sub. required]