BMW, Mercedes-Benz discussing joint front-wheel drive platform

Thanks to rising development costs, greater market fragmentation, and the need to invest in both electric vehicles and self-driving car technology, automakers are increasingly coming together to share development costs and increase economies of scale. With that in mind, Harald Krüger, CEO of BMW, and Ola Källenius, CEO-in-waiting at Daimler, are said to be in wide-open collaboration talks between the sometimes bitter rivals.

Comments

Popular posts from this blog

JLR: Consumer confidence on the rise post-election

Teacher accused of using rented Toyota Supra for land-speed record attempt

Honda confirms NSX successor in the works

Donald Trump’s Lamborghini Diablo sets new auction price record

How many cupholders are too many? | Drive Flashback

New Norweld tray revealed for popular utes

Tesla cars to be banned from Chinese government buildings amid security fears — report

Which country has the most electric cars in the world?

Europe’s vehicle emissions haven’t changed in more than a decade, say officials

2024 Toyota LandCruiser 70 Series facelift spy photo