German carmaker BMW announced today an extension to the existing collaboration agreement with French group PSA Peugeot Citroen, as the perfect means for the two carmakers to further develop a new 4 cylinder petrol engine.
The deal, signed by BMW’s chairman of the board Norbert Reithofer and his PSA counterpart, Philippe Varin, calls for the creation of a unit which will meet EU6 requirements. The two will use as a basis the engine employed currently in several MINI, Peugeot and Citroen mode… (read more)