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Old 07-06-2007, 01:00 PM
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Arrow BMW, DaimlerChrysler in talks to cooperate on compact car - report

FRANKFURT (Thomson Financial) - Bayerische Motoren Werke AG and DaimlerChrysler AG's Mercedes division are in talks to cooperate on making a compact car based on BMW's Mini model, Auto Bild magazine reported, without saying where it got the information.

A decision is expected at the end of this month, it said.

A spokesman for DaimlerChrysler declined to comment on the matter, but added that the company does not rule out cooperation with peers.

DaimlerChrysler yesterday denied a report saying the company plans to expand its existing hybrid engine cooperation with BMW.

Copyright AFX News Limited 2007. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

Source: [url=http://www.abcmoney.co.uk/news/04200797737.htm]ABCmoney.co.uk[/url]
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