At the annual accounts press conference in Germany today, BMW CEO Norbert Reithofer confirmed that his company has plans to build a small, front-wheel drive car likely to compete with the Audi A1. The car could be assembled on a new joint architecture currently in the research phase.
This platform would be suitable for both front- and four-wheel drive systems, and would likely be shared by both MINI and BMW. Any architecture for this purpose would be "modular," and be applicable "to various models and brands," according to the executive.
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