It’s not unusual today for rival carmakers to work together in developing new technologies that will eventually be shared by both companies. One of the most significant partnerships in recent history was the co-development of hybrid technology by the then DaimlerChrysler, BMW and General Motors.
The next major joint-venture could be between Europe’s second-biggest volume car maker, PSA/Peugeot-Citroen, and the world’s two largest luxury labels, BMW and Mercedes-Benz.
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