BMW and Hyundai Reportedly in Talks to Develop a New Engine Family

Automakers try to achieve economy of scales through alliances, and that holds true for even the most successful brands these days.

The BMW Group, which only recently expanded its cooperation with the PSA Peugeot Citroen Group to include hybrid components and Toyota Motor Corp. to begin a collaborative effort in the development of next-generation lithium-ion battery cells, is now said to be in talks with South Korea's Hyundai Motors.

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