BMW denies seeking deeper JV with Peugeot

Newswire

FRANKFURT, Nov 25 (Reuters) - German carmaker BMW on Monday denied it was considering building new Mini derivatives on a joint platform with France's PSA Peugeot- Citroen , as suggested in research by Goldman Sachs. Goldman cited supplier sources as saying the German group was seeking to utilise Peugeot's expertise in low-cost small cars for its new Mini, in a note published on Monday. Such a move would extend a petrol engine joint venture announced in July and would also further the ...

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