BMW looks to sell powertrains to GM, Fiat -paper

Newswire

FRANKFURT, Feb 27 (Reuters) - BMW , the world's largest premium carmaker, is in negotiations to sell to rivals General Motors and Fiat its own engines and transmissions, the Financial Times Deutschland reported. Citing sources at the companies, the German business daily is set to write in its Thursday edition that the talks are being held, although BMW is also seeking to deepen ties to Daimler's Mercedes-Benz, since a partnership in the compact segment is proving very difficult to achieve. ...

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