BMW TO PROVIDE NEW SAAB ENGINES
Baku, September 29 (AZERTAC). BMW and Saab-owner Spyker have announced that the German firm will provide engines for the Swedish cars from 2012 onwards.
BMW and Saab-owner Spyker have announced that the German firm will provide engines for the Swedish cars from 2012 onwards.
The four-cylinder 1.6-litre turbo-charged petrol engines will be adapted for Saab`s next generation of cars.
Saab chairman Victor Muller said the two firms "are open to explore further opportunities... in the future."
The loss-making Swedish carmaker was sold to Spyker by General Motors (GM) during its bankruptcy in February.
"BMW`s engines and their fuel savings innovations are widely regarded as a benchmark in the premium segment," said Saab chief executive Jan Ake Jonsson.
Saab sold only 10,500 vehicles in the first half of this year, down by more than half from 24,300 a year earlier.
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