Posts Tagged ‘automobile manufacturers’
BMW to save 100 Million Euros for the Purchase Contract Daimler
German carmaker BMW is expected that a cooperation agreement with Daimler buying rival will save approximately 100 million Euros (126 million) a year from the period 2012/2013, “said Director purchases of the company.
“We are pleased with the cooperation. Will bear fruit in time, “Herbert Diess said in an interview with Reuters?
Automobile manufacturers seek to reduce costs by increasing the scale, and many have been seeking alliances to achieve synergies of operations without including private capital.
BMW and Daimler already buy a combined two-digit number of components to obtain better prices. Diess said that cooperation will be extended, without further precision.
BMW is also considering options for a purchase agreement with Citroen France, PSA Peugeot, which already supplies diesel engines for the BMW Mini.
Diess said he had not yet taken a decision, adding that no other company would be required beyond the two that would be required.