Saab and BMW Announce Engine Supply Agreement for Next-Generation Vehicles

Strategic Insights -

Saab Automobile has secured an agreement with BMW to supply engines for its next-generation vehicles. As part of the purchase, supply, and development agreement, BMW will provide Saab with 4-cylinder 1.6 liter turbocharged gasoline engines starting from 2012. These engines will be tailored to meet Saab's specific requirements, ensuring a seamless integration into their vehicles. The agreement was formalized at a signing ceremony in Trollhattan, Sweden, with prominent figures from both companies in attendance.

Key Takeaways:

  • Saab Automobile has partnered with BMW to supply engines for its next-generation vehicles.
  • BMW will provide Saab with 4-cylinder 1.6 liter turbocharged gasoline engines starting from 2012.
  • The engines will be adapted to meet Saab's specific requirements, ensuring a seamless integration into their vehicles.
  • The contract was signed by Saab Automobile CEO Jan Ake Jonsson, Saab Automobile Chairman Victor Muller, and Ian Robertson, Member of the Board of Management of BMW AG, responsible for Sales and Marketing.
  • Saab aims to capitalize on BMW's expertise while leveraging its own engineering prowess.
  • The partnership marks a significant milestone in Saab's efforts to become a profitable independent premium car maker.
  • BMW aims to expand its powertrain system sales business worldwide as part of its Strategy Number ONE.

Statistics:

  • The agreement will start from 2012, marking a new era in the partnership between Saab and BMW.
  • The engines to be supplied by BMW will be 4-cylinder 1.6 liter turbocharged gasoline engines.
  • The agreement is a major step forward for Saab's plans to become a profitable independent premium car maker.
  • BMW's engines are renowned for their fuel savings innovations and performance, making them a benchmark in the premium segment.
  • The partnership marks another achievement in BMW's Strategy Number ONE to expand its powertrain system sales worldwide.

Sources:

  • Journal of Transportation editors from staff and other reports
  • VerticalNews.com
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