FRANKFURT (Thomson Financial) - Daimler AG is in talks with Fiat SpA over a cooperation to develop its next generation compact A-class and B-class models, Auto Motor und Sport magazine said, without saying where it got the information.
Daimler's chief executive has talked personally with Fiat's CEO Sergio Marchionne about setting up a cooperation that could help the German carmaker produce compact cars more cheaply, it said.
The Italian carmaker would at the same time benefit from Daimler's expertise in the mid-range car segment, it said.
Daimler is also still in talks over a possible cooperation with Bayerische Motoren Werke AG that would see it using the Mini model's platform for its new A-class model coupes and convertibles, while offering the Smart model's rear-wheel drive platform for a new city-car model, the magazine said. maria.sheahan@thomson.com mas/vlb COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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