I just got this in via email from Automotive News. It’s not Saab-specific, but could have some ramifications for the brand going into the future.
Personally, I’d love to know what happened to the Variable Compression Engine…….but I digress.
FRANKFURT (Reuters) — German luxury carmaker BMW has joined DaimlerChrysler and General Motors in an alliance to develop new hybrid vehicle technology, DaimlerChrysler and GM said on Wednesday.
A joint statement said the three carmakers had signed a memorandum of understanding to become equal partners in the project. DaimlerChrysler and GM last month finalized a deal to co-develop new hybrid vehicle technology as they try to catch up with Japanese rivals on the fuel-saving systems that reduce harmful emissions.
The automakers have said they will develop a "two-mode" hybrid technology that boosts both acceleration and fuel economy by 25 percent and can be used on a wide variety of vehicles.
Joining the project marks a shift of emphasis for BMW. The world’s largest maker of premium cars has until now focused on developing next-generation powertrains that either burn hydrogen in converted internal-combustion engines or that use hydrogen in fuel cells.
The alliance teamed GM, the world’s biggest automaker, and German-American DaimlerChrysler, the global number five, against such rivals as Toyota Motor Corp. and Honda Motor Co. Ltd., which have a head start in the hybrid market.