These smiling businessmen from BMW Group and PSA Peugeot Citroën have just inked a deal, signed by Norbert Reithofer, Chairman of the Board of Management of BMW AG, and Philippe Varin, Chairman of the Managing Board of PSA Peugeot Citroën, to develop the next generation jointly designed 4-cylinder petrol engine for selected MINIs, Peugeots and Citroëns.
[Source: BMW Blog]