BMW, Daimler Extend Linkup to Include Joint Development of Car-Seat Frames

Bayerische Motoren Werke (BMW) AG and Daimler AG, the world’s two largest luxury-car manufacturers, will extend their cooperation on joint development and purchasing to include car-seat frames to lower costs.

The cooperation is part of a joint-purchasing program between Munich-based BMW and Daimler in Stuttgart, Daimler spokesman Florian Martens said in a telephone interview today. The carmakers may save 150 million euros ($194 million) to 200 million euros each a year if the seats are used across all models, BMW spokesman Frank Wienstroth said.

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http://www.bloomberg.com/news/2010-07-26/bmw-daimler-extend-linkup-to-include-joint-development-of-car-seat-frames.html