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BMW, PSA to invest 100 million euros in joint hybrid technologies
BMW’s Reithofer (left) and PSA’s Varin held a joint press briefing on the eve of the Geneva auto showBMW and PSA/Peugeot-Citroen said they would invest 100 million euros in a joint venture to develop new hybrid technologies.The two carmakers also said in a press release that r&d for the venture ...