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Mitsubishi Motors and smart sign agreement on
engine supply
Tokyo - Mitsubishi Motors
Corporation (MMC) and smart gmbh, a 100 percent owned subsidiary of
DaimlerChrysler AG, have signed an agreement on engine supply. MMC will
supply an engine of the same type as the turbo-charged engine to be used
in i, MMC's new concept minicar due for launch in January 2006.
The engine will be further
developed for use in smart's fortwo successor model. After the launch of
the current smart fortwo in October 1998, its successor will be available
from 2007 onwards.
MMC and DaimlerChrysler have
been cooperating on various win-win projects in recent years and further
ones are constantly in discussion. They generate substantial synergy
effects for all partners and this engine supply agreement is another part
of this cooperative relationship.
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The engines to be supplied
are the natural aspirated and turbo-charged engines based on the engine
developed for i and will be produced at MMC's powertrain production
facility in Mizushima, Okayama Prefecture, Japan. |
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