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BMW: signs big contract with INEOS Automotive

(CercleFinance.com) - BMW Group announces signing a major contract for the supply of engines with INEOS Automotive Limited Munich.


The order concerns the delivery of petrol and diesel engines. "The contract is a further important step in the BMW Group's strategy to expand its business providing drivetrains to industrial customers," the group said.

BMW TwinPower Turbo engines are for INEOS Automotive Ltd.'s project for a new all-terrain vehicle under a contract involving the delivery of a large number of engines. Through this agreement, the BMW Group opens new sales channels and will exploit new growth potential.

"Our company is famous for efficient high-performance engines that are among the best in the world," said Pieter Nota, Member of the BMW AG Board of Management responsible for Sales and Brand BMW and Aftersales BMW Group, adding that "We believe this is a business area with real growth potential."

The BMW Group engines with the latest fuel economy technology have been crowned "International Engine of the Year" in their category many times in recent years.




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