If you are about to go head over heels at a prospect of seeing a BMW 3-series carrying the Fiat label, you need not worry, the cooperation agreement proposes that the Mini and Alfa Romeo brands will share future platforms.

Today BMW announced they have signed a Memorandum of Understanding to share future platforms with the Fiat group. If you are about to go head over heels at a prospect of seeing a BMW 3-series carrying the Fiat label, you need not worry, the cooperation agreement proposes that the Mini and Alfa Romeo brands will share future platforms.

"We are currently examining with the Fiat Group possibilities for the joint use of components and systems in MINI and Alfa Romeo vehicles in order to achieve economies of scale and thus cost reductions within the framework of our Strategy Number ONE",said Friedrich Eichiner, member of the Board of Management of BMW AG.

Full details of how the collaboration will work are yet to be revealed, but it is likely the agreement will not be seen in production form until the third generation Mini Cooper which is still some five years away.

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