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Detroit NewsGeneral Motors Corp. and Ford Motor Co. are discussing a possible collaboration to develop new engines and other powertrain technologies, according to sources at both companies.
The rival automakers are keen to find ways to reduce research-and-development costs even as they struggle to respond to a dramatic shift in consumer demand from big trucks and sport utility vehicles toward smaller, more economical cars and crossovers.
A deal could give Ford access to GM's Volt technology -- if it becomes commercially viable. It could also help GM offset cuts to its product development budget.
(more at the link above)
Considering the success that Ford had with GM on their transmission development (all of the six-speed units found in FWD and AWD crossovers are a part of that venture), I'm excited to see if this comes to fruition. Ford could really use the E-Flex architecture to bring some big competition to Toyota and Honda, and similarly, GM could really use some of the notes on EcoBoost in their cars and trucks as well (EcoBoost G8 anyone?).
We'll see what happens, but I'm hoping it'll work out. Lets see if Chrysler tries to buy-in too...