-BMW AG to establish JV with PSA Peugeot Citroen.Auto Business News-June 22, 2012--BMW AG to establish JV with PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce. Peugeot Citroen(C)1994-2012 ENPublishing - http://www.enpublishing.co.uk
Auto Business News - 22 June 2012
BMW AG (Xetra: BMW), a Germany-based automaker, is planning to set up a joint venture with France-based PSA Peugeot Citroen.
The joint venture is to produce hybrid vehicles. It will be named BMW Peugeot Citroen Electrification e·lec·tri·fy
tr.v. e·lec·tri·fied, e·lec·tri·fy·ing, e·lec·tri·fies
1. To produce electric charge on or in (a conductor).
a. . According to French financial daily, La Tribune, BMW is expected to acquire a majority share in the joint venture.
AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. has reported, citing a BMW spokeswoman, 'The alliance between PSA and GM has changed the joint venture's conditions.'
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