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BMW and PSA share a couple powertrains: The diesel Minis have the 1.6 HDi developed by PSA, while the 1.4- and 1.6-liter gasoline engines were co-developed with BMW. However, BMW chief exec Norbert Reithofer has confirmed in the Financial Times that the two European automakers could begin sharing not just powertrains, but platforms as well – specifically with Mini. From here, we can speculate that the DS3 could form the underpinnings of a forthcoming Mini SUV? Perhaps a new Peugeot 207 Joh

According to an affidavit filed in the New York U.S. Bankruptcy Court where Chrysler filed for Chapter 11, the automaker's Co-President and Vice Chairman Tom LaSorda is quoted as saying "Chrysler has attempted in recent weeks to sell product lines and other units to a number of Chinese companies, but these efforts ... have been unsuccessful." The now bankrupt automaker offered the Chinese firms – including the Beijing Automotive Industry Holding Co. and Chery – engines, transmissions

David Cole at the Center for Automotive Research (CAR) says that there is going to be another round of mergers in the auto industry. That's not difficult to swallow, with execs at smaller companies like Renault's Carlos Ghosn having been on the hunt for good alliances for years. Even German nemeses BMW and Mercedes have been mooting the idea of working together on small engines, which doesn't sound so crazy today, but a few years ago would have had their respective fans in apoplexy.

Thanks to Ford's poor financial health, there has been all kinds of speculation about alliances it could make with other carmakers. Toyota has been at the top of that list ever since CEO Alan Mulally paid the automaker a visit in Japan shortly after starting work in Dearborn. Although there have been recent indications from Toyota that it was open to technical cooperation with other companies, anything more substantial seems to be off the table for now. Toyota Motor Corp. President Katsuaki Wata

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