DaimlerChrysler will dramatically reduce the range of engines it offers by 2006.
In the latest cost-cutting drive initiated by the group's Executive Automotive Committee, the number of diesel engines will be cut from 16 to 13; the number of four-cylinder engines from 13 to nine; and the number of six-cylinder engines from 11 to eight.
The cutbacks also affect engines used in DaimlerChrysler's premium vehicles. In future, there will be eight rather than 10 eight- and 12-cylinder engines.
In total, 12 engines will be removed from the DaimlerChrysler lineup.
DaimlerChrysler will also reduce transmission variety. In the future, DaimlerChrysler will only offer 11 automatic transmissions instead of the current 13.
DaimlerChrysler's Mitsubishi, Hyundai and Chrysler brands are already jointly developing a new four-cylinder diesel engine. Meanwhile, Mercedes Benz will supply the technical know-how for a new generation of direct-injection engines.
In May, DaimlerChrysler founded the Global Engine Alliance, a joint venture to develop four-cylinder gasoline engines. Mitsubishi, Hyundai and Chrysler are equal partners. Together, they expect to produce 1.5 million units a year.
The new diesel and gasoline engines will be used exclusively in models produced by the three brands.
Cars equipped with the new four-cylinder gasoline engines will arrive in 2004. The diesel engines will follow one or two years later.