VIENNA - Steyr-Daimler-Puch AG is negotiating with a US company that wants to license Steyr's turbocharged M1 direct-injection diesel engines for light trucks and passenger cars.
US companies sell only a handful of diesels in light vehicles now, mostly in large pickup trucks.
M1 engines are highly economical and comply with most emission and noise standards, said Steyr President Rudolf Streicher.
The M1 has been licensed to the Russian maker AutoGAZ and the Korean maker Daewoo.
Daewoo has a license to produce 100,000 M1 engines a year in Asia, but it wants to change it to a worldwide license. A global license would allow Daewoo to build them in Poland, but the license would not be exclusive.
Steyr-Daimler-Puch also sells a high-pressure injector, which is already used in several European automotive diesel engines.