The next generation of Saab models may very well be powered by BMW engines if negotiations between the two automakers are successful. Following widespread media speculations on the matter, Spyker N.V., the parent company of the Swedish carmaker confirmed talks with BMW.

Here's the official statement:

"Spyker Cars N.V. ("the Group"), a holding company that owns subsidiaries which produce and sell premium automobiles under the Saab and Spyker brands, has noted recent press speculation about the possible supply relationship with BMW. The Group confirms that talks are ongoing and will give further details once a final agreement has been reached."

A report from Bloomberg citing an unnamed person with direct knowledge of the matter said the first Saab to benefit from the proposed deal would be the next 9-3 model, due for release in 2012. According to the source, Saab will make use of a new 222-horsepower engine that BMW is developing, which has yet to be introduced in any of the Bavarian automaker's cars. The same engine would find its way under the hood of the new 9-5.

The person said the two automakers are also in talks about Saab buying diesel engines from BMW, as well as the possible use of the MINI Countryman's platform for the future 9-2 premium sub-compact. A final announcement on the deal could be made in a week