Toyota & BMW Partners Up for Sports Car UPDATE: *Possible 6-Series Based Supra!*

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 Imagine the possibilities.
http://www.autoblog.com/2012/06/29/bmw-and-toyota-to-partner-on-sports-car-and-ev-tech/#continued
BMW Group and Toyota Motor Corporation agree to further strengthen collaboration

29.06.2012

Companies sign MoU aimed at collaboration in four fields of technology

Tokyo/Munich. Akio Toyoda, President of Toyota Motor Corporation (TMC), met today with Norbert Reithofer, Chairman of the Board of Management of BMW AG, at BMW Group headquarters in Munich to announce the planned expansion of their existing cooperation initiated in December last year. The two companies signed a Memorandum of Understanding (MoU) aimed at long-term strategic collaboration in four fields: joint development of a fuel cell system, joint development of architecture and components for a future sports vehicle, collaboration on powertrain electrification and joint research and development on lightweight technologies.

Also today, Norbert Reithofer and Akio Toyoda of TMC both signed a Joint Statement to reconfirm their companies' shared intention to strengthen the long-term, strategic collaboration between them.

Reithofer said: "We aim to further strengthen our competitive position in sustainable future technologies. We signed an MoU to this effect today. Toyota and the BMW Group share the same strategic vision of sustainable individual future mobility. Together we have a great opportunity to continue leading our industry through this transformation."

Toyoda added: "BMW and Toyota both want to make ever-better cars. We respect each other. And I think this is shown by our taking the next step only six months since the signing of our initial agreement. Toyota is strong in environment-friendly hybrids and fuel cells. On the other hand, I believe BMW's strength is in developing sports cars. I am excited to think of the cars that will result from this relationship."

In March 2012, the BMW Group and TMC signed a binding agreement on collaborative research in the field of next-generation lithium-ion battery cells. In addition, the BMW Group and Toyota Motor Europe entered into a contract under which the BMW Group will supply highly-efficient 1.6 litre and 2.0 litre diesel engines to Toyota Motor Europe, starting in 2014.

Today's MoU represents the companies' agreement in December last year to identify and discuss other possible collaborative projects. 



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Hehe... Hopefully this means well see some fast Toyotas and a Bimmer that lasts longer than three years
laugh.gif
 
hopefully they make a rwd car like the frs but with a decent engine.
 
335i= new supra already.

Visnhu single turbos put down 650 hp. just like single turbo supras. only time and wee will see 1000hp 335i

N54 FTW
 
BMW Rep Says Toyota's Sports Car will Have a Unique Design, Insider Hints at 6-Series-Based Supra

The sports car that BMW and Toyota plan to jointly develop could be a way for Toyota to leap back into a performance segment it has abandoned or possibly provide a high-priced sports model for Toyota's Lexus brand.

The two companies agreed last week to work together on an "environmentally friendly" sports car as well as on fuel-cell, electric vehicle components and lightweight materials.

"BMW's strength is in developing sports cars," said Toyota President Akio Toyoda, a racing fan who repeatedly has said he wants to add zest to Toyota's lineup. "I am excited to think of the cars that will result from this relationship."

Toyoda and BMW CEO Norbert Reithofer signed the agreement in Munich.

Details and timing of the cooperation were not discussed. But the sports cars will not be identical or share a common exterior design like the jointly developed Subaru BRZ, Toyota 86 and Scion FR-S coupes, said a BMW spokeswoman in Munich. The Subaru/Toyota coupes went on sale this year.

BMW's vehicle "will be a sustainable sports car with environmentally friendly technology," she said. "We are developing the architecture and components for this future car."

A BMW insider speculated that the collaboration could provide the basis for the return of the Toyota Supra, possibly using the BMW 6-series architecture. The Supra, once the performance spearhead of the Toyota lineup, was last produced in 2002.

"Anything is possible," the senior BMW manager told Autoweek, a sibling publication of Automotive News Europe. "The key factor is that the products of both companies retain their own individual character, despite jointly developed technologies."
 
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