Toyota JV’s With BMW to Build A Sports Car
Toyota’s Toyoda and BMW’ Norbert Reithofer have signed an agreement in Munich recently to jointly build a high-end sports car. There is a chance this could be the next Toyota Supra riding on a BMW 6-Series platform. Toyota could use technology from the BMW i8 plug-in hybrid sports car. BMW is expected to launch the i8 in the first quarter of 2014. Sharing the i8 technology with Toyota would help BMW spread the cost of the i8’s expensive components. In March, BMW agreed to supply Toyota with its diesel engines starting in 2014 in exchange for collaboration on lithium ion battery research.
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