BMW, Toyota to Collaborate on Sports Car Platform

Newswire

FRANKFURT, Dec 30 (Reuters) - Carmakers BMW and Toyota have agreed to develop a joint platform for sportscars, BMW's development chief Herbert Diess told a German newspaper. "We have agreed on a joint architecture for a sports car. What is important is that there will be two different vehicles that are authentic to the two brands," Frankfurter Allgemeine Zeitung on Monday quoted Diess as saying. BMW and Toyota had in January signed an agreement to cooperate on various areas ...

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