Toyota and BMW to partner

[Motor]

Toyota, BMW to partner on green technology

Toyota Motor Corp is in talks with BMW AG for a partnership in environmental vehicles, business daily Nikkei reported.

Under the proposed agreement, the German automaker will provide diesel engines, most likely 2-liter versions for midsize cars, for Toyota's passenger vehicles sold in Europe, where its sales fell 9 percent in 2010, the newspaper said.

The starting date of the project and its scale are yet to be decided, the financial paper said.

This is the Japanese automaker's second green-technology tie-up with a foreign automaker giant, Nikkei said. In August Toyota and Ford Motor Co agreed to together develop hybrid trucks and SUVs.

Toyota hopes to improve the marketability of its diesel vehicles by procuring engines from BMW as the strong yen continues to hurt the price competitiveness of its hybrids, Nikkei said.

The deal is expected to help Toyota reduce development expenses by having domestic and Polish factories make diesel engines for fewer models. However the Japanese company is expected to share its technologies for hybrid systems if requested, the daily reported.

BMW, on the other hand, will be able to expand its lineup of green vehicles, having signed a deal last year with France's PSA Peugeot Citroen Group to jointly develop hybrid systems for subcompacts, the newspaper said.

[Zero]

Sports //M?

[yodaddyguido]

lol zero^ i like.

[GSBoek]

Almost all manufacturers have a deal of some sort with each other. If my memory serves me well Toyota collaborates with BMW on transmissions already.

[jdmravi]

Originally Posted by Zero

Sports //M?

Prius???

[Dimaoala]

BMW will soon supply Toyota with small diesel engines and, in return, will be assisted in hybrid systems development

The intensive competition in the automotive market has created a new alliance, currently on a small scale, between Toyota and BMW. As of 2014, BMW will begin supplying Toyota with advanced 1.6 and 2.0 liter diesel engines and in return Toyota will help BMW in the development of hybrid systems.However, both automakers will develop together the next generation lithium-ion battery technology. For Toyota, this agreement might be a turning point in its European operations.



Currently, the company is suffering from a lack of diesel engines which are popular in European. In this market, Toyota, despite their long time efforts, just couldn't increase its market share. However, both companies are not direct competitors since they are addressing significantly different market segments.BMW's sales and marketing chief Ian Robertson said: "Both companies set the benchmark in complementary fields. Toyota has a wealth of experience to offer when it comes to battery technology, and the BMW Group has long been at the forefront developing some of the most technologically advanced clean diesel engines available."

Toyota President Akio Toyoda said: "It is a great joy and a thrill to enter into this mid-to-long-term collaborative relationship with BMW. In the spirit of contributing to furthering the development of the auto industry and society, both companies will bring their wide-ranging knowledge - starting with that concerning environmental technologies - to the table and make ever-better cars."

[GSBoek]

Repost Scroll down the main page and you'll see it.

[Dimaoala]

Lol, oops. Didn't see it all the way down there. You can go ahead and close this.

[GSBoek]

Merged.

[Motor]

Originally Posted by Dimaoala

BMW will soon supply Toyota with small diesel engines and, in return, will be assisted in hybrid systems development

How about a source to go with that?