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December 13th, 2011 07:45 PM #1BMW Group and Toyota Motor Corporation (TMC) have just announced that they have signed a memorandum of understanding (MOU) concerning a mid-to-long-term collaboration on next-generation environment-friendly technologies.
Under the MOU, the two companies agreed on a collaborative research in the field of next-generation lithium-ion battery technologies. Furthermore, they have agreed to identify and discuss other possible collaborative projects.
In addition, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW Group have entered into a contract under which BMW Group is to supply 1.6 liter and 2.0 liter diesel engines to TME starting in 2014. The engines will be installed in certain Toyota-produced vehicles planned for sale in the European market. Through this agreement, Toyota plans to expand its European lineup and sales of fuel-efficient, low CO2-emission diesel-powered vehicles.
“Toyota is the leading provider of environment-friendly series technology in the volume segment and the BMW Group is the most innovative and sustainable manufacturer of premium automobiles, said Mr. Norbert Reithofer, Chairman of the Board of Management of BMW AG. “We are now joining forces to further develop environment-friendly technologies and to expand our innovation leadership in each of our segments. Supplying Toyota with our fuel efficient and dynamic diesel engines represents another important step in the planned expansion of our sales activities for engines and powertrain systems.”
“It is a great joy and a thrill to enter into this mid-to-long-term collaborative relationship with BMW, a company with its own culture and history from its many years of car manufacturing in Europe, and a company that makes cars that are fun to drive,” commented Mr. Akio Toyoda, TMC President. “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.”
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Tsikoteer
- Join Date
- Jul 2011
- Posts
- 447
December 13th, 2011 09:29 PM #2Toyota reliability and BMW performance
now thats a car i wanna see :D
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December 26th, 2011 11:47 AM #3
Toyota already has some good diesel engines in the European market, but BMW has been involved with some improvements in the turbocharging technology.
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December 27th, 2011 04:02 PM #5
Okay naman ito para sa budget model na ultimate driving machine. hehehe
Fasten your seatbelt! Or else... Driven To Thrill!
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December 28th, 2011 02:52 AM #6
Aan'hin ang engine technology ng BMW kung ang handling e' hindi pareho sa BMW?
Di parin ultimate IMHO.
But that's nice.
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January 3rd, 2012 11:36 AM #7
I wouldn't expect a front-wheel drive Toyota to have the same outstanding handling of a rear-wheel drive Bimmer. Also would not expect Toyota to turn back to the RWD in its entire range...
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Only those not owning an EV have range anxiety.
Hybrids and EV