Monday, June 25, 2012

BMW, Toyota mulling expansive partnership

BMW, Toyota mulling expansive partnership

In December of 2011, BMW and Toyota signed an agreement to collaborate on lithium-ion battery development, and the deal included a provision where BMW would small-displacement diesel engines for Toyota products sold in Europe. It was brought up at the time that the partnership could expand further, and seven months later, it apparently has: Reuters reports the two companies "have now agreed several projects" in "other fields of cooperation.".

Autoblog , BMW, Toyota mulling expansive partnership, BMW, Toyota mulling expansive partnership

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