BMW-Toyota partnership could bring back sporty Toyota nameplate
We reported here four days ago that BMW and Toyota had officially signed an agreement (MoU) that will form a long term strategic collaboration between the two auto giants. The announcement said the two carmakers would work on a “joint development of architecture and components for a future sports vehicle.” While the announcement didn’t give us any details on the new sports car, we know that Toyota isn’t done yet after their joint venture with Subaru that recently produced the Toyota GT 86 and the Scion FR-S.
But according to Auto News Europe, the new agreement could mean that Toyota will develop a new high-performance division or possibly even develop a high-end supercar for the Lexus brand. Toyota’s CEO Akio Toyoda, has been wanting to develop performance oriented cars and change the public's perception of the Japanese company since taking over a few years ago. The GT 86 and the Scion FR-S are just the beginning of his long range plan.