Toyota to build a sports supercar with help from BMW
Akio Toyoda, President of Toyota, met today with Norbert Reithofer, Chairman of BMW, in Munich to announce the planned expansion of their existing cooperation initiated in December last year. According to the announcement made today in Munich, the two auto giants signed a memorandum of understanding (MoU) that will form a long-term strategic collaboration in four fields: joint development of a fuel cell system, joint development of architecture and components for a future sports vehicle, collaboration on powertrain electrification and joint research and development on lightweight technologies.
While the announcement didn’t give specific details on the new future sports car that will come out of the partnership, we know that Akio Toyoda has a passion for racing and has made it clear that he wants Toyota to develop a supercar that will compete with the worlds fastest cars. When Toyoda took over three years ago, he infused his car company with a new spirit, and as a certified test driver for Germany's famed Nurburgring, Toyoda brought a racing passion to the company.