26 Nov '11, 4am

Toyota discussing green-car tie-up with BMW: report

TOKYO: Japanese auto giant Toyota is in discussions with BMW over a partnership in eco-friendly cars, a press report said Saturday. Under the deal, the German automaker would provide diesel engines for Toyota vehicles, while Toyota would share its hybrid technology, the business daily Nikkei said. It would mark Toyota's second green-technology tie-up with a major foreign automaker, following its agreement in August to develop hybrid-vehicle systems with Ford of the United States. A Toyota spokesman said the report was based on "speculation" and refused to comment further. Under the proposed arrangement, BMW would provide diesel engines for Toyota's passenger vehicles, most likely medium-sized cars of around 2,000cc to be sold in Europe, Nikkei said. BMW, which inked a deal with France's PSA Peugeot Citroen Group in late 2010 to jointly develop hybrid systems for subcompact...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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Toyota discussing green-car tie-up with BMW

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