26 Nov '11, 7am

Toyota discussing green-car tie-up with BMW

Toyota discussing green-car tie-up with BMW

Japanese auto giant Toyota is in discussions with BMW over a partnership in eco-friendly cars, a press report said on Saturday. -- PHOTO: REUTERS TOKYO (AFP) - Japanese auto giant Toyota is in discussions with BMW over a partnership in eco-friendly cars, a press report said on 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.

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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