BMW, the largest premium carmaker in the world and Toyota have officially agreed to develop a joint platform for sportscars, Reuters reports citing a German newspaper.
“We have now agreed on a common architecture for a sports car. It will be the sports car of the 21st century,” said BMW Chief Development Officer Herbert Diess on Monday during an interview with Frankfurter Allgemeine Zeitung.
Diess was quoted as saying that is very important to understand that there will be two different vehicles that are authentic to the two brands.
When asked if the new platform will power the upcoming Z4 model from BMW, Diess denied commenting.
According to some internal sources, the first vehicle to be produced is expected to be a high-performance hybrid model similar to the LF-LC concept and is expected to cost more than $300,000.
The new supercar might get a hybrid system from Toyota and a BMW gas engine – likely the 4.4-liter that is found on the actual M6 and M6s models.