Technological Revolution by BMW and Toyota Cooperation

January 25, 2013 at 9:04 am

BMW and Toyota companies have signed an agreement to develop a sports car and new revolutionary environmentally-safe technologies. German BMW Group and Japanese Toyota Motor Corporation have signed a definitive agreement providing for the expansion of the mutual cooperation and the long term working relationships in several ways. The details about the contract between two competitors is available further!

BMW and Toyota Cooperation

BMW and Toyota Cooperation Photo

It appears that there is much more than just a fight between modern automakers, as two competing firms unit together to bring greater value to the customers. The BMW and Toyota concerns are going to jointly develop new fuel cell technology and weight reduction systems, in addition, the joint efforts of BMW and Toyota will develop the architecture and the components for the new sports car.

BMW and Toyota Conference

BMW and Toyota Conference Photo

The agreement followed after the signing in June of a memorandum of understanding providing for long-term cooperation in the field of Automobile Manufacturers of environmentally friendly technologies. This was said in a press release of the BMW Group and Toyota Motor Corporation. What do you think will be the result of this cooperation; share your opinion in the comments!

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