While we may not have heard all that much as of late regarding the joint effort by BMW and Toyota to develop sports cars with common underpinnings, it seems all is going great.
Bloomberg quotes an official BMW source saying work “has moved on to the concept phase and is running according to plan.”
However, aside from that, nothing else was let slip. We don’t know what kind of sports car will be spawned from the partnership, other than the fact it will be “mid-sized.”
Toyota’s FT-1 coupe concept (pictured) could provide some indication as to where they’re going with it, but it may very well be just a one off concept to keep the hype going.
The Japanese automaker needs this more than BMW does, in order to “put that energy back into the brand,” according to Europe Executive Vice President Karl Schlicht who spoke on the Paris motor show sidelines last month.
Photo Gallery
