A production decision on the jointly developed sports car between BMW and Toyota will be made before 2015 comes to a close.
It was back in 2012 when BMW and Toyota announced a memorandum of understanding had been signed, aimed at joint development in four different areas: fuel cells, lightweight technologies, powertrain electrification and architecture and components for a future sports car.
“By the end of the year we will approve whether or not we will make it,” a Toyota spokesman told Automotive News Europe. “The whole study before that, on what kind of platform, on what kind of architecture, that’s been progressing quite well. We haven’t yet decided to give the green light to the project, but it’s coming up.”
BMW’s CFO recently said that the two company’s have been in talks about intensifying the collaboration, which could mean that discussions of where and how to build the car have already been taking place. He did not offer any details on the discussion.
Ever since the announcement, rumors have been swirling around the joint project, with the majority suggesting that the new sports car would spawn a Z4 for BMW and a Supra for Toyota.