BMW and Toyota have reportedly commissioned Magna Steyr to build their jointly-developed sports cars.
The contract manufacturer will be tasked with producing two distinct vehicles on a shared platform architecture, with combined volume expected to reach 60,000 units annually, according to a Kleine Zeitung report spotted by Automotive News. BMW’s model will serve as the next-generation Z roadster, while Toyota is expected to use the platform for the Supra‘s long-awaited successor.
Collaborating on development has allowed BMW and Toyota to minimize development costs in segments that are continuing to wane. The Toyota 86 has not lived up to expectations and Z4 sales are struggling, but both models contribute to their respective brand values.
Magna Steyr has plenty of experience building low-volume vehicles, ranging from the Aston Martin Rapide to the Mercedes-Benz G-Wagen. The company also builds the MINI Paceman and Countryman. The Countryman will head elsewhere as the Paceman retires, and BMW has already confirmed, but not identified, another model to take its place at Steyr’s Graz factory.
A prototype for the joint sports car recently surfaced in spy shots (pictured), believed to represent BMW’s variant. Specific details are shrouded in uncertainty, but rumors suggest the cars could integrate Toyota-developed hybrid technology with combined output exceeding 500 horsepower.
The next-generation BMW Z is expected to arrive sometime in 2018, while Toyota’s could follow a year later.