BMW Team and toyota Engine Organization accept further enhance collaboration

Companies indication MoU targeted at collaboration in four areas of technology

Tokyo/Munich. Akio Toyoda, Chief executive of toyota Engine Organization (TMC), met these days with Norbert Reithofer, Chair of the Panel of Management of BMW AG, at BMW Team head office in Munich to declare the organized development of their current collaboration started in Dec last season. The two organizations finalized a Memorandum of Knowing (MoU) targeted at long-term ideal collaboration in four fields: combined growth of a petrol mobile system, combined growth of structure and elements for a upcoming fancy car, collaboration on powertrain electrification and combined analysis and growth on compact technology.

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