It's been nearly two years since Toyota and BMW announced an agreement to co-develop sports cars using state-of-the-art hybrid technologies, and now a source close to the two companies says the pair has decided on its first joint-venture.
Sorry folks, but it won't be anything like a souped-up Toyota 86. No siree.
In all their wisdom, executives citing the high cost of developing a high-performance sports car with lightweight materials have opted for a $300,000-plus Lexus LFA-style package, but with a hybrid twist.
This new two-door flagship will pick up where the LFA left off, or should we say, where the LFA never went. The LFA spent far too long on the development table (nearly 10 years) with its naturally aspirated V10 engine, while many other car-makers were fitting hybrid and electric powertrains in their high-performance models.
Read Article