BMW and Toyota are progressing on the joint development of a mid-size sports car platform, according to a new report from Bloomberg. In an e-mailed response to the publication’s questions, BMW said that the common sports car program is “progressing according to plan”.
The joint venture is reportedly leading to the revival of the iconic Toyota Supra that saw a life of four generations before getting discontinued in 2002 due to the tightening emission standards which it was unable to adhere to.
Speculations have increased about its revival, especially after the showcase of the FT-1 concept car at the 2014 North American International Auto Show. The sports car will be reborn in 2018, featuring a rear-wheel drive chassis and a a turbocharged inline-six engine sourced from BMW.
BMW on the other hand, is reportedly going to use the use the common platform for the third generation BMW Z4 roadster. It is said to arrive before the end of the decade.