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Walnut, California, US
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BMW & Toyota agree joint development of new sports car
Thu, 24 Jan 2013BMW and Toyota have signed a binding agreement to co-develop a new sports car and continue with co-developed and shared technology. The way forward for car makers seems to be either to be as big as possible for the benefits of economy of scale, or to work together on joint products to cut development costs. Which is why BMW and Toyota are getting cosy.
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