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Press Release

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BMW Group and Toyota Agree to Mid-to-long-term Research Collaboration in Environment-friendly Technologies

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  • 01.12.2011
  • UPDATE
Contained media data:

BMW Group to Supply 1.6L and 2.0L BMW Fuel Efficient Diesel Engines to Toyota Motor


Tokio/München.
 BMW Group and Toyota Motor Corporation (TMC) announce that they today signed a memorandum of understanding (MOU) concerning a mid-to-long-term collaboration on next-generation environment-friendly technologies.

 

Under the MOU, the two companies agreed on a collaborative research in the field of next-generation lithium-ion battery technologies. Furthermore, they have agreed to identify and discuss other possible collaborative projects.

 

In addition, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW Group have entered into a contract under which BMW Group is to supply 1.6 liter and 2.0 liter diesel engines to TME starting in 2014. The engines will be installed in certain Toyota-produced vehicles planned for sale in the European market. Through this agreement, Toyota plans to expand its European lineup and sales of fuel-efficient, low CO2-emission diesel-powered vehicles.

 

Marking the announcement, Norbert Reithofer, Chairman of the Board of Management of BMW AG, said: “Toyota is the leading provider of environment-friendly series technology in the volume segment and the BMW Group is the most innovative and sustainable manufacturer of premium automobiles. We are now joining forces to further develop environment-friendly technologies and to expand our innovation leadership in each of our segments. Supplying Toyota with our fuel efficient and dynamic diesel engines represents another important step in the planned expansion of our sales activities for engines and powertrain systems.”

 

Representing TMC, President Akio Toyoda said: “It is a great joy and a thrill to enter into this mid-to-long-term collaborative relationship with BMW, a company with its own culture and history from its many years of car manufacturing in Europe, and a company that makes cars that are fun to drive. In the spirit of contributing to furthering the development of the auto industry and society, both companies will bring their wide-ranging knowledge - starting with that concerning environmental technologies - to the table and make ever-better cars.”

 

The press conference will be broadcast live on the internet and will continue to be available at:

English: http://www.ustream.tv/channel/toyota-en

Japanese: http://www.ustream.tv/channel/toyota-jp

 

The corresponding press release and speeches from Toyota are available at

www.toyota-global.com and http://corporatemedia.toyota.eu

 

If you have any queries, please contact:

 

BMW Group Corporate Communications

Micaela Sandstede, Business  and Finance Communications

Telephone: + 49 89 382-61611, Fax: + 49 89 382-24418, micaela.sandstede@bmw.de

 

Mathias Schmidt, Business  and Finance Communications
Telephone: + 49 89 382-24118, Fax: + 49 89 382-24418, mathias.m.schmidt@bmw.de

 

Internet: www.press.bmwgroup.com

e-mail: presse@bmw.de

 

 

BMW Group Japan

Kurosu, Miki, Corporate Communications
Tel: +81-3-6259-8020

Miki.Kurosu@bmw.co.jp

 

Toyota Motor Europe

Etienne Plas

Telephone: +32 2 745 2022

etienne.plas@toyota-europe.com

 

Toyota Motor Corporation

Media from the Americas, Europe or Africa: +81-3-3817-9628/9161
Media from Asia, Oceania or the Middle East: +81-3-3817-9182/9174

 

The following AV media material regarding this press release was compiled for you. You can also find additional material using the navigation items "Photo", "Audio" and "Video and TV".
Compilation: 1 set with 3 photos. |   
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Set No. 1

Press Conference BMW Group, Toyota Motor Corporation and Toyota Motor Europe:
Signing of the Memorandum of Understanding and the Supply Agreement
fltr
Didier Leroy, President and CEO, Toyota Motor Europe and Managing Officer, Toyota Motor Corporation
Yasumori Ihara, Director and Senior Managing Officer, Toyota Motor Corporation
Takeshi Uchiyamada, Executive Vice President and Representative Director, Toyota Motor Corporation
Dr.-Ing. Klaus Draeger, Member of the Board of Management of BMW AG, Development
Klaus Fröhlich, Senior Vice President Brand and Product and Cooperation Strategies BMW Group
Dr. h.c. Ian Robertson, Member of the Board of Management of BMW AG, Sales and Marketing
(12/2011) Link to detailed page
 
01.12.2011 | P90087780
Press Conference BMW Group, Toyota Motor Corporation and Toyota Motor Europe: Signing of the Memorandum of Understanding and the Supply Agreement fltr Didier Leroy, President and CEO, Toyota Motor Europe and Managing Officer, Toyota Motor Corporation Yasumori Ihara, Director and Senior Managing Officer, Toyota Motor Corporation Takeshi Uchiyamada, Executive Vice President and Representative Director, Toyota Motor Corporation Dr.-Ing. Klaus Draeger, Member of the Board of Management of BMW AG, Development Klaus Fröhlich, Senior Vice President Brand and Product and Cooperation Strategies BMW Group Dr. h.c. Ian Robertson, Member of the Board of Management of BMW AG, Sales and Marketing (12/2011)
Joint Press Conference BMW Group, Toyota Motor Corporation and Toyota Motor Europe:
Signing of the Supply Agreement. 
fltr
Didier Leroy, President and CEO, Toyota Motor Europe and Managing Officer, Toyota Motor Corporation
Dr. h.c. Ian Robertson, Mitglied des Vorstands der BMW AG, Vertrieb und Marketing 
 (12/2011) Link to detailed page
 
01.12.2011 | P90087781
Joint Press Conference BMW Group, Toyota Motor Corporation and Toyota Motor Europe: Signing of the Supply Agreement. fltr Didier Leroy, President and CEO, Toyota Motor Europe and Managing Officer, Toyota Motor Corporation Dr. h.c. Ian Robertson, Mitglied des Vorstands der BMW AG, Vertrieb und Marketing (12/2011)
Joint Press Conference BMW Group, Toyota Motor Corporation and Toyota Motor Europe:
Signing of the Memorandum of Understanding
fltr
Yasumori Ihara, Senior Managing Officer Toyota Motor Corporation.
Takeshi Uchiyamada, Executive Vice President Toyota Motor Corporation 
Dr. Klaus Draeger, Mitglied des Vorstands der BMW AG, Entwicklung (engl. Member of the Board of Management of BMW AG, Development)
Klaus Fröhlich, Leiter Marken-, Produkt- und Kooperationsstrategien der BMW Group (engl. Senior Vice President Brand, Product and Cooperation Strategies of BMW Group)
(12/2011) Link to detailed page
 
01.12.2011 | P90087782
Joint Press Conference BMW Group, Toyota Motor Corporation and Toyota Motor Europe: Signing of the Memorandum of Understanding fltr Yasumori Ihara, Senior Managing Officer Toyota Motor Corporation. Takeshi Uchiyamada, Executive Vice President Toyota Motor Corporation Dr. Klaus Draeger, Mitglied des Vorstands der BMW AG, Entwicklung (engl. Member of the Board of Management of BMW AG, Development) Klaus Fröhlich, Leiter Marken-, Produkt- und Kooperationsstrategien der BMW Group (engl. Senior Vice President Brand, Product and Cooperation Strategies of BMW Group) (12/2011)

If you have any questions regarding this press release, please contact:

BMW Group
Micaela Sandstede

Tel.: +49-89-382-61611
Fax: +49-89-382-24418
E-mail: micaela.sandstede@bmw.de


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