FRANKFURT, Germany -- Toyota Motor and BMW will develop a common platform for two sports car models that will become the first products to come out of a comprehensive tie-up the two inked in January 2013.
The automakers will use the same platform as early as 2017 for the BMW Z4 and a planned revival of the Toyota Supra, a model popular in the 1980s and 1990s. The vehicles will have different body designs and be sold under their respective brands.