An agreement between BMW and Toyota, will have the two automobile makers collaborating on environmentally sustainable technology in the auto industry. BMW will supply Toyota with 1.6 and 2.0 liter engines for their struggling European line, and both companies will work together to develop car battery technology for electric and hybrid vehicles. The alliance will increase efficiency, reduce costs, and allow vehicles to be brought to market more quickly. Because BMW and Toyota operate in different segments of the market, it is unlikely they will encountering competitive conflicts.
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