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BMW & Toyota agree joint development of new sports car

BMW 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.

BMW 5 Series Touring (2010 / 2011) leaks

First leaked images of the 2010 / 2011 BMW 5-Series Touring It was November last year when BMW officially revealed the 2010 BMW 5 Series and the first cars are due to hit the roads around now. But what we don’t have yet – as is usual – is the estate or performance version. But we can now sort the 5 Series Estate, with the reveal this morning of the first official pictures of the 2011 BMW 5 Series Touring.

Toyota gunning for Honda Insight

We brought you news yesterday of the new Honda Insight, which Honda is launching in to the European market. Honda has made big noises about the Insight being significantly cheaper than the Prius, which seems to have got Toyota thinking. The next generation Toyota Prius (unveiled recently at Detroit) is due out before too long, and is a bigger, better equipped car than the outgoing version, and therefore more expensive.