Toyota and BMW have reportedly begun discussions on swapping their signature green technologies. The Japanese automaker would open up its hybrid tech to BMW, while the Germans would provide diesel engines for Toyotas. This is a little different than the recent memorandum of understanding signed between Ford and Toyota, since that partnership - if it comes to fruition - would see both companies jointly developing a hybrid system for trucks.
The BMW and Toyota talks are about swapping tech to save money on "core technologies." BMW's gain would be in the U.S.
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