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Specific timetables and other details were not announced, but Toyota is believed to be pursuing the deal to help offset the increased cost of importing Japanese-built hybrids due to a rising yen. Toyota would likely end up sharing its vaunted hybrid technology with BMW in return.
Toyota and Ford recently signed a similar agreement regarding hybrid SUVs, while BMW and PSA (parent company of Peugeot and Citroen) signed one for hybrid subcompacts.
Audi is set to abandon its Q7 V12 TDI due to slow sales and rapidly advancing diesel technology in their smaller displacement motors. The current V12 TDI makes 500 horsepower and 738 lb-ft, and is widely considered to be one of the most impressive SUVs on the market.
But with Audi’s V6 TDI making a more-than-adequate 313 horsepower (compared to the 4.2L V8s 340 horsepower), Audi is moving to drop both the V12 and V8 TDI motors in favor of the newer, more efficient V6. Mercedes-Benz and BMW abandoned large displacement diesels long ago, so such a move wouldn’t be out of character for Germany’s third luxury brand.
[Source: Car and Driver]