A Toyota-BMW Convertible in the Works?

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It’s confirmed — Toyota and BMW are co-developing and launching a convertible sports car.

According to Toyota official Tetsuya Tada, who is the model’s chief engineer, the much-debated — and eagerly anticipated — ride from the two auto giants is a convertible since it’s a more viable business as opposed to coming out with a GT 86 Convertible. The latter won’t be launched due to Europe’s economic downturn corroborated with slow U.S. sales of the coupe which wouldn’t justify the added costs.

While there are no confirmations yet as to what power the car will adopt, Toyota is expected to build it with a front-engine layout. Rumors are rife that this model will revive the iconic Supra moniker.

Will the Toyota-BMW sports car resemble anything like the Toyota FT-1 concept as shown in the picture? Watch out for more details here.

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