Toyota, BMW agree to tie up

Toyota, BMW agree to tie up

TOKYO, Japan - Officials from Japan's Toyota Motor Corp. and Germany's BMW AG, including Toyota Executive Vice President Takeshi Uchiyamada (2nd from L) and Klaus Draeger (3rd from L), a member of the BMW board of management, attend a press conference at a Tokyo hotel on Dec. 1, 2011. The two automakers said they have agreed to collaborate in developing next-generation environmentally friendly technologies.

Toyota, BMW agree to tie up

Toyota, BMW agree to tie up

TOKYO, Japan - Officials from Japan's Toyota Motor Corp. and Germany's BMW AG, including Toyota Executive Vice President Takeshi Uchiyamada (3rd from L) and Klaus Draeger (4th from L), a member of the BMW board of management, line up for group photos after holding a joint press conference at a Tokyo hotel on Dec. 1, 2011. The two automakers said they have agreed to collaborate in developing next-generation environmentally friendly technologies.

Toyota, BMW agree to tie up

Toyota, BMW agree to tie up

TOKYO, Japan - Takeshi Uchiyamada (L), executive vice president of Toyota Motor Corp., and Klaus Draeger, a member of the board of management of BMW AG, are seen during a press conference at a Tokyo hotel on Dec. 1, 2011. The Japanese and German automakers said they have agreed to collaborate in developing next-generation environmentally friendly technologies.

Toyota, BMW agree to tie up

Toyota, BMW agree to tie up

TOKYO, Japan - Officials from Japan's Toyota Motor Corp. and Germany's BMW AG, including Toyota Executive Vice President Takeshi Uchiyamada (3rd from L) and Klaus Draeger (4th from L), a member of the BMW board of management, line up for group photos after holding a joint press conference at a Tokyo hotel on Dec. 1, 2011. The two automakers said they have agreed to collaborate in developing next-generation environmentally friendly technologies. (Kyodo)

Toyota, BMW agree to tie up

Toyota, BMW agree to tie up

TOKYO, Japan - Takeshi Uchiyamada (L), executive vice president of Toyota Motor Corp., and Klaus Draeger, a member of the board of management of BMW AG, are seen during a press conference at a Tokyo hotel on Dec. 1, 2011. The Japanese and German automakers said they have agreed to collaborate in developing next-generation environmentally friendly technologies. (Kyodo)

Toyota, BMW agree to tie up

Toyota, BMW agree to tie up

TOKYO, Japan - Officials from Japan's Toyota Motor Corp. and Germany's BMW AG, including Toyota Executive Vice President Takeshi Uchiyamada (2nd from L) and Klaus Draeger (3rd from L), a member of the BMW board of management, attend a press conference at a Tokyo hotel on Dec. 1, 2011. The two automakers said they have agreed to collaborate in developing next-generation environmentally friendly technologies. (Kyodo)