In an effort to reduce costs and speed up development, Toyota has announced plans to create a new global architecture.

In an effort to reduce costs and speed up development, Toyota has announced plans to create a new global architecture.

The platforms will feature a lower center of gravity which will enable them to deliver "superb handling." The models that ride on the architecture will also have "emotional designs" with "bolder styling."

More importantly, the platforms will be shared worldwide to reduce costs. There will also be more parts sharing which will reduce development time and increase profitability.

The new global architecture will be launched with three front-wheel-drive platforms that should underpin nearly half of Toyota's annual production.