According to reports out of Germany, BMW and Toyota have finally agreed on a joint sports car platform.

According to reports out of Germany, BMW and Toyota have finally agreed on a joint sports car platform.

Details are limited but BMW development boss Dr. Herbert Diess told Frankfurter Allgemeine Zeitung "We have agreed on a joint architecture for a sports car. What is important is that there will be two different vehicles that are authentic to the two brands."

That's a little vague but the companies appear to have selected one particular model from the "four, five or six" different proposals that were under consideration.

There's no word on what type of car will be produced but the rumor mill has indicated it could be anything from a BMW Z4 successor to a Lexus LFA successor.

Note: BMW i8 pictured

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BMW & Toyota finally agree on a joint sports car platform - report