BMW (BAMXY.PK) says it will supply Toyota (TM) with diesel engines to be sold in Europe starting...

|By:, SA News Editor

BMW (BAMXY.PK) says it will supply Toyota (TM) with diesel engines to be sold in Europe starting in 2014, as well as cementing a partnership to jointly develop lithium-ion batteries to be used in electric cars. Execs with both companies are sure to be closely watching the ongoing fallout from the government's safety investigation into Chevrolet Volts as they decide on how big to bet on the acclaimed future version of cars.