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Toyota and BMW to swap cars

Autocar reports that Toyota and BMW are in partnership talks that could see the two distinctly different companies exchanging platforms. Of interest to BMW is the next generation of Toyota's innovative iQ, "the world's smallest four-seat urban city car", which could underpin BMW's planned electric city car. This could see the resurrection of the Isetta brand name of the 1960s.
In return for the iQ chassis, Toyota would get access to the next generation Mini Coupe and Roadster platforms to extend its range of small urban cars.
The BMW tie-up would be the second cross-branding win for the iQ, which will soon be sold as the Aston Martin Cygnet micro car in Europe.
[Source: Autocar]
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