The sports car that is being co-developed by Toyota and BMW will be built by neither manufacturer. Instead, the car will be built by a third party builder who specializes in high quality, low-volume automobile production.

The company in question is Magna Steyr, who has worked with manufacturers in the past on such cars as the Mercedes-Benz G-Wagon and Mini Paceman and Countryman.

BMW Z5 Roadster Spy Shot
BMW Z5 Roadster Spy Shot

Steyr will reportedly cease production of both the Paceman and Countryman in order to ramp up production of the jointly developed BMW-Toyota sports car.

When asked for comment regarding which model they are producing, Steyr decline to comment, saying they cannot reveal which model they will be building next.

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