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6/25/2012 4:14 AM ET

Toyota Motor Corp. (TM: Quote,TYT.L) announced that certain media reports regarding its business alliance with BMW (BAMXY.PK,BAMXF.PK,BMW.L) are not based on any official announcements.

According to reports, Toyota Motor and Germany's BMW are planning to expand a tie-up beyond green car technology and diesel engines.

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