In today’s world we see that Embedded Systems forms a major part in the life of a human being. Almost every device today has an electronic chip embedded in it. When it comes to automotive, these electronic devices are multiplying. This has resulted in innovative methods of developing Embedded Systems. Among them, Model Based Development has become very popular and a standard way of developing embedded systems. Now, we can see that most embedded systems, especially the automotive systems, are being developed using Model development tools like Simulink. In the design and development of Driver Assistance System, Model Based Design (MBD) plays an important role from system design and simulation to code generation. Modeling tool Matlab/Simulink is now among the most popular tools. Due to the proprietary nature of Simulink and challenges in requirement elicitation phase the industry is looking towards an open source alternative, such as Scicos. Since, most of the OEMs are still using Simulink, there is a need for interoperability between Simulink and Scicos. The present work proposes metamodels for Simulink and Scicos, and Model transformation using these Metamodels for the inter-operability. In order to develop the model transformation the metamodels for Simulink and Scicos were developed using EMF Ecore. These metamodels conform to OMGs MOF Standards. These metamodels were used in developing the transformation definition using the language QVTo. First a simple model was developed, and transformation rules were applied and verified using it. Then a Simulink subsystem of a cross wind assistance system was subjected to forward transformation. The outputs of the model before transformation and that after transformation were compared. They were found to give the same output as desired. Thus, verifying the transformation definition. An attempt was made to achieve reverse transformation. A subsystem in Scicos was considered for reverse transformation. After subjecting it to transformation, an intermediate model conforming to Simulink metamodel was obtained. This shows that the interoperability between Scicos and Simulink can be achieved.