GM, DCX to sign hybrid agreement
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GM, DCX to sign hybrid agreement
General Motors Corp. and DaimlerChrysler AG said Monday they are close to signing a formal agreement to cooperate on their own gasoline-electric hybrid vehicle engine and don't need technology from Toyota Motor Corp.
The GM-DaimlerChrysler agreement should be signed within the next several weeks, said Kyle Johnson, a spokesman for GM, the world's largest automaker. The Wall Street Journal reported that GM might be considering cooperating with Toyota as well on an engine that uses both gasoline and electricity for propulsion.
The GM-DaimlerChrysler agreement should be signed within the next several weeks, said Kyle Johnson, a spokesman for GM, the world's largest automaker. The Wall Street Journal reported that GM might be considering cooperating with Toyota as well on an engine that uses both gasoline and electricity for propulsion.
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Re: GM, DCX to sign hybrid agreement
Well, this is going to be a winner.
Let's see, the neutered Chrysler Corp. (which can't do anything unless its German owners sign off on it) and the car company which defined "group think" are going to come out with a hybrid of their own. This is bound to be a capital blunder. A combination of waiting, on behalf of both organizations for all the paper to be signed and all the rings to be kissed, and design by committee will probably cause both manufacturers to further delay any kind of quality hybrid offering for many years to come now. I'm generally a huge "drive American" proponent, however in the past few years my "drive American" bent has become drive Ford.
Got to give Ford credit for getting out of the starting blocks before the other two.
Let's see, the neutered Chrysler Corp. (which can't do anything unless its German owners sign off on it) and the car company which defined "group think" are going to come out with a hybrid of their own. This is bound to be a capital blunder. A combination of waiting, on behalf of both organizations for all the paper to be signed and all the rings to be kissed, and design by committee will probably cause both manufacturers to further delay any kind of quality hybrid offering for many years to come now. I'm generally a huge "drive American" proponent, however in the past few years my "drive American" bent has become drive Ford.Got to give Ford credit for getting out of the starting blocks before the other two.
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Jason
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Mar 25, 2005 01:15 PM
