GM, Toyota in talks to on hybrids- source
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GM, Toyota in talks to on hybrids- source
Auto makers General Motors Corp. <GM.N> and Toyota Motor Corp. <7203.T> are in talks for a possible technology-sharing deal on hybrid vehicles, the Asian Wall Street Journal reported on Monday. Citing individuals familiar with the talks, the newspaper said GM Chairman and Chief Executive Rick Wagoner was expected to meet Toyota's top officials when he visits Japan in mid-May.
The paper added that the details of the discussions, which would enable the companies to offer a wider range of gasoline-electric hybrid vehicles sooner than if they worked on their own, remained sketchy.
The paper added that the details of the discussions, which would enable the companies to offer a wider range of gasoline-electric hybrid vehicles sooner than if they worked on their own, remained sketchy.
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