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GM execs to reportedly meet with Toyota regarding hybrid sharing

Discussion in 'Auto News' started by Autoblog, Jun 29, 2009.

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    Autoblog Guest

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    GM execs to reportedly meet with Toyota regarding hybrid sharing

    Filed under: Hybrids/Alternative, Green, Plants/Manufacturing, GM, Toyota, Rumormill

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    2010 Toyota Prius - Click above for high-res image gallery

    Rumors that General Motors may get access to Toyota's proprietary hybrid technology just won't go away. Today, Bloomberg cites two unnamed sources in reports that Toyota President Akio Toyoda and GM chief Fritz Henderson will meet this August in Michigan to discuss the possibility of a GM-badged version of the Toyota Prius hybrid hatchback.

    For the record, both General Motors and Toyota have repeatedly denied that any such talks have taken place in the past and have said it's unlikely that they ever will in the future. Many of these rumors indicate that the two automakers are considering building the Prius together at the New United Motor Manufacturing Incorporated (NUMMI) joint venture in California, but GM has today announced that its involvement in NUMMI is over.

    It remains a possibility that Toyota will fully take over the reigns at NUMMI to finally build the Prius in America, but even if that's the case, it's extremely unlikely that General Motors will have anything to do with the project in light of its own massive undertaking of readying the Chevrolet Volt for the market in 2011.


    Gallery: Review: 2010 Toyota Prius

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    [Source: Bloomberg]
    Photos copyright (C)2009 Sam Abuelsamid / Weblogs, Inc.GM execs to reportedly meet with Toyota regarding hybrid sharing originally appeared on Autoblog on Mon, 29 Jun 2009 17:29:00 EST. Please see our terms for use of feeds.



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    Ares Active Member

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    So costs will lower and the iQ could possibly get an electric motor. Oh and those workers wont lose their jobs... Sounds good to me.

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