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What The .... !?!

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Thursday, May 12, 2005

Japan Today - News - Toyota president denies transfer of hybrid technology to GM - Japan's Leading International News Network

Japan Today - News - Toyota president denies transfer of hybrid technology to GM - Japan's Leading International News Network

Japan Today - News - Toyota president denies transfer of hybrid technology to GM - Japan's Leading International News Network:

"Wednesday, May 11, 2005 at 07:33 JST
TOKYO - Toyota Motor Corp President Fujio Cho denied Tuesday that the biggest Japanese automaker will provide General Motors Corp with technology to produce environment-friendly hybrid vehicles as part of its assistance to the U.S. auto giant.
The denial came a day after Toyota Chairman Hiroshi Okuda said the company may offer the technology to GM. 'As of now, we are not thinking of working together with GM on hybrid vehicles at all,' Cho said at a press gathering to release Toyota's earnings results in fiscal 2004. (Kyodo News)"

This was from Yesterday, but GM was denied!!

Ouch!

Why would Toyota help out the failing competition anyway, when they can just let them fail and get a bigger market share when GM goes under!?

HHmmm...

Might want to think of selling if you have anything in GM or Ford.

tracyv

8^P~~ ~ ~`

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