GM says No to Toyota hybrid cars
According to AutoWeek, GM has officially put the fork in rumors regarding GM's use of Toyota hybrid technology. It isn't going to happen - at least for now.
"Nobody knows whether hybrid-vehicle demand will remain at 3 percent of new-car demand or go up to 15 percent," Larry Burns, GM's vice president for r&d, told a Japanese reporter last week. "If the market goes up, we have to develop hybrid technology by ourselves."
Hopefully, this is a sign that the hybrid partnership between Chrysler and GM is going well. Still, the first hybrid vehicles to come from this collaboration won't hit the streets until 2008.
"Nobody knows whether hybrid-vehicle demand will remain at 3 percent of new-car demand or go up to 15 percent," Larry Burns, GM's vice president for r&d, told a Japanese reporter last week. "If the market goes up, we have to develop hybrid technology by ourselves."
Hopefully, this is a sign that the hybrid partnership between Chrysler and GM is going well. Still, the first hybrid vehicles to come from this collaboration won't hit the streets until 2008.
Labels: GM, Hybrid Vehicles, toyota
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