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To: michael a. rowe who wrote (4414)	10/20/1999 9:57:00 AM
From: Hawkeye	Respond to of 5827

GM & Toyota getting nervous... Toyota, GM to tighten hydrogen R&D cooperation TOKYO, Oct 20 (Reuters) - General Motors Corp and Toyota Motor Corp <7203.T> said on Wednesday they would "merge their skills and progress" on hydrogen-powered vehicles as part of a six-month-old agreement that has fostered more than a dozen joint projects. "We have agreed to integrate our (hydrogen technology research) systems and move ahead with a cooperative project to identify future vehicle applications," Toyota President Fujio Cho said in a joint statement. The statement said they would combine "the best of both companies' concepts and technologies," while Cho said each would display a hybrid four-wheel-drive concept vehicle at the Tokyo Motor Show that opens Friday. GM Chief Operating Officer Richard Wagoner said: "The goal of our collaboration is the development of technically feasible and commercially viable products." The two automakers signed a technical agreement in April to jointly develop next-generation vehicles and technology for electric, hybrid and fuel cell vehicles over the next five years. GM and Toyota, which together account for more than a quarter of the world's car and truck output, are working with the energy industry to develop hydrogen refuelling standards and steps toward development of a cost-effective hydrogen distribution system. "Significant hurdles exist before commercially viable pure hydrogen vehicles are a reality," the joint statement said. Regarding their joint efforts on electric vehicles, they said they were nearing a conclusion on a smaller recharging coupler that will allow more flexibility in vehicle design and reduce system costs.