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To: Don Devlin who wrote (2951)1/11/1999 1:17:00 PM
From: Tom Hoff  Read Replies (1) | Respond to of 8393
 
Toyota, GM likely to strike technical tie-up deal

.c Kyodo News Service

NAGOYA, Jan. 11 (Kyodo) -- Japan's Toyota Motor Corp. and General Motors Corp. (GM) of the United States are likely to reach an agreement by this spring on joint development of technologies for environmentally friendly vehicles, Toyota officials said Monday.

Engineers from Toyota and GM will scrutinize details of such a business tie-up as early as next fall following the agreement, the officials said.

Toyota and GM have been in talks on such a business tie-up since the middle of last year when GM made a proposal for technical cooperation to develop advanced vehicle technologies.

The officials said the technical collaboration could involve hybrid vehicles, clean emission engines and fuel cells which are widely viewed as one of the most promising sources of energy for vehicles in the future.

Toyota and GM already cooperate in a wide range of fields. Their projects include a California-based joint venture -- New United Motor Manufacturing Inc. -- to produce passenger cars and the marketing of GM's Cavalier sedans and coupes through Toyota's sales network in Japan.

Toyota and GM also agreed last year to jointly develop an inductive charging system for electric vehicles with a view to making it the world's standard charging system.

For Toyota, the latest deal will follow a technical tie-up made last July with Volkswagen AG (VW) of Germany to cooperate in recycling end-of-life vehicles and developing navigation systems.

Under the accord, the two automakers will cooperate in developing technologies for recycling shredder residue and plastic components, Toyota said.

They will also cooperate in treating end-of-life vehicles and recycling of plastic components in Europe and recycling bumpers in Japan.

The agreement also calls for Toyota and VW to cooperate in developing hardware and software for navigation systems.