GM, Daimler and BMW Unveil Their Hybrid Drive Plans
General Motors Corp. of the United States and German automakers DaimlerChrysler AG and BMW AG will unveil their respective gasoline-electric hybrid car strategies during the North American International Auto Show in Detroit that begins Sunday, according to industry sources.
The U.S. and German companies earlier agreed to join forces in developing a new hybrid propulsion system for vehicles to enable the three firms to catch up with Toyota Motor Corp, the world's front runner in the hybrid car field. The alliance has adopted GM's all-new hybrid technology.
Leading automakers in Europe, Japan and the United States have been either competing or collaborating in an attempt to secure a market share large enough to set the world's de facto standard for hybrid technology. Honda Motor Co., for example, has been pressing ahead with a hybrid project on its own.
|<< PREVIOUS||NEXT >>|
blog comments powered by Disqus