Toyota denies talking to GM on sharing hybrid-technology, says it would be up to it

Toyota today denied reports from Japanese media and said that it is not talking to GM on a possible deal where the Japanese automaker would sell it’s hybrid technology to the struggling American automaker.

A report by Japan’s largest newspaper, the Yomiuri, said that Toyota is looking to sell its gasoline-hybrid-system to GM in an attempt to make its hybrid technology more widespread.

Toyota denied the report but said that...
Read Article

NItePhire - 5/26/2009 9:21:35 AM

+1 Boost

Plausible Deniability is when the upper management tells their generals/lieutenants that they need to do what ever it take so make them the most powerful company in its segment. The guys in charge dont what to know whats going on that way they can just deny anything that is bad PR. This is done in government (Presidents do it all the time)and business. Their is no doubt in my mind that Toyota did this. This is an opportunity for them.

pageman - 5/26/2009 2:34:38 PM

+1 Boost

upper management "stick-handling"