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GM and Toyota deny reports of hybrid sharing

Reports have been flying rampant over the last few days that General Motors and Toyota would be entering a joint agreement to share Toyota's Hybrid Synergy Drive technology through the two automaker's NUMMI joint venture. It appears the rumors began when Bloomberg ran a story quoting unnamed sources saying the Japanese automaker is considering producing the Prius at the plant it shares with GM in California. Toyota denies that report as pure speculation, with Mike Goss, external affairs manager with Toyota Motor Engineering & ... Read more →

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