I just read an interesting article at Forbes.com about GM and
DaimlerChrysler. They're going joint venture to create hybrid motors that
they will both use.
I think that this is smart on behalf on both companies, by joining forces
they can cut R&D costs and both profit from the venture.
With luck we can get Ford in next year & the Japanese in about 5
years, The Europeans in 10 years & do to (err...) I mean "for" the
auto industry what Micro$oft has done to .. err I mean "for: the
Less competition is good !
The current hybrids sold by Ford and Toyota was a joint venture,
as well. The technology developed in Japan by
a Japanese electric company was in collaboration with Nissan,
Fords Volvo Division and Toyota. They are gross licensed to the
same technology, with Ford using the lasted version on the 2005
el Diablo wrote:
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