GM Denies Report of Toyota Tech Talks
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GM Denies Report of Toyota Tech Talks
General Motors Corp. denied Sunday an online news report that the U.S. automaker and Toyota of Japan are in talks about a possible technology-sharing pact that could result in a quicker, wider offering of gasoline-electric hybrid vehicles. According to the report that was posted on the Wall Street Journal's online site, details of the discussions remain fuzzy, but it said GM chairman and chief executive Rick Wagoner was planning to head to Japan this month to meet with top Toyota officials.
"There is no truth to that whatsoever," Scott Fosgard, GM's spokesman for advanced technology, told The Associated Press on Sunday.
"There is no truth to that whatsoever," Scott Fosgard, GM's spokesman for advanced technology, told The Associated Press on Sunday.
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