Toyota Has Not Had Talks With GM
July 18, 2006
Recent news about GM and Nissan dioscussing a possbile alliance have spurred a lot of speculation.
Today, Toyota North America President Jim Press stated quite clearly that Toyota has NOT had any discussions with General Motors, but did indicate that they are open to alliances.
Press added that should a GM/Nissan alliance come to fruition, that it would make Toyota a stronger competitor. He also noted that he anticipates GM and Ford to come back and be "Stronger than Ever".
Mr. Press made his comments in response to a question at the National Press Club.
7/18/2006 02:49:00 PM
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