JAPAN: Porsche asks for Toyota hybrid technology
Porsche has asked Japan's Toyota, the world's second-largest automaker, to share the hybrid technology used in its popular Prius model, a Japanese newspaper said, according to Reuters.
Toyota is taking a positive view of the proposed deal and expects to start negotiations soon, the Asahi Shimbun reportedly said without citing sources.
In Stuttgart, a Porsche spokesman reiterated to Reuters that the company was still studying the use of hybrid technology.
"We are investigating the technical feasibility of this kind of powertrain. This is an extremely interesting alternative to diesel engines," he reportedly said.
According to Reuters, the paper said Porsche is likely to want to use the technology in its Cayenne SUV, rather than in smaller sports models - developing its own hybrid technology would be difficult for a relatively small company.
Reuters noted that Germany's Automobilwoche paper reported last month that Porsche was eyeing the 270 horsepower petrol-electric powertrain to be used in the RX 400h SUV made by Toyota's premium Lexus division.
The news agency added that hybrid technology could help Porsche meet tougher environmental standards in Europe and the United States, where rule changes are beginning to take effect.
Japan's vehicle manufacturers are experiencing a sharp slowdown in earnings growth in the current fiscal year due to adverse currency valuations, rising raw material and energy costs and higher intere...
This QUBE report from just-auto provides a comprehensive overview of the global electrified vehicles sector, major OEM developments, top 14 markets, technology trends and market projections. Use this ...
Prime-TASS News reports that Toyota Motor Corporation, the St Petersburg city government and the Russian Economic Development and Trade Ministry are to sign a memorandum of intent on the construction ...
Navistar International Corporation has announced that its South American engine subsidiary, International Engines South America, has agreed to acquire MWM Motores Diesel Ltda (MWM), a major Brazilian ...
UK motorists rate the BMW-owned Mini as the most-improved brand in the JD Power and Associates/What Car? magazine 2005 Car Customer Satisfaction Index (CSI) StudySM released today, and luxury Japanes...
Michigan State Governor Jennifer M. Granholm joined state, local, and company leaders in Ann Arbor today to announce that Tokyo-based Toyota Motor Corporation plans to invest $150 million in a new, st...
The Bangkok Post reports that although car companies are supporting the government's campaign by urging motorists to switch from conventional gasoline - benzene - to gasohol (which is 10% ethanol), mo...
As diesel engines become predominant in Europe and begin to gain increased consideration in the US, Delphi says that it has an answer to the question of helping automakers answer a tough question: how...
- Kia K900 knocks on big brands' door
- Daimler - Q2 results insight
- THE WEEK THAT WAS: Results season again
- Global light vehicle market developments
- VEHICLE ANALYSIS: BMW X4
- Jaguar Land Rover buys British classic cars hoard
- Union puzzled no buyer for Unipart Automotive
- New alloy developed for new Jag
- Warwick University chosen as APC hub
- JLR China cuts prices amid anti-trust probe