GM and DaimlerChrysler engage in hybrid cars

Manufacturers General Motors (GM) and DaimlerChrysler have decided to invest in the hybrid car market in order to catch up with their Japanese competitor Toyota. The latter's Prius model, a vehicle that runs on gasoline and electricity, has won over the American public. Fifty-four thousand units have been sold this year in the United States and 100000 are expected to be next year. Some specialists also predict a progression
significant market share for this type of automobile, which could drop from less than 1% at present to 5 to 15% in 2020.

To respond to this enthusiasm, GM and DaimlerChrysler have therefore entered into an alliance aimed at developing, for a few hundred million dollars, a hybrid engine that they hope to be able to market from 2007. This new engine should allow fuel savings of d 'approximately 25%, both on motorways and in town, and fit all types of models, from private cars to vans and vans.

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 CT 14 / 12 / 04 (GM, DaimlerChrysler teaming up on hybrid)http://www.chicagotribune.com/

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