Manufacturers General Motors (GM) and DaimlerChrysler have decided to invest the hybrid car market to catch up with their Japanese competitor Toyota. The Prius model of the latter, a vehicle running on gasoline and electricity, has conquered the American public. Fifty-four thousand units were sold this year in the United States and 100000 is expected to be sold next year. Some specialists are planning a progression
the market share of this type of automobile, which could rise from less than 1% at present to 5 to 15% in 2020.
To meet this craze, GM and DaimlerChrysler have concluded an alliance to develop, for a few hundred million dollars, a hybrid engine that they hope to market from 2007. This new engine will have to allow a fuel economy of about 25%, as well on highways as in city, and to equip any type of model, of the individual cars to the utilities and vans.
CT 14 / 12 / 04 (GM, DaimlerChrysler teaming up on hybrid)http://www.chicagotribune.com/