Is GM's Green Tech Better Than Toyota's?
That's what Chrysler, Daimler, and BMW seem to think. They're all using GM's hybrid technology for their new trucks and SUVs
In the next 24 months, General Motors (GM), Chrysler, Daimler (DAI) and BMW (BMWG) will collectively bring out at least nine hybrid trucks and sport-utility vehicles, including the Chevrolet Tahoe and Chrysler's Aspen and Dodge Durango, which are being unveiled this week at the Los Angeles Auto Show. But for the conditions of a joint technology agreement among the companies, each vehicle might have a badge on its side-panel that says "GM Inside."
That's right, GM, once a laggard in fuel efficiency technology, is making its nemesis Toyota (TM)—the undisputed image leader in fuel-efficient transportation—take notice by starting a new and legitimate rivalry for the next generation of hybrid trucks and SUVs, as well as plug-in vehicles. Chrysler, Mercedes-Benz, and BMW all opted in 2005 to adopt GM's hybrid technology in a four-company venture, rather than to license Toyota's hybrid hardware.