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DaimlerChrysler, GM Plan Joint Hybrid Effort

August 25, 2005

• Tax Credits On Ford Hybrids Phasing Out • Small Car Market Faces Potentially Large Problems • Ford Plans Car That Parks Itself • Drivers Wanted: Mini Developing Electric Model • GM Invests In Electric Car Engine Plant • GM Increasingly Viewed As "Green" By Online Consumers • Honda Plans New Hybrid for Earth Day 2009 • Hybrid Technology a Presidential Campaign Issue --- • More ...

DaimlerChrysler and General Motors have agreed to co-develop a new hybrid vehicle technology in an attempt to catch up Japanese rivals on the fuel-saving systems that reduce harmful emissions.

The two companies plan to develop hybrid technology that boosts both acceleration and fuel economy by 25 percent and can be used in a variety of vehicles.

The GM/Chrysler hybrid technology will allow a vehicle to use a smaller conventional engine, making the system more cost-effective than current Honda and Toyota hybrids.

GM will use the system in late 2007 in its Chevrolet Tahoe and GMC Yukon full-sized SUVs. Chrysler will follow with a hybrid version of its Dodge Durango full-sized SUV that will be among a range of hybrids the company offers.

The GM/Chrysler hybrid system will improve fuel economy at highway speeds and maintain trailer-towing ability, both of which are important for the U.S. market.

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