Possible GM Hybrid Deal
Toyota denied a Japanese media report Monday that it was studying a possible deal to offer its hybrid technology to General Motors Corp. if the U.S. automaker expresses any interest. The Yomiuri, Japan’s largest newspaper, said Toyota was looking into the possibility of offering its hybrid technology to GM, without citing sources, as is common in Japan.
Toyota sees it as an opportunity to make its hybrid technology more widespread, the report said.Toyota – maker of the Prius, the world’s top-selling hybrid – denied it was now considering such a deal but said it has a longtime stance of being open to deals with other automakers to share its hybrid technology.
Toyota already sells its hybrid technology to Nissan Motor Co., Japan’s No. 3 automaker, for vehicles Nissan sells in the U.S. Nissan does not yet sell vehicles packed with its own hybrid systems, although it is working on such models.
Detroit-based GM has been tackling major restructuring, and borrowed an additional $4 billion from the U.S. government Friday on top of $15.4 billion previously received. Adding fuel-efficient models to its products is considered crucial to a turnaround. It faces a June 1 government-imposed deadline to finish restructuring or be forced into bankruptcy court.
Periodically Evaluate The Scope Of Your Coverage
In applying for insurance, regardless of what kind or type the consumer’s will be applying for – first of all, everyone needs to understand that there is no such thing as “full coverage.” What they think is “full coverage” will be something else to another policyholder and obviously something else again to your insurance agent. Thus, insurance quote is very important for consumer’s resource for fast and affordable quotes which will allow insurance shoppers access to a nationwide database of thousands of available providers. And if ever, call your state insurance department if you are unsure about an insurer or agent you are working with to make sure they are legitimate and licensed to do business in your state. And towards that approach, periodically evaluate the scope of your coverage; don’t wait until you need to file a claim. Hence, everyone can count on at the above mentioned.
Protecting The Corals
Saying there is no higher calling than the protection of the environment, President Macapagal-Arroyo yesterday rallied the support of the leaders of countries in the Coral Triangle to “keep it in good health.” “The Coral Triangle is potentially the world’s most important refuge for marine life. For too long, we have let our environment become degraded, our natural resources diminished, our social contract with nature destroyed,” the President said in her speech at the Coral Triangle Initiative on Coral Reefs, Fisheries and Food Security in Manado, Indonesia.
Aside from the Philippines and Indonesia , Malaysia, Timor Leste, Solomon Islands and Papua New Guinea are the other countries in the Coral Triangle. The President said everyone has a “moral obligation to ensure that the beauty and bounty of the land, air and sea remain for the rest of time.” “This is not an either-or-proposition. This must be a win-win solution to not just stopping the degradation but also improving, restoring and enhancing our ecology.
We rely on the sea for food, jobs and pleasure. Let us not destroy this resource,” she said. Mrs. Arroyo said the CTI should also be brought to the attention of the United Nations and stressed the need to call on all countries particularly the major industrialized and developed nations to do their share to preserve the environment. Also during the summit, the Asian Development Bank and Global Environment Facility committed a $4.6 million aid of the $25.6 million for the protection and preservation of the coral reefs of the Coral Triangle countries.