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GM, DaimlerChrysler to develop hybrid engines |
Detroit, Michigan - General Motors Corp. and DaimlerChrysler AG are teaming up to develop fuel-saving hybrid engines in hopes of cashing in on an expanding market already dominated by hybrid leaders Toyota Motor Corp. and Honda Motor Co.
Financial terms of the agreement between GM, the world's largest automaker, and its German-American rival weren't disclosed yesterday, but Tom Stephens, GM's group vice president for powertrains, said it likely will involve an investment of hundreds of millions of dollars.
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There's Hope. Solutions already exist today that will drastically reduce an individual's ecological footprint.
- When shopping for a new vehicle, choose a vehicle with low green house gas emissions and a high fuel economy. Visit EPA's Green Vehicle Guide for help.
- Make the switch to energy efficient light bulbs that will cut energy consumption by 80%. Visit EDF's Energy-Saving Light Bulb Guide to see the abundance of designs available. This is a no-brainer because it saves you alot of money as well!
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