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Ending Pact - Japan - Toyota: no extension yet of fuel-cell pact with GM
TOKYO,Japan -Reuters -Nov 02, 2005: -- Toyota Motor Corp. and General Motors have not decided yet to extend a pact under which the two automakers cooperate in research on fuel-cell vehicles, a Toyota spokesman said on Wednesday... The comment was in response to earlier media reports that GM Chairman Rick Wagoner and Toyota President Katsuaki Watanabe would agree on an extension when they met in Tokyo on Wednesday... The broad two-year agreement expires next March, and speculation about a further fine-tuning of the arrangement has been bubbling since May when Wagoner met with then-Toyota President Fujio Cho on his last trip to Japan...
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