Sources: Toyota, Daimler in Hybrid Vehicle Talks
Toyota Motor Corp. and Daimler AG are negotiating a tie-up that would see Toyota provide Daimler with key components for hybrid vehicles, such as motors and control computers, sources said Thursday.
The agreement would make Daimler the fourth company to receive Toyota's hybrid technology, following Nissan Motor Co., Ford Motor Co. and Mazda Motor Corp.
Negotiations began in summer last year, when Daimler made an approach to Toyota, according to the sources.
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