USA: Toyota Said to Consider Offering Prius Hybrid to GM (Update2)

June 30 (Bloomberg) — Toyota Motor Corp. may offer to supply a version of its Prius hybrid car to General Motors Corp. during a meeting between the companies’ chief executives, two people familiar with the plan said.

Toyota President Akio Toyoda and GM’s Fritz Henderson will meet in Michigan in August said the people, who asked not to be identified because the plan isn’t public. A GM-badged car based on the Prius is among the options for new products at a jointly owned factory in California after GM said it would end assembly of the Pontiac Vibe there earlier than planned, they said.

GM said today it will shed its stake in the factory as part of its bankruptcy restructuring.

Source: bloomberg.com

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