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Toyota open to Ford alliance, if asked

01/17/2007, 12:07 PM

By admin

Toyota would consider a partnership with Ford if approached by the U.S. automaker, Toyota President Katsuaki Watanabe told Japan’s Nikkei business daily. Such an alliance would focus on developing and sharing technologies, he said.

Toyota spokeswoman Shiori Hashimoto told Reuters Toyota executives routinely meet with top executives from other companies, and such meetings did not mean they would form an alliance.

In December, Japan’s Nihon Keizai Shimbun reported executives from Toyota and Ford met in Tokyo to discuss a potential partnership between the companies. The meeting was reportedly held at Ford’s request. Toyota Chairman Fujio Cho and Ford President and Chief Executive Officer Alan Mulally. The two parties are expected to meet again this month.

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01/17, 12:14 PM

posted by:

F451

I’m betting on Ford turning it around, and welcome any alliances of this caliber.

01/17, 12:15 PM

posted by:

Scott Kempton

Hmmm. Interesting idea. I wonder what Toyota would gain from such an alliance?

01/17, 12:29 PM

posted by:

GMnumberone4ever

Joining forces to survive the hostile takeover from GM?

Intersting.

01/17, 12:34 PM

posted by:

Bush

Someone needs to go find a life.

01/17, 12:36 PM

posted by:

mujician

GM, please. If Ford and Toyota merged, I don’t think anyone would stand a chance. VW and BMW are in totally differant markets. But, I think they would be the only ones safe for the time being.

01/17, 12:45 PM

posted by:

YourNameHere

all it says is they would share technology. prob co-develope a 4 banger to put into the focus/carolla kind acars…maybe a new hybrid system but i doubt much else.

01/17, 12:53 PM

posted by:

car-a-holic

tonight at eleven:
toyota stocks hit bottom, numerous corporate suits commit suicide; Ford leverages family mausoleum and family dog as execs take refuge.

01/17, 1:06 PM

posted by:

Egbert Souse

Remember when people used to laugh at Toyotas…. wow that was a long time ago

01/17, 1:09 PM

posted by:

wetstuff

TOYOTA needs more marginal product to help keep their recall numbers up.

ji m

01/17, 1:15 PM

posted by:

Matt Keegan

What a funny headline. Almost should read, “Well, if you really want to play we’ll think about it”

What does Toyota have to gain? World domination.

01/17, 1:21 PM

posted by:

MC

Joining forces to survive the hostile takeover from GM?

Intersting.
Comment by GMnumberone4ever

What are you talking about? GM has always been on top. They are the ones who are going to be overtaken.

01/17, 1:26 PM

posted by:

Kaizen

We gain by improving the US economy. As corporate citizens, we feel that if Ford fails, we will all suffer. Our communities will suffers. Our goal is to be the most successful AND respected car company in the world and this is one way we feel that we can work towards this goal.

01/17, 1:28 PM

posted by:

spartiates81

They probably want truck technologies from ford or diesel technology to replace their obsolete tundra 2008 that doesnt have a diesel.

01/17, 1:31 PM

posted by:

car-a-holic

GMnumberone4ever:
I also think thats an interesting comment. Where woud they have the capital, even if they sell of the remainder of GMAC finance? They are suffering loss of market share unless they continue to really score HUGE in china…..

01/17, 1:33 PM

posted by:

Piablo

I would say these type of alliances will become more common practice. It takes an immense amount of capital to develop new technologies today. If two companies can share the burden for one new technology, not only do the two companies benefit, the consumers do as well. We’ve already seen this with GM, Chrysler and BMW devloping the new dual drive transmission. This will be the only way, incidentally, for consumers to get a REAL solution to the energy issue. A half dozen major manufacturers coming up with a half dozen solutions to alternative energy sources only confuses the market and cost more money in the end. If GM, Ford, Daimler, and BMW were to come together to design a true alternative technology, everybody would win. It would help enable a needed change in the infrastructure.

That’s all this alliance is about. Ford will not be manufacturing Toyotas, nor vice versa. Toyota’s trade secret is in it’s manufacturing plants. That is the single reason for Toyota’s rise to the top.

01/17, 2:32 PM

posted by:

Phil

I agree with spartiates81. Toyota would benefit from this alliance by working with Ford to get much-needed diesel engines into its trucks. Ford, on the other hand, might be able to sell some of its plants to Toyota. I don’t see any kind of merger or anything like that, just a business alliance ala GM and Subaru or GM and Suzuki or Daimler and VW.

01/17, 2:51 PM

posted by:

Oldsmobile

Screw all of this corporate alliance BS.

That’s what I say.

01/17, 3:23 PM

posted by:

Stuart

Someone forgot to tell GMnumber1forever (GMrules) that toyota has enough money to buy the big 2, Daimlerchrysler, Volkswagen and still have enough change for BMW to buy

01/17, 3:53 PM

posted by:

rey323

I completely agree with Piablo. A huge positive of an alliance is to get over the enormous capital burden of developing a new technology by

01/17, 4:09 PM

posted by:

joseph

LLN, you guys really like to REWORD and skew the headlines, don’t you???

Here is the same article from Business Week….a better source, with a more a REAL take on the subject.

http://www.businessweek.com/autos/autobeat/archives/2007/01/toyotas_watanab.html?campaign_id=rss_blog_blogspotting

01/17, 4:20 PM

posted by:

Random Jerk

joesph, LLN ain’t here to provide legit auto news. LLN is here to serve you banner ads. Why do you think they let idiots **** all over the comments? It don’t matter if the traffic is here becuase of skewed headlines, lifted copyrighted photos, or moronic flame war comments – it all results in more ads served.

You go LLN!

01/17, 4:26 PM

posted by:

Jazz

lol Random Jerk – That remark resembles some truth.

01/17, 4:39 PM

posted by:

joseph

REALLY Random Jerk??? Or should I call you, Captain Obvious. I was just saying that it would be nice to see a little bit of truth with some of these articles….especially if you claim to be an Auto News site….not pick out words and leave words to make it sound good. If you have to do that, than why post it anyway? Go find a more interesting subject.

01/17, 4:46 PM

posted by:

joseph

LLN, show my more spy pics, new models, new vehicle tests…etc. I’m tired of news about No News!

01/17, 4:50 PM

posted by:

Hyperion

Perhaps with this alliance Toyota can learn how to build a few inexpensive rear wheel drive cars for its non-Lexus divisions.

Then again I’m assuming that Ford even remembers HOW to build a rear wheel drive car that doesn’t have a solid rear axle.

01/17, 7:01 PM

posted by:

manhertm

I think the Toyota exec said that because its no secret Toyota is trying to gain American favor and helping to “save Ford” would make them the ultimate “nice guy” car company. I think Ford will do a turn around without their help and regain the American car buyers’ faith(money). This is not a knock on Toyota because we’re a capitalist country and they are on top of their game,but as an American citizen and Michigan resident I’d hate to see America gain more favor for a non-American car company.

01/17, 7:25 PM

posted by:

peter_hershey

It is a little known fact that Henry Ford helpped mr Toyota after WWII the truth of the matter is they owe Ford big time! they would still be building looms and other textile machines and wouldn’t be in the car business.

01/17, 7:53 PM

posted by:

1c3d0g

Stuart: not true. BMW, for instance, is not for sale. Besides, with all the lawsuits, recalls etc. that Toy Ota is facing they sure as hell don’t have that kind of cash. What did you say you were smoking?

01/17, 9:34 PM

posted by:

leviathan18

if toyota makes a joint venture with ford please develop sport cars for toyota brand …… supra mr2 nice car please corolla with 200hp yaris with 175 or something like that

01/17, 11:52 PM

posted by:

VDuv Kux Klan

No good idea, Toyota quality reputation maybe in danger

01/18, 7:40 AM

posted by:

Thrith

Foyortad or Tordota…kinda has a nice ring to it. Ford will recover, I have hope.

01/18, 8:40 AM

posted by:

GMnumberone4ever

They’d better recover soon cause the American Revolution is getting stronger and stronger by the minute. I still don’t see how hiding behind Toyota is going to help since GM is going to wipe them out as well but I digress.

01/18, 8:47 AM

posted by:

mujician

LOL, ha. ha. ha…..

01/18, 1:36 PM

posted by:

MC

They’d better recover soon cause the American Revolution is getting stronger and stronger by the minute. I still don’t see how hiding behind Toyota is going to help since GM is going to wipe them out as well but I digress.
Comment by GMnumberone4ever

GM is going down dummy.

01/20, 12:10 PM

posted by:

LamborghiniZ

Don’t soil Toyota’s quality with Ford, please.

01/20, 1:38 PM

posted by:

MC

You do know the Ford GT is faster and it looks better than a lambo.

01/21, 5:20 PM

posted by:

Elvio

I think Toyota starts to lose its mind.

01/21, 8:10 PM

posted by:

LamborghiniZ

MC: Looks are subjective (I thought everyone knew that?), and as for “faster”, if I cared about one or two tenths of a second, then maybe that would matter to me…but considering that the difference between 3.4 and 3.6 is to me, irrelavent. I don’t give two ****s.

 
 
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