Toyota Willing to Help GM

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By
Muhammed El-Hasan
on June 1, 2009 9:02 AM | | Comments (0) |

Would Toyota get a stake in GM like the US government did? Doubtful.

Toyota chief: would consider supporting GM if asked


TOKYO (Reuters) - The head of Toyota Motor Corp said on Monday he hoped to continue operations at a California-based joint venture factory with General Motors Corp, and would consider supporting the automaker if asked.

"It's not something we would bring up on our own, and we don't know enough about the restructuring plan," President Katsuaki Watanabe told a small group of reporters.

Read the final quote of story.

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This page contains a single entry by Muhammed El-Hasan published on June 1, 2009 9:02 AM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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