Toyota has a lot of great technologies and manufacturing techniques that other carmakers could use.
Toyota denies in talks to cooperate with DaimlerTOKYO (Reuters) - Toyota Motor Corp denied on Thursday a report that it was considering building derivatives of Mercedes-Benz's A-Class and B-Class cars on its own platform to better utilise its European plants in the long term.
"We are denying this completely," Toyota spokesman Yuta Kaga said in Tokyo. "There is no truth to anything written in the article."
Citing sources at Toyota, German magazine auto motor und sport reported on Wednesday that the company was thinking about the generation of Mercedes compacts due to follow the upcoming version, which is scheduled to be introduced in 2011.
Read more on Toyota's denial.
