GM says No to Toyota hybrid cars

According to AutoWeek, GM has officially put the fork in rumors regarding GM's use of Toyota hybrid technology. It isn't going to happen - at least for now.

"Nobody knows whether hybrid-vehicle demand will remain at 3 percent of new-car demand or go up to 15 percent," Larry Burns, GM's vice president for r&d, told a Japanese reporter last week. "If the market goes up, we have to develop hybrid technology by ourselves."

Hopefully, this is a sign that the hybrid partnership between Chrysler and GM is going well. Still, the first hybrid vehicles to come from this collaboration won't hit the streets until 2008.