From: Kurt Godden <godden@gmr.com>
Subject: GM May Build Toyota-badged Car
Organization: GM R&D
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X-XXDate: Fri, 16 Apr 93 13:54:11 GMT

This appeared today in the 

The Japan Economic Journal reported GM plans to build a Toyota-badged car
in the US for sale in Japan.  Bruce MacDonald, VP of GM Corporate
Communications, yesterday confirmed that GM President and CEO Jack Smith
had a meeting recently with Tatsuro Toyoda, President of Toyota.  
this meeting the two discussed business opportunities to increase GM
exports to Japan, including further component sales as well as completed
vehicle sales,
parts sales, the two presidents agreed conceptually to pursue an
arrangement whereby GM would build a Toyota-badged, right-hand drive
vehicle in the US for sale by Toyota in Japan.  A working group has been
formed to finalize model specifications, exact timing and other details.
