The Car and Truck Fleet and Leasing Management Magazine

DaimlerChrysler and GM Finalize Hybrid Agreement

August 30, 2005

DETROIT – DaimlerChrysler and General Motors have signed a definitive agreement to jointly develop hybrid powertrains, according to the Detroit News. The agreement was originally announced in December 2004, and finalized early this week. Hybrids draw power from two energy sources, typically a gas or diesel engine combined with an electric motor. DaimlerChrysler will be the lead for development of hybrid powertrains for rear-wheel-drive luxury cars while GM will take the lead for rear-wheel-drive full-size trucks, sport/utility vehicles, and front-wheel-drive vehicles. The first hybrids in Dodge Durango and Chevrolet Tahoe are expected out in late 2007.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All
Sponsored by

A cover used to conceal and/or secure cargo in a pickup truck.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher