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Old 12-22-2008, 12:45 PM   #1
AVANTI R5
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Default toyota-isuzu-diesel-development-stalled

Quote:
As Toyota attempts to tighten its belt in response to dwindling sales, the automaker announced that it has suspended its joint venture with Isuzu to produce a small diesel powertrain. Toyota had acquired a stake in Isuzu in 2006 primarily for the automaker’s diesel expertise. The joint-venture powertrain was set to appear in European Toyotas in 2012.

“A decision was made early this month to suspend the project,” a Toyota spokesman told Reuters, citing slumping sales.


The engine was said to be a 1.6-liter diesel and it was expected to be featured in a variety of Toyota vehicles in Europe with North American sales a possibility in the future. Toyota was said to be watching the North American diesel market closely and evaluating whether to import the engine at a later date.


Toyota is said to be reviewing all products in the pipeline as it looks for ways to cut costs.
http://www.leftlanenews.com/toyota-i...t-stalled.html
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