TOKYO – Toyota Motor Corp.’s recently announced strategic supply pact with long-time rival Nissan Motor Co. Ltd. to purchase hybrid system components for future cars took most of the industry here by surprise. Under the Sept. 2 agreement, Nissan will install a Toyota hybrid system in an unspecified model to be sold in the U.S. from 2006. Sales volumes are expected to average 20,000 units per year over a 5-year period for a cumulative total of 100,000. Toyota Prius Toyota and ...
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