Toyota Motor Corp. Chairman Fujio Cho met with Ford Motor Co. CEO Alan Mulally. However, the automaker claimed that it did not discuss the possibility of any alliance with Ford. Tomomi Imai, Toyota's spokesperson said, "It was just a get-acquainted meeting." He further added, "Toyota's top executives constantly meet with counterparts at other automakers."
Analysts have previously expressed their skepticism about the rumored outright or even substantial merger of the two auto giants. Erich Merkle, IRN analyst said "I don't think you're looking at any kind of alliance here. You have to ask yourself what would be in it for Toyota. They're doing pretty well on their own."
Even though several analysts are skeptical about the View the rest of this article
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