Nissan to License Hybrid Technology from Toyota

Nissan Motor Co. (Tokyo) announced that it will license gas-electric hybrid engine technology from Toyota Motor Corp. (Japan) for use in a hybrid version of the Nissan Altima. The new car is scheduled to hit showrooms in 2006. At the same time, Nissan intends to continue developing an alternative hybrid technology in-house, while it also works on cleaner-burning diesel engines and fuel cell technology.