Jagawa stressed that Toyota is in discussions with GM "with an open mind." Although it may mean Toyota would trade only raw materials and commonly used parts on either the GM or Ford system, Toyota is interested in making its buying more efficient, he said.
STANDARDIZING AUTO PARTS
some of Toyota's talks with GM also involve standardizing components. That would allow the two companies and GM's other participants to share a common electronic procurement infrastructure and maximize the online network's effectiveness.