VW,TOYOTA LIGHT TRUCK DEAL CLOSE TO CONCLUSION
Volkswagen AG <VOWG.F>
said negotiations with Toyota Motor Corp <TOYO.T> over a joint
production accord have reached "an advanced stage."
    An announcement on an agreement to assemble Toyota Hi Lux
light trucks at VW's Hanover plant is expected next week,
industry sources close to VW said.
    The Financial Times newspaper quoted VW managing board
chairman Carl Hahn saying he was certain the two companies
would agree to produce one tonne pick-up trucks from 1988.
 Reuter
