Daimler and Toray to Establish Joint Venture for Manufacturing and Marketing of carbon-fiber based automobile parts

OFFICIAL PRESS RELEASEStuttgart, Germany, Jan 24, 2011- Targeted mass production of high-tech lightweight components significantly improves fuel economy and reduces CO2 emissions of cars- New production and joining process enables large-scale production Toray Industries, Inc. (headquarters: Chuo-ku, Tokyo; President: Akihiro Nikkaku; hereinafter referred to as �Toray�) and German automobile