Monday, August 22, 2011

Ford to Collaborate with Toyota on the Development of a New hybrid system for Light Truck and SUV



Ford and Toyota have put their rivalry away momentarily to combine forces for the development of a new "advanced" hybrid system for light truck and SUV customers. The two automakers signed a memorandum of understanding (MOU) on the product development collaboration, in which they will be equal partners, with the formal agreement expected by next year. Read more »

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