Monday, August 22, 2011

Ford, Toyota To Collaborate On Hybrid Trucks

Ford, Toyota To Collaborate On Hybrid Trucks:

DEARBORN, Mich. — Ford Motor Co. and Toyota Motor Corp. have decided to work together on a gas-electric hybrid engine to power pickup trucks and sport utility vehicles.

The companies signed a deal Monday to share development costs, saying they want to make the technology more affordable for customers and bring it to market faster.


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