Ford, Toyota to Collaborate on Developing New Hybrid System for Light Trucks, SUVs; Future Telematics Standards
• Ford and Toyota are collaborating as equal partners to accelerate consumer availability of a new advanced hybrid system for light trucks and SUVs • New co-developed hybrid system ready for use later this decade on Ford and Toyota rear-wheel-drive light trucks and SUVs, delivering greater fuel efficiency while still providing customers the capability they want and need • Ford and Toyota also will collaborate on development of next-generation standards for in-car telematics and Internet-based services Dearborn, Mich., Aug. 22, 2011 – Ford Motor Company and Toyota Motor Corporation – the world’s two leading manufacturers of hybrid vehicles – today announced they will equally collaborate on the development of an advanced new hybrid system for light truck and SUV customers. ...