Ford and Toyota combine for hybrid
Automakers Ford and Toyota have struck a deal to jointly develop a gas-electric hybrid engine for pickup trucks and sport utility vehicles.
The companies say they want to make the technology more affordable for customers and bring it to market faster.
Many details have yet to be worked out, but both say their vehicles will remain unique even if they share the same drive systems.
The deal will help both companies meet more stringent fuel economy and pollution standards, while at the same time keeping larger vehicles viable if gas prices continue to rise.
