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30/08/2011
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Ford Motor Company and Toyota Motor Corporation have announced they are to collaborate as equal partners on the development of an advanced new hybrid system for pick-ups (light trucks) and SUVs. The two companies have signed a memorandum of understanding, with a formal agreement expected to be in place by next year.
 The duo have also agreed to work together in developing each company's telematics standards, helping to makes more internet-based services and information available to customers around the world.
Under the memorandum of understanding, the two companies will specifically: -
Jointly develop, as equal partners, a new rear-wheel drive hybrid system and component technology for pick-ups and SUVs
Independently and separately integrate the new hybrid system in their future vehicles
Ford and Toyota have been working independently for years on similar rear-wheel drive hybrid systems with the aim of delivering higher fuel economy in pick-ups and SUVs. When they began discussing potential collaboration, they quickly found common ground.
Although the hybrid system will share significant common technology and components, each company will determine the calibration and performance characteristics of their respective models which use the new powertrain.
In addition, both companies are to work together on developing next-generation telematics standards and technologies for safer, and more secure and convenient motoring. Each company will, however, continue to develop its own in-vehicle products and features.
"This agreement brings together the capability of two global leaders in hybrid vehicles and hybrid technology to develop a better solution more quickly and affordably for our customers," says Derrick Kuzack, Ford group president, global product development. "Ford achieved a breakthrough with the Ford Fusion Hybrid, and we intend to do this again for a new group of truck and SUV buyers, customers we know very well."
Takeshi Uchiyamada, Toyota executive vice president, research and development, adds: "In 1997, we launched the first-generation Prius, the world's first mass-produced petrol-electric hybrid. Since then, we have sold about 3.3 million hybrid vehicles. We expect to create exciting technologies that benefit society with Ford, and we can do so through the experience the two companies have in hybrid technology."
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Author
John Challen
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