Toyota Motor Corp. and Ford Motor Co.
have ended a partnership to jointly develop gas-electric hybrid systems
for trucks and sport utility vehicles, the automakers said Tuesday.
The two companies had planned on cooperation to curb massive development costs. But they are believed to have failed to reach an agreement on basic designing of a hybrid system as well as other details, such as production sites and the scope of technological disclosure.
Ford, the second-largest U.S. carmaker, has developed a hybrid system for cars that can be converted for use in pickups and SUVs, reducing the need for joint efforts with Toyota.
http://www.japantimes.co.jp/news/2013/07/24/business/toyota-ford-end-hybrid-partnership/#.UfDzfVOE6Zg
The two companies had planned on cooperation to curb massive development costs. But they are believed to have failed to reach an agreement on basic designing of a hybrid system as well as other details, such as production sites and the scope of technological disclosure.
Ford, the second-largest U.S. carmaker, has developed a hybrid system for cars that can be converted for use in pickups and SUVs, reducing the need for joint efforts with Toyota.
http://www.japantimes.co.jp/news/2013/07/24/business/toyota-ford-end-hybrid-partnership/#.UfDzfVOE6Zg
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