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Toyota, Ford not ready to collaborate on hybrid technologies


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Jul 23, 2013, 2:30pm CDT


Toyota, Ford not ready to collaborate on hybrid technologies

The verdict is in. Toyota Motor Corp. and Ford Motor Co. have completed a feasibility study to determine if it made sense to work in collaboration to develop new hybrid systems for light trucks and SUVs.

The two automakers have decided that it would be best if they develop such systems separately.

Toyota issued a statement on Tuesday noting that its “commitment to hybrid technology is unwavering.”

In fact, the automaker says it has already sold more than 2 million Toyota and Lexus hybrid vehicles in the U.S., which represents about 70 percent of the U.S. auto industry’s total hybrid sales. In addition, Toyota officials say the company is on track to offer 18 new or redesigned hybrid models globally by the end of 2015.

Officials with Toyota and Ford announced back in 2011 a plan to determine if a collaborative approach to developing new hybrid systems was feasible. The two companies have not ruled out the possibility of working together in the future on next-generation technologies.

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