Toyota to Collaborate with Competitor to Develop Hybrid System for Trucks
Toyota enthusiasts know that Ford is a close competitor of Toyota, especially in the hybrid market, and would never think that the two automakers would work together. But recently, Ford and Toyota announced that they will be collaborating on developing a new rear-wheel drive hybrid system for trucks and SUV's.
The two companies signed a deal that will allow for them to share development costs which will make the technology more affordable for customers…