Toyota Motor Cor-poration and Ford Motor Company will work together to develop hybrid trucks and Sporty Utility Vehicles that will be ready for market by the end of the decade, the two companiesFord and Toyota plan to collaborate on product development for the future rear-wheel drive hybrid vehicles, as well as forentertainment systems.Developing the hybrids will help each automaker meet stringent fuel economy standards in coming yearsvice president for Toyota research and development, and Derrick Kuzak, Ford's product development chief.There are no plans for collaboration beyond rear-wheel drive hybrids and on-board phone, navigation and entertainment systems,Toyota has been the world leader in hybrids since it introduced the Prius sedan in 1997. It has since sold 3.3 million hybrid vehicles, led by the Prius, which like most fuel-efficient cars, has front-wheel drive.This is the kind of collaborative effort that is required to address the big global challenges of energy independence and environmental sustainability," Ford Chief Executive Alan Mulallya prepared statement.Toyota president, Akio Toyoda, also in a prepared statement tie-up "should also become an important building block for future mobilityWhile Toyota has led in hybrid sales, Ford has been a leader in pickup trucks.
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