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Toyota open to Ford alliance

toyotalogo.gifToyota Motor Co is open to a more involved partnership with Ford if Ford wants to, reported Japanese business daily Nikkei. Toyota President Katsuaki Watanabe said Toyota is open to talks of a technological alliance. Toyota and Ford currently have a partnership in place involving hybrid technology. Ford licenses part of Toyota’s market-leading hybrid engine technology for the hybrid versions of its Ford Escape and Mercury Mariner SUVs.

Struggling Ford, just like the other American giants, could use some of Toyota’s excellent Daihatsu-developed small cars, as the US and world market shifts it’s focus onto small and fuel efficient cars.

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

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