The bond between Ford and Toyota: Microsoft
Japan and the US are teaming up with two automotive powerhouses announcing a deal today to develop new hybrid systems and telematics standards. The joint venture will put Ford and Toyota as equal partners to accelerate bringing advanced hybrid systems to market. They will also be working towards next-generation standards, bringing the automotive industry in line with internet and GPS-based technologies. The hybrid systems will be developed specifically for light trucks and SUVs, a market that is currently behind the smaller-vehicle market currently dominated by the Toyota Prius. While…