Ford Motor Company sprang a surprise on the media world on Monday by announcing it had signed a memorandum of understanding with Toyota to jointly develop a rear-wheel drive hybrid system for SUVs and trucks.
Ford is the undisputed king of the pickup in the U.S. Its F-series pickup has been the best-selling vehicle in the U.S. for 25 years.
Toyota is the undisputed king of the hybrid - the Prius is the best-selling hybrid in the U.S.