What kind of help is Ford seeking from Toyota?

Updated: 2:07 PM Pacific

There are rumors coming out of Japan that Ford is seeking some kind of assistance from Toyota, but it is not known exactly what kind of assistance Ford is exploring. Nonetheless, early reports indicate that Ford is interested in Toyota's hybrid and fuel cell technology. With fuel economy and global warming becoming ever more important issues in the U.S., it isn't surprising that Ford might be seeking more hybrid assistance from Toyota.

Already, Ford utilizes some Toyota hybrid technology for its hybrid vehicles, the Escape hybrid and the Mercury Mariner hybrid. Thus, could Ford be seeking help on another hybrid vehicle?

Since tax credits for Toyota hybrids have been reduced, the sales of Toyota hybrids have slowed. In this market, a serious Prius challenger might be able to make some important gains in the hybrid vehicle segment, especially for a company like Ford. Moreover, if Toyota helped Ford challenge the Prius, Toyota would still make money off of the deal by licensing their hybrid technology - a move in which Toyota has claimed significant interest.