Ford plans to introduce a new hybrid gasoline-electric car in late 2018. The model will be compact and is a dedicated hybrid unlike the current Fusion. Ford wants to take on Toyota's best-selling ... more 
Ford plans to introduce a new hybrid gasoline-electric car in late 2018. The model will be compact and is a dedicated hybrid unlike the current Fusion. Ford wants to take on Toyota's best-selling hybrid, the Prius. Ford said most of the technology will be built upon the current models, but it hopes the fuel economy to vastly improve by 2018. Every automaker is aware of the tighter emission and fuel economy standards in North America, Europe and Asia, and Ford wants to make a car that gives drivers an easy choice. Toyota is the current leader in the hybrid arena. It introduced the Prius in North America in 2000 and sold more than 400,000 of them around the world last year. It offers several body styles, which is something Ford plans to do as well. To start, Ford wants to make 120,000 of these hybrid cars each year at its southeastern Michigan plant. less 
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TheStreet
Thu, Aug 21, 2014 3:57 PM EDT