This is looking good . . .

If the license agreement comes to more then a nice press release.

From the NY Times in the IHT

Ford will purchase the Toyota hybrid technology and use it in their own cars. If Ford is serious about this and Toyota won't charge too much for the royalties, then this will help get more hybrid cars and SUV and trucks on the road, which will help reduce the amount of oil we have to import.

So hopefully Detroit will not be left behind again and will hopefully compete with the other automakers.