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UPDATE: Toyota And Ford Reach Undisclosed Settlement With Paice Over Hybrid Technology
On Friday Ford announced ] that it had reached an amicable resolution to a long-standing dispute over hybrid drivetrain technology with Paice, a company tha…
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Toyota Loses Bid To Dismiss Hybrid Patent Lawsuit
The long-simmering dispute over hybrid technology patents between Toyota and the Florida engineering firm Paice is rolling on, as Bloomberg BusinessWeek reports that a judge from the U.S. International Trade Commission refused to dismiss the Paice suit. That suit builds on an earlier ruling requiring Toyota to pay Paice royalties on its Prius, Highlander Hybrid and RX400h sales (Toyota is challenging the amount of these royalties, ordered by a federal judge in Texas).
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