Report: Toyota, Ford executives meet to discuss partnership

Top executives from Toyota and Ford met in Tokyo recently to discuss a potential partnership between the companies, according to a report by Japan's Nihon Keizai Shimbun.

The meeting was reportedly held at Ford's request. Toyota Chairman Fujio Cho and Ford President and Chief Executive Officer Alan Mulally met last week as a first step. Mark Fields also attended the meeting.

The two parties plan to meet again in January for further talks, the business newspaper said.