VW, Ford may unveil deeper alliance

VW, Ford may unveil deeper alliance

January 9th, 2019 by Staff and Wire Reports in Breaking News

Volkswagen AG and Ford Motor Co. will unveil a deeper alliance next week that goes beyond cooperating in commercial vehicles, Reuters reported today.

The scope of the alliance is still being determined, the report said, citing unnamed sources.

Last month, Volkswagen CEO Herbert Diess told reporters after a White House meeting that the German automaker could use some of Ford's factory capacity to produce vehicles.

The framework of the alliance would include pooling resources in autonomous technology and VW investing in that Ford business, and Ford licensing Volkswagen's MEB electric vehicles platform, the Reuters report said

VW officials have talked about gaining access to Ford's Transit commercial van and the Ranger midsize pickup truck, as well as building their vehicles in Ford plants.

An announcement could come as soon as next week's Detroit auto show, said the report.