Ford And Volkswagen In A Global Alliance

Volkswagen AG and Ford Motor Company recently announced that they’ll be working together to produce vehicles in the future.

Volkswagen chief executive Dr Herbert Diess and Ford head Jim Hackett confirmed that the companies intend to develop commercial vans and medium-sized bakkies for global markets beginning as early as 2022.

The alliance will drive significant scale and efficiencies and enable both companies to share investments in vehicle architectures that deliver distinct capabilities and technologies.

In addition, Volkswagen and Ford have signed a memorandum of understanding to investigate collaboration on autonomous vehicles, mobility services and electric vehicles and have started to explore opportunities. Both companies said they were open to considering additional vehicle programmes in the future. The teams will continue working through details in the coming months.

“Over time, this alliance will help both companies create value and meet the needs of our customers and society,” Hackett said. “It will not only drive significant efficiencies and help both companies improve their fitness, but also gives us the opportunity to collaborate on shaping the next era of mobility.”