Ford, VW form alliance to develop commercial vans, pickups globally for 2022

After an intense courtship that began in the summer of 2018, Ford Motor Co. and Volkswagen AG announced Tuesday that the car companies are moving ahead together on delivering medium pickup trucks for global customers starting in 2022, with plans to follow up with commercial vans in Europe. The agreement is expected to provide scale and efficiency savings for both companies starting in 2023. In addition, Ford and Volkswagen said they are committed to exploring potential collaboration on electric vehicles, driverless vehicles and mobility services. Ford Motor Co. President and CEO, Jim Hackett, left, meets with Dr. Herbert Diess, CEO of Volkswagen AG, Monday, Jan. 14, 2019, at the North American International Auto Show in Detroit. "Over time, this alliance will help both companies create value and meet the needs of our customers and society," said CEO Jim Hackett in a news release.