VW and Ford team up on trucks, with joint deals on EVs and self-driving cars likely to follow

The Japan Times

DETROIT - Volkswagen AG and Ford Motor Co. said on Tuesday they will join forces on commercial vans and pickups and are exploring joint development of electric and self-driving technology in moves meant to save the automakers billions of dollars. Ford and VW announced their partnership against the backdrop of the Detroit auto show. The tie-up, which starts with sales of vans and medium-sized pickups in 2022, will not involve a merger or equity stakes, the companies said. "It is no secret that our industry is undergoing fundamental change, resulting from widespread electrification, ever stricter emission regulation, digitization, the shift towards autonomous driving, and not least the changing customer preferences," Volkswagen Chief Executive Herbert Diess told reporters and analysts on a conference call. "Carmakers around the globe therefore are investing heavily to align their portfolios to future needs and accelerate their innovation cycles," he added.


With strong China focus, VW spearheads $300 billion global drive to make all cars electric

The Japan Times

The unprecedented level of spending -- much of it by Germany's Volkswagen AG -- is driven in large measure by government policies adopted to cut carbon dioxide emissions, and will extend technological advances that have improved battery cost, range and charging time to make electric vehicles more appealing to consumers, according to an exclusive analysis of public data released by those companies. China for decades played catch-up to German, Japanese and American automakers, which dominated internal combustion vehicle technology. Now, China is positioned to lead EV development, industry executives say. "The future of Volkswagen will be decided in the Chinese market," said Herbert Diess, chief executive of VW, which has decades-old joint ventures with two of China's largest automakers, SAIC Motor and FAW Car. Speaking earlier this week to a small group of reporters in Beijing, Diess said China "will become one of the automotive powerhouses in the world."


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

USATODAY - Tech Top Stories

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.


Ford and Volkswagen are about to make cars for each other

Washington Post - Technology News

Ford Motor and Volkswagen announced a worldwide partnership on Tuesday that's aimed at saving the two companies millions on development of pickup trucks, vans and transit vehicles, with an eye toward working together in the future on self-driving and electric cars. Under the alliance, each company will design and produce cars for the other. In Europe, Volkswagen will begin to sell Ford-produced medium pickups and commercial vans by 2022, and Volkswagen will develop a city-oriented van for Ford that would arrive by 2023. Each company would enjoy the flexibility to brand and market the new vehicles according to its own strategies, executives said. The partnership is not a merger and will not involve either company taking an ownership stake in the other.


Ford and Volkswagen are about to make cars for each other

Washington Post - Technology News

Ford Motor and Volkswagen announced a worldwide partnership on Tuesday that's aimed at saving the two companies millions on development of pickup trucks, vans and transit vehicles, with an eye toward working together in the future on self-driving and electric cars. Under the alliance, each company will design and produce cars for the other. In Europe, Volkswagen will begin to sell Ford-produced medium pickups and commercial vans by 2022, and Volkswagen will develop a city-oriented van for Ford that would arrive by 2023. Each company would enjoy the flexibility to brand and market the new vehicles according to its own strategies, executives said. The partnership is not a merger and will not involve either company taking an ownership stake in the other.