Ford and Volkswagen to explore a strategic alliance

Volkswagen and Ford have announced having signed a Memorandum of Understanding for exploring a strategic alliance designed to strengthen each company’s competitiveness and better serve their customers globally.

The companies are exploring potential projects across a number of areas, including developing a range of commercial vehicles together to better serve the evolving needs of customers.

It appears the potential alliance would not involve equity arrangements, including any cross ownership stake


Page generated in 0.2034 seconds.