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VW and Ford builds pickups in common

Rumors of the alliance have been experienced throughout the autumn and on Tuesday presented the companies ' presidents Herbert Diess and Jim the Hack details on a joint conference call during the auto show in Detroit.

In a first step, cooperation will focus on pickups and vans that will begin to be launched in 2022. Ford will develop and build pickups in size for both the companies as well as a larger van for the european market. Volkswagen will develop a new van for the stadsbruk.

the alliance will result in improved operating profit from 2023.

– Over time, this alliance will help both companies to create value and to meet the needs of our customers and of society. It will not only increase our efficiency, but also give us the opportunity to create the next generation of mobility, " says Ford's ceo Jim Hack.

– Volkswagen and Ford will tighten up the joint resources, utvecklingsförmågorna and supplementary positions to further support our million customers around the world. The alliance will also be a cornerstone of our willingness to increase competitiveness, " says VW's ceo Herbert Diess.

does not involve any form of cross-ownership and shall be monitored by a committee headed by the Diess and the Hack.

The two companies have also signed a letter of intent, which means that more areas of cooperation, such as self-driven cars, electric cars and mobility will be investigated. The companies are also open to cooperate on more models in the future.

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