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Car industry : Volkswagen and Ford announce collaboration

Volkswagen and Ford have closed the first official agreements on future cooperation. As a first step, the joint development of resources is large Pick-ups – all-terrain vehicles with open cargo space – planned, as VW chief Executive, Herbert Diess and his Ford colleague Jim Hackett on Tuesday to inform parallel to the car show in Detroit. These vehicles are expected to come in the year 2022, the world on the market.

Moreover, Ford plans according to the figures for the same time frame, the development and production of larger vans for both companies. These vehicles are intended for the European market. Volkswagen wants to be, in turn, supply for both partners called a City Van, a city on the market.

the two companies have settled Together in 2018, a total of approximately 1.2 million light commercial vehicles worldwide. The Alliance would be according to VW, the industry's highest-volume, cooperation in the Segment. In the next five years, demand for medium-sized Pick will rise-ups, and vans, worldwide.

Both companies have also agreed to a formal Declaration of intent, a cooperation the case of Autonomous vehicles to consider electric cars and driving services. They have already begun, appropriate ways "to explore", stated the two companies.

the partnership between The two car manufacturers is already planned for a long time. On the Friday of the Volkswagen Supervisory Board approved an agreement in principle on the planned cooperation. The aim of the cooperation in the construction of light commercial vehicles is to save costs. According to the assessment of This, both producers are in the Segment, each too small to be able to have a global role to play. Together, the car manufacturers could share expenditures for research and development, the plants could be better utilized.

Volkswagen had announced on the previous day at the fair in Detroit also plans for a factory for electric cars in Chattanooga in the state of Tennessee. Are provided for investments in the amount of 700 million euros.

U.S. President Donald Trump welcomed these plans. "Congratulations for the Chattanooga and Tennessee, to a Job well done," he wrote on Tuesday on Twitter. "A big win!"

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