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06/19/18
Volkswagen Group News

Volkswagen AG, Ford to Explore Strategic Alliance to Extend Capabilities, Strengthen Competitiveness, Better Serve Customers

  • Volkswagen AG and Ford are exploring a strategic alliance
  • The companies are investigating several joint projects – including joint development of a range of commercial vehicles to better serve the evolving needs of customers globally
  • Potential projects aim to strengthen each company’s competitiveness; the companies will share updates as talks progress
  • VW and Ford said any strategic alliance would not involve equity arrangements, including cross ownership stakes

Volkswagen AG and Ford Motor Company today announce they have signed a Memorandum of Understanding and are exploring a strategic alliance designed to strengthen each company’s competitiveness and better serve customers globally.

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