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Volkswagen AG and Ford Motor Company today announced the first agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry.

Story "Volkswagen and Ford launch global alliance"
Volkswagen CEO Dr. Herbert Diess (right) and Ford CEO Jim Hackett. They confirmed that the companies intend to develop commercial vans and medium-sized pickups for global markets beginning as early as 2022.

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