VW Is Considering Van Alliance With Ford to Share Costs
- Alliance to see speculation of broader cooperation: Bernstein
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Volkswagen AG and Ford Motor Co. are considering a strategic alliance to work together on a range of commercial vehicles, a move that would enable two of the world’s largest automakers to share the burden of meeting tougher environmental rules.
The potential alliance on several projects, including vans and other commercial vehicles, won’t lead to an exchange of equity or cross-ownership stakes, the companies said in a joint statement Tuesday. The automakers didn’t provide a timeline for when they hope to formalize their relationship, instead saying they “will provide updates and additional details as talks progress.”