Deals
VW, Ford Are Said to Mull Self-Drive Tie-Up as Talks Broaden
- The two started exploring a strategic alliance in June
- Collaboration isn’t limited ‘whatsoever,’ Ford CFO says
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Talks between Volkswagen AG and Ford Motor Co. on forming an alliance have broadened to include potential collaboration on autonomous driving and arrangements to make vehicles for one another, according to people familiar with the matter.
The potential cooperation on self-driving technology could result in significant cost sharing, said the people, who asked not to be identified because negotiations are ongoing. Ford’s chief financial officer separately told Bloomberg News in an interview that talks are open-ended.