Ford and VAG: plans of the new Alliance

FineAuto
Ford and VAG: plans of the new Alliance

Ford and Volkswagen have agreed to form a global manufacturing Alliance in January last year. The partnership kicks off with an exchange of technologies in the field of production of commercial cars – pickups and light vans. Will continue the cooperation in the field of electric cars and Autonomous control.

The total number of debut projects mentioned pickup and the town wagon. In the future, the German company will share their own best practices in the field of electric cars with the European division of the American concern.

//

The partnership between corporations does not provide for participation in the equity of each other. At the moment VW is the largest carmaker in Europe, and Ford is number two in the United States.

Further cooperation envisages investment of a German company in affiliating with the American Argo Corporation, the firm that is working on developments in the field of artificial intelligence and unmanned technology. The German company intends to invest in Argo to 3.1 billion dollars.

In addition, previously, the presentation of the compact crossover Volkswagen Nivus. First of all, the new model will be available in the Brazilian market.