Ford and Volkswagen to explore a strategic alliance

Volkswagen and Ford have announced having signed a Memorandum of Understanding for exploring a strategic alliance designed to strengthen each company’s competitiveness and better serve their customers globally.

The companies are exploring potential projects across a number of areas, including developing a range of commercial vehicles together to better serve the evolving needs of customers.

It appears the potential alliance would not involve equity arrangements, including any cross ownership stake

 

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