VW, Ford team up on pickups, explore deal on electrics

VW, Ford team up on pickups, explore deal on electrics

5 years ago
Anonymous $Dftgs0JzgE

https://phys.org/news/2019-01-vw-ford-team-pickups-explore.html

Ford Motor Co., based in Dearborn, Michigan, would make the medium-sized pickups, one of its strengths, as well as larger vans. Volkswagen would develop and build a city van. Cooperation on development lets carmakers spread their costs over more vehicles, lowering their average costs.

The two companies also signed a memorandum of understanding to look into cooperation on electric and autonomous cars and were willing to consider additional projects, but without taking shares in each other.

VW, Ford team up on pickups, explore deal on electrics

Jan 15, 2019, 3:45pm UTC
https://phys.org/news/2019-01-vw-ford-team-pickups-explore.html > Ford Motor Co., based in Dearborn, Michigan, would make the medium-sized pickups, one of its strengths, as well as larger vans. Volkswagen would develop and build a city van. Cooperation on development lets carmakers spread their costs over more vehicles, lowering their average costs. > The two companies also signed a memorandum of understanding to look into cooperation on electric and autonomous cars and were willing to consider additional projects, but without taking shares in each other.