https://phys.org/news/2019-01-pressure-ford-reinventing.html

It was also poised to announce a major alliance with VW next week, as it races to catch up in autonomous and electric car technologies.

Ford, which employs 200,000 people worldwide and brought in nearly $146 billion in revenue in 2017, has previously said it wants to cut costs by about $25.5 billion by 2022.