Ford talks with VW to help reverse losses overseas

Ford talks with VW to help reverse losses overseas

6 years ago
Anonymous $oIHRkISgaL

http://www.detroitnews.com/story/business/autos/ford/2018/10/26/ford-talks-volkswagen-help-reverses-losses/38285381/

Ford Motor Co. is in serious negotiations with Volkswagen AG to broaden their alliance beyond commercial vehicles in ways that would help the American automaker reverse losses in Europe and South America and share costs of pricey technology and small cars.

"We're having a very broad set of discussions about how we can help each other around the world," Bob Shanks, Ford's chief financial officer, said in an interview Thursday. "Collaboration isn't being limited in any way whatsoever, whether it's different types of technology, product segments or geography."