Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and ...
A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse
HANOVER - Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility services, the German carmaker said on Thursday. In June 2018 VW and Ford revealed they were in talks to jointly develop a range of commercial vehicles and later extended talks to include electric and autonomous cars as part of an alliance designed to save billions in costs.
“We are in constructive talks about taking a stake in Argo, the Ford division for autonomous driving. A joint company for offering mobility as a service is also a possibility,” Volkswagen’s commercial vehicles chief executive Thomas Sedran said on Thursday.Ford bought Argo AI, a Pittsburgh-based self-driving startup, in 2017 but development costs for autonomous cars have spiraled in recent years, leading several carmakers to seek alliances and outside investors.
VW said it had signed a contract with Ford to develop a successor to its VW Amarok pickup truck. Ford has a platform for its Ranger midsized pickup truck, which could help VW lower development costs.Our Standards:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ford to exit Russian passenger car market, cede control in JVFord Motor Co's Russian joint venture Ford Sollers will close two assembly ...
Read more »
Ford to leave Russian car market, cede control in joint ventureFord Motor Co's Russian joint venture Ford Sollers will close two assembly ...
Read more »
VW to improve production with Amazon cloud to network its factoriesVolkswagen on Wednesday said it has teamed up with Amazon Web Services to link u...
Read more »
Volkswagen Says There Will Be No Electric Beetle. But Why?VW has officially announced they will not build an electric Beetle now or anytime.
Read more »
Ford tweaks Tesla on Twitter as Detroit carmaker plans 'Mustang-inspired' all-electric SUVPresident of Global Operations Joe Hinrichs told CNBC the company is moving quickly toward producing what it previously described as a 'Mustang-inspired' all-electric SUV that will be in showrooms next year.
Read more »
Ford names Amazon and Snap veteran Tim Stone as new CFO, continuing the company's push closer to Silicon ValleyTim Stone's hiring continues CEO Jim Hackett's drive to push Ford closer to Silicon Valley. Stone had worked at Amazon and Snap.
Read more »
Ford names Amazon veteran Tim Stone as CFOFord Motor Co on Thursday named former Amazon.com Inc and Snap Inc executive Tim...
Read more »
Christine Blasey Ford named Person of the Year in awards honoring champions against sexual violenceChristine Blasey Ford has been honored with an award that seeks to honor champions against sexual violence.
Read more »
For Trump supporters, Mueller report 'sticks it to the haters'For Trump supporters, Mueller report 'sticks it to the haters' by Steve Friess ZachIsWeird
Read more »