DEARBORN, Mich. – Ford and Volkswagen will supply each a small city van, a larger cargo van, a compact pickup truck and an electric vehicle as their joint global alliance announced in 2003. The two firms made the first announcement on Tuesday night saying that the deal was sealed.
The companies informed about certain aspects of what the business is going to bring in Wednesday where the town van was developed by Volkswagen and the company manufactured Fords ½ tons cargo van on order for both companies. The corporations also said that VW could produce a small pickup built on Ford’s Ranger platform while a Volkswagen electric car would be produced by Ford primarily on VW’s modular designs intended for Europe. Additionally, the firms have also proven commitment toward mutually funding development of autonomous cars as Volkswagen invests in Argo AI, an American company primarily owned by Ford based in Pittsburgh.
According to Volkswagen Group CEO Dr. Herbert Diess“in the wake of the Covid-19 pandemic and its effects on the world economy, it is more important than ever that we form hardy partnerships among strong companies.” This cooperation will allow for lowering development
According to Ford CEO Jim Hackett, this alliance happened at a moment that was very excitement on about of smart and connected cars are increasing day by day in today’s intelligent world. It means that there is an opportunity for innovation and addressing the transportation challenges globally, delivering amazing benefits to customers. Companies needs to be keen on the proper distribution of the same.
The automobile manufacturers unveiled the alliance during the last week in July among other merger deals and collaborations with the intention to reduce the expense of developing modern vehicles and technologies together. As for the vans the deal below, it could be delivered not earlier than the next year. The companies announced in a press release that VW will start selling the pickup truck in 2022, while an electric car model will become available in 2023.