[Global Network Comprehensive Report] According to US media reports on January 15, at the 2019 Detroit North American Auto Show held recently, Ford Motor Company and Volkswagen Group officially announced that the two sides will form a wide-ranging alliance, mainly for commercial trucks and The pickup truck will cooperate and explore the possibility of cooperation in the field of autonomous vehicles and electric vehicles.
Under the strategic alliance, Ford will be responsible for the development and production of medium-duty pickup trucks and large-size commercial vehicles. Among them, medium-sized pickup trucks are expected to be officially launched in 2022, while commercial vehicles are mainly for the European market. Volkswagen is responsible for the development and production of MPV models. Affected by this news, both Ford and Volkswagen stocks rose slightly.
It is reported that the formation of the alliance does not involve the cross-shareholding of the two companies, the two sides will set up a joint committee, jointly led by Ford CEO Jim Hackett and Volkswagen CEO Herbert Diess to complete the alliance. Management work. Diss said that the formation of the alliance can help the two companies reduce production costs and enhance product competitiveness.
In addition, Ford and Volkswagen have signed a memorandum of understanding to explore cooperation in the areas of autonomous driving, smart mobile travel services and electric vehicles. The two sides are open to future cooperation on more vehicle projects.
Volkswagen said it will invest 800 million US dollars (about 5.4 billion yuan) in the Tennessee expansion plant for the production of electric vehicles, which will create more than 1,000 new jobs.
In response to regional cost issues, Ford said last week that it would lay off large-scale layoffs and possibly shut down European factories. Han Yute said recently that the Ford factory is not expected to lay off staff. In addition, Ford said it will provide more information about the alliance in the coming weeks.
Post time: Jan-17-2019