Ford and Volkswagen May Join Forces On Electric and Autonomous Cars: Report

Ford and Volkswagen May Join Forces On Electric and Autonomous Cars: Report

Serious VW/Ford fans will understand the choice of the car in this graphic. Illustration by Jason Torchinsky/JalopnikThe Morning ShiftAll your daily car news in one convenient place. Isn't your time more important?   The relationship between Ford and VW may be getting serious, recalls at Jeep and Toyota, GM continues cost cutting, and a look at industry-wide October sales figures, in The Morning Shift for Friday, Nov. 2, 2018.
1st Gear: Ford and Volkswagen May Join Forces On Electric and Autonomous CarsLast week, we cited a Bloomberg story quoting Ford’s chief financial officer, Bob Shanks, as saying: “We have a history with VW. We get along with them. And if you look at the strengths and weaknesses of each of us, we match up really, really well.”Now a new report from German newspaper Handelsblatt digs in deeper, alleging that Ford and VW are working on a “wide-ranging partnership that stands to change the German industry.” All of this is to say that Ford and VW may be working on something, especially since Ford is having trouble in the strong VW footholds of Europe and South America.More specifically, Handelsblatt story states that Ford and VW plan to join forces on EV and AV ....

From the article:One consideration is for VW’s Moia subsidiary to take a 50 percent stake in Ford’s Autonomous Vehicles LLC, the unit focused on self-driving technology. VW, for its part, could share its modular electrical vehicle platform with Ford.
AdvertisementIt goes on:The partnership will embrace combustion technology as well, with VW drawing on Ford’s expertise with its ubiquitous pickup trucks. VW will also buy Ford’s efficient engines, enabling the German carmaker to massively reduce its investment in this legacy technology.After all, VW is trying to leave the Dieselgate catastrophe behind and marshal its considerable resources to face the future.
AdvertisementAccording to Handelsblatt, the idea of the partnership came about as a way to share costs needed to develop technology for the upcoming “new era of the automobile, ” with insiders telling the newspaper that VW’s 34 billion euro estimate for new technology expenditures had the company seeking a partner.Volkswagen’s supervisory board is expected to hash out next steps on a partnership with Ford at a meeting on November 16. 2nd Gear: GM Stops Facility Renovations in Latest Cost-Cutting Move:GM has been on a cost-cutting spree for many months now, selling off its Opel brand, restructuring its Korea operations, and planning buyouts ....

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