The global automotive industry is witnessing one of the biggest moves right now. Volkswagen and Ford have announced that they are forming an alliance and that the companies would be manufacturing pickup trucks and vans to start with. In addition to these, Ford and Volkswagen would be experimenting in the sector for electric vehicles as well, along with a few mobility ventures for the coming years.
There were rumors about such an alliance for over a year but now, everything has been confirmed. It should be noted that the Ford-Volkswagen alliance is difference from the Nissan-Mitsubishi-Renault alliance. In the latter, there is a chance of ownership, but neither Ford nor Volkswagen is owning each other in the process. Instead, a joint committee would be formed to oversee how the alliance proceeds further.
This joint committee would have representatives from both the companies, overseeing how decisions are taken, also observing the progress. As far as the plans are concerned, the alliance wants to launch its pickup trucks and vans by the end of 2022. While the pickup truck would be a combined effort, a transit van and city van would be made by Ford and Volkswagen respectively.
”It’s my opinion that you can’t do this alone. We believe the fundamental shift is healthy, as it allows automakers to focus on their respective strengths and participate in developing these new mobility solutions, yet at the same time for our customers, offer many competitive options that they didn’t think they might get from automotive companies,” Ford CEO was quoted saying in a press conference.
It should be noted that the alliance has not revealed details about electric and self-driving vehicle projects. However, it’s very likely that the companies would be doing something, since almost every motor alliance is working on EVs.