It is an alliance of giants: Volkswagen and Ford announced that they would build commercial vans and medium-sized pickup trucks together as early as 2022, and that they had agreed to look into extending their collaboration to include autonomous driving, electric drives and mobility services.
For example, while VW will work on a light delivery van for urban environments (or “city van”) for both companies, Ford will design and build larger vans and medium-sized pickups.
The results of the German-American alliance, which aims to help the carmakers reduce costs in development and manufacturing, will be marketed under separate brands.
“It will not only drive significant efficiencies and help both companies improve their fitness, but also gives us the opportunity to collaborate on shaping the next era of mobility,” Ford CEO Jim Hackett said in a joint statement.
Together, the two companies expect the collaboration to result in annual savings of some USD 950 million beginning in 2023.