VW, Ford and a potential EV, driverless partnership

Volkswagen AG and Ford Motor Company appear to be moving ahead with plans to partner on electric and driverless cars, amid COVID-19. “The deal is expected to close by the end of next month, with both sides recognizing a need to share the large investments needed to develop battery-powered and autonomous cars,” according to the Detroit Free Press. The negotiations are being done behind closed doors, thought VW did say the discussions were progressing well with Ford. (Source: Detroit Free Press) Read the original article…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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