VW, Ford team up on trucks, eye deals on EVs, self-driving cars

Volkswagen AG and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring joint development of electric and self-driving technology, actions meant to save the automakers billions of dollars. Ford and VW announced their partnership against the backdrop of the Detroit auto show. "It is no secret that our industry is undergoing fundamental change, resulting from widespread electrification, ever stricter emission regulation, digitization, the shift towards autonomous driving, and not least the changing customer preferences," Volkswagen Chief Executive Herbert Diess told reporters and analysts on a conference call.

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