Ford and Volkswagen in talks about strategic alliance

Carmakers Ford and Volkswagen have begun to explore a strategic alliance to strengthen both companies' competitiveness and develop a range of commercial vehicles. In a joint statement late Tuesday, VW and Ford said they were "investigating several joint projects." This new relationship would not involve any share swaps or cross-ownership deals but would develop a range of new commercial vehicles including vans to cut the costs of the new environment friendly technology. Ford chief executive ...

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