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VW, Ford Reach Agreement

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July 9, 2019—Ford and Volkswagen have reached an outline agreement to share electric and autonomous car technologies, extending their alliance beyond a cooperation on commercial vehicles, reported Reuters.

According to sources, VW will share its MEB electric vehicle platform with Ford and Volkswagen's supervisory board is due to discuss the alliance at a meeting on July 11.

A VW spokesman declined to comment on the details of a potential alliance but said that talks with Ford are progressing well.

A Ford spokeswoman said, “Our talks with Volkswagen continue. Discussions have been productive across a number of areas. We’ll share updates as details become more firm.”

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