Ford and VW Explore Collaboration. Period.
When Volvo announced in 2017 that it would electrify all of its vehicles by 2019, many people thought that this meant that it would be eliminating all of the internal combustion engines that it has on offer and from 2019 it would be all electric vehicles, all the time.
It didn’t. Volvo meant that it was electrifying its lineup. As in hybridizing across the board. As in offering some fully electric vehicles. But that was widely missed.
Today Ford and Volkswagen have announced that they are “exploring a strategic alliance.” That they are looking at ways they might do things like develop commercial vehicles for global markets. That they are determining how they might be able to strengthen their respective positions.
But here’s the important part of this: “VW and Ford said any strategic alliance would not involve equity arrangements, including cross-ownership stakes.”
Ford is not buying Volkswagen. Volkswagen is not buying Ford.
They are not getting stakes in one another.
They are not merging.
They are looking at ways they can work together.
A point that may be missed.
They have signed a Memorandum of Understanding regarding working together on various programs, projects and areas.
But they are still just talking at this point. Still exploring.
No big headlines here. Not yet. Perhaps not ever.
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