VW And Ford “Fit Together Really Well”, According To Bill Ford

Talks about a partnership between VW and Ford are still ongoing, yet Bill Ford, executive chairman of the US car maker, said that they are making good progress.

According to Bloomberg, the possibility of a deeper partnership that involves EVs and autonomous technologies is far from dead, as was previously reported.

“We fit together geographically really well, product line-wise, we fit together well,” Bill Ford said at the CERAWeek energy conference in Houston. “We both came to the same realization that as big as our balance sheets are, no company can do this alone.”

He added that there’s been promising progress made in extending the partnership between the two automotive giants, which so far includes the joint production of commercial vehicles. Citing people familiar with the negotiations, the report states that the two companies have already established the framework for VW to invest in Ford’s autonomous driving partner Argo AI.

In addition, VW’s CEO Herbert Diess said that they are in “very good talks” with Ford, as far as including autonomous vehicles into their existing partnership. Diess added that the Blue Oval is actively considering using their EV-specific MEB platform.

“The supertanker is picking up speed,” Diess said during VW’s annual press conference. “We are aligning Volkswagen with e-mobility like no other company in our industry.”

If a deal is eventually finalized, it could help in preparing Ford for a future where EVs and autonomous cars will in solving problems like urban traffic and pollution, Ford’s executive chairman said.

“I’d like Ford to be around another 100 years, and if that’s going to happen, it’s clear that we really have to branch off into new directions to try to solve some of these problems,” Bill Ford said. “It’s hard because our current business model is providing all the earnings and cash flow that fund a lot of this change. So we have to do both really well. If we don’t make great cars and trucks today that people want, guess what? There is no tomorrow.”

  • Bash

    Nothing personal, but that is just what we call a TMT. Typical Management Talks

  • JBsC6

    Nice fit ..higher potiential profits for the future including vw s even bigger move on electric vehicles,

  • Anders Gustav

    This cant be good in the long term for the consumer. Mergers between the big companies is the way toward monopolies..

  • MarketAndChurch

    It’s like they’re slowly preparing the public for an eventual merger. I don’t think I’d ever buy another Ford product if VW took over the blue oval.

  • Enter Ranting

    VW is poison.

Sterckenn Gives The BMW M5 And M2 Some Subtle Visual Tweaks

A number of carbon fiber add-ons, such as a front splitter and rear diffuser, make the two M cars a little more aggressive.

Skoda Kamiq Subcompact SUV Could Be The Segment’s New Champion

Despite being Skoda’s first entry into a very hot niche, the Kamiq establishes itself as a top runner.

Lotus Evija Is Off To An Outstanding Start, Gets Double-Digit Orders

Lotus has almost sold out the entire allocation of the Evija in the United States before the hypercar even hits the assembly line.

New-Gen Mercedes-Benz Citan Confirmed, Wil Get An Electric Version

The next Citan will continue to be made in partnership with Renault-Nissan but will, once again, get some mods to identify it as a Merc.

Toyota Updates Concept-i, e-Palette Autonomous EVs For 2020 Tokyo Olympics

Toyota will supply 3,700 vehicles, 90 percent of which will be electrified, for the 2020 Olympic and Paralympic Games.

Honda’s Innovative Airbag Promises Increased Front Passenger Safety

Thanks to its design, the new airbag offers better protection in the event of an angled frontal collision.

Supercharged Huracan Performante Demonstrates What She’ll Do In A Straight Line

This lightly modified Huracan Performante crossed the half-mile line at 168 mph which, in our books, is pretty fast.

Nissan 370Z 50th Anniversary Edition Arrives In Australia Priced At AUD $53,490

While the 370Z is starting to show its age, Nissan has made it a bit more appealing with this special edition.

Production-Spec Toyota Tj Cruiser To Debut In Japan In October?

A report from Japan claims the new crossover will be unveiled on home soil at the upcoming Tokyo Motor Show.

Hennessey’s Supercharged V8 VelociRaptor Shows There’s No Replacement For Displacement

Hennessey’s F-150 VelociRaptor uses a 5.0-liter supercharged V8 that pumps out 758 HP.