Pingyang chunde auto parts co. LTD:The world's largest light commercial vehicle alliance was born(I)

  January 15, chief executive of ford motor company Korea Kate (Jim Hackett) and Volkswagen group chief executive of the tees (Dr. Herbert Diess) held a telephone news conference, the two sides announced that it will form a business a wide range of strategic alliance, focused on commercial vans and pickup the cooperation of production, and said the two sides are exploring expand the electric and the joint development of self-driving technology, designed to help both sides to save billions of dollars in cost.
  Ford and Volkswagen said they would launch as early as 2022 their jointly developed commercial vehicle models and mid-size pickup trucks for the global market, with mid-size pickup trucks based on ford Ranger and large trucks based on ford Transit Custom models. Vw plans to develop and produce an urban van for both. The partnership in commercial vehicles and pick-up trucks is expected to generate pre-tax profit growth from 2023.
  In addition, ford and Volkswagen have signed a memorandum of understanding to explore cooperation in autonomous driving, smart mobility services and electric vehicles, and have begun exploring potential cooperation opportunities. The two sides expressed openness to future cooperation on more vehicle projects. The two teams will continue to discuss the details of the cooperation in the coming months.
  This article is reproduced from gai shi automobile, organized by pingyang chunde auto parts co., LTD