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

　　Notably, the partnership will not involve a merger or cross-shareholdings. A joint committee will be set up to manage the alliance. The management committee is jointly led by Dr Hackett and Dr Diss and consists of senior management from both companies.
　　Reuters said the expansion of vw's alliance with ford meant that carmakers were under increasing pressure to control not only the development costs of electric and self-driving vehicles, but also the technology needed to bring millions of internal-combustion models into line with increasingly stringent emissions regulations.
　　Ford CEO Kate said in a statement, "over time, the alliance will help the company to create more value, to better meet the needs of our customers and society, the alliance will not only help to raise the efficiency, strengthening business operations, but also provide the opportunity for us and work together to change the future of the intelligent mobile travel times."
　　"Volkswagen and ford will use their Shared resources, innovative capabilities, and complementary market positioning to better serve millions of consumers around the world," vw CEO Martin deese said in a statement. At the same time, improving competitiveness is our common goal, and the new strategic alliance has laid the foundation for achieving this goal.
　　This article is reproduced from gai shi automobile, organized by pingyang chunde auto parts co., LTD