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

　　The Volkswagen ford alliance is the best choice
　　Industry observers say the vw ford alliance is the ideal combination. It has strong operations in Asia, South America and Europe, but lacks profitable full-size pickup trucks. Ford dominates the U.S. market with its highly profitable f-series pickup trucks and suvs.
　　Ivan Drury, a senior analyst at Edmunds, an industry analysis website, said the fact that vw and ford have little product overlap makes the partnership more meaningful.
　　Analysts have repeatedly said the vw/ford Numbers are quite convincing. Here's Gabrielsen's breakdown of their market share in 2017:
　　North America: ford 13.9% market share, Volkswagen 4.5%;
　　South America: Volkswagen 10.6% market share, ford 8.9%;
　　Asia-pacific: Volkswagen 10% market share, ford 3.4%;
　　Europe: 17 percent market share for Volkswagen, 7.5 percent for ford.
　　In terms of commercial vehicles and pickup trucks alone, both ford and Volkswagen have strong business coverage worldwide, and both have best-selling product linkups, such as ford quanshun series, ford Ranger, Volkswagen Transporter, Volkswagen Caddy and Volkswagen Amarok, etc.
　　Total global sales of light commercial vehicles from both sides reached nearly 1.2 million units in 2018. In terms of product scale, this will be the largest light commercial vehicle cooperation in the industry.
　　Global demand for medium-sized pickups and commercial vehicles will continue to grow over the next five years. This alliance will enable the two companies to share the costs of product development while retaining their brand identity, leveraging their respective capacity, enhancing product capabilities and competitiveness, and reducing costs.
　　This article is reproduced from gai shi automobile, organized by pingyang chunde auto parts co., LTD