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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 co....

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 o....

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

The Volkswagen ford alliance is the best choiceIndustry 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....