What led to the recent Ford-Volkswagen alliance?

By | 2019-01-18T07:54:47+00:00 January 18th, 2019|Categories: Advanced Transportation|Tags: , , |

On January 15th 2019, Dr Herbert Diess (CEO of Volkswagen AG) and Jim Hackett (CEO of Ford Motor Corp) declared via a Press Release that the two companies have officially signed a Memorandum of Understanding (MoU) that will work towards the joint development of commercial vans and medium-sized trucks that operate on innovative technologies, with mass [...]