Ford, VW set to announce partnership

FORD and Volkswagen are preparing to announce a strategic partnership, including in areas such as self-driving and electric autos, a person with knowledge of the matter said on Wednesday.

The announcement could come on Tuesday during this year’s Detroit auto show, the person said.

The organisers of the auto showcase have set aside a time slot on the main stage that day between 8:30 and 9:30 am local time (1330 to 1430 GMT) for an industry announcement but have given no further details.

The two automakers have been in talks for a partnership since the summer but have said little about the form it might take.

Volkswagen has made no secret of its interest in Ford’s utility vehicles but the person speaking to AFP on Wednesday said the partnership also would involve self-driving and electric autos.

“Our memorandum of understanding with VW covers conversations about potential collaborations across a number of areas,” Ford spokeswoman Jennifer Flake said.

“It is premature to share additional details at this time. We look forward to sharing an update soon.”