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Volkswagen In Discussions to Use Ford Production Plants

Volkswagen is currently in talks with Ford to use the Detroit automaker’s plants to build their own cars in the United States.

The companies announced in June they were discussing a potential partnership. Talks have continued since then and it appears the automakers will likely make a decision about their next steps in early 2019. According to reports, Volkswagen representatives have said they are in need of additional production capacity in the U.S. to produce their name brand and Audi branded vehicles. They currently operate a plant in Chattanooga, Tenn.

The deal would be a strategic partnership and Volkswagen would not acquire equity in Ford. The two had previously discussed other partnerships, including jointly developing autonomous vehicles, co-producing electric cars and sharing manufacturing in various regions.

Posted on December 5, 2018 at 1:34 pm

Categories: News

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