The head of the Volkswagen Group says the German automaker wants to create a "global automotive alliance" with Ford, confirming plans to further talks that started with a joint statement in June 2018.
According to Automotive News, VW Group CEO Herbert Diess added he "might" use the Blue Oval brand’s production facilities in the United States to “build cars for us”.
“We are in quite advanced negotiations and dialogue with Ford to really build up a global automotive alliance, which also would strengthen the American automotive industry," Diess reportedly said after BMW, Daimler and Volkswagen executives met with the Trump administration at the White House.
"We might use Ford capacity here in the US to build cars for us.”
However, he emphasised that the Wolfsburg-based group had no plans to take an equity stake in Ford.
"We are building an alliance with Ford which will strengthen Ford's position in Europe because we will share platforms.
“We need additional capacity here in the United States; we need an additional car plant for VW and Audi combined,” Diess said.
Diess furthermore revealed the VW Group was looking at measures to increase capacity at its own US factory.
The June statement revealed the two automakers had signed of a memorandum of understanding confirming they were “exploring a strategic alliance designed to strengthen each company’s competitiveness”, with Diess in November confirming he was keen for the next-generation Amarok bakkie to be built on Ford’s Ranger platform.
Ryan has spent most of his career in online media, writing about everything from sport to politics and other forms of crime. But his true passion – reignited by a 1971 Austin Mini Mk3 still tucked lifeless in a dark corner of his garage – is of the automotive variety.