VW and Ford Launch Global Alliance to Build Medium-duty Trucks and Vans
Volkswagen AG and Ford Motor Company recently announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry.
Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans and medium-sized pickups for global markets beginning as early as 2022. The alliance will drive significant scale and efficiencies and enable both companies to share investments in vehicle architectures that deliver distinct capabilities and technologies.
The companies estimate the commercial van and pickup cooperation will yield improved annual pre-tax operating results, starting in 2023.
In addition, Volkswagen and Ford have signed a memorandum of understanding to investigate collaboration on autonomous vehicles, mobility services and electric vehicles and have started to explore opportunities. Both companies also said they were open to considering additional vehicle programs in the future. The teams will continue working through details in the coming months.
“Over time, this alliance will help both companies create value and meet the needs of our customers and society,” Hackett said. “It will not only drive significant efficiencies and help both companies improve their fitness, but also gives us the opportunity to collaborate on shaping the next era of mobility.”
Diess added: “Volkswagen and Ford will harness our collective resources, innovation capabilities and complementary market positions to even better serve millions of customers around the world. At the same time, the alliance will be a cornerstone for our drive to improve competitiveness.”
The alliance, which does not entail cross-ownership between the two companies, will be governed by a joint committee. This committee will be led by Hackett and Diess and will include senior executives from both companies.
Commercial van and pickup collaboration
Ford and Volkswagen both have strong commercial van and pickup businesses around the globe, with popular nameplates such as the Ford Transit family and Ranger as well as the Volkswagen Transporter, Caddy and Amarok.
The companies’ collective light commercial vehicle volumes from 2018 totaled approximately 1.2 million units globally, which could represent the industry’s highest-volume collaboration as production scales.
Demand for both medium pickups and commercial vans is expected to grow globally in the next five years. The alliance will enable the companies to share development costs, leverage their respective manufacturing capacity, boost the capability and competitiveness of their vehicles and deliver cost efficiencies, while maintaining distinct brand characteristics.
Through the alliance, Ford will engineer and build medium-sized pickups for both companies which are expected to go to market as early as 2022. For both parties, Ford intends to engineer and build larger commercial vans for European customers, and Volkswagen intends to develop and build a city van.
- JAC and VW's Seat Join Forces to Develop EV Platform in China 2018-11-30
- IAA 2018: VW Unveils Hydrogen-powered Crafter HyMotion Van Concept 2018-09-27
- VW's Traton Announces JV for Electrified Trucks with Hino 2018-09-25
- VW Truck & Bus Enters Cooperation with Hino Motors 2018-04-18
- VW Partners with JAC to Form Light Commercial Vehicles JV 2017-11-30
- VW Wants to Fill the Roads with Electric Trucks and Buses 2017-10-20
- VW Teams Up with Navistar to Introduce Medium-Duty Electric Truck in 2019 2017-09-30
- VW Truck and Bus Expect Profit Up to Strong Sales in China and Europe 2017-03-24
- 317,000 VW commercial vehicles sold Jan to July 2012-08-29
- Sales of VW commercial vehicles up 10% in Jan. 2012-02-16
Submit Your Requirements, We Are Always At Your Service.
- China's Heavy Truck Makers Continue to See Strong Sales in January
- In-Driving Tech Puts Two Self-driving Trucks into Operation in Shanghai
- Tesla and Frito-Lay to Launch Near Zero Emissions Distribution Facility
- 2019 Discovery&Trust-Truck Owners Survey & Appraisal Awards Ceremony to Kick Off
- China to Replace 1 Million Outdated Diesel Trucks with Cleaner Ones by 2020
- Tusimple to Bring Autonomous Truck Total to 40 by June 2019
- XCMG Overseas Dealers' Appreciation Banquet Held at Shanghai, China
- XCMG Announces Partnership with Bahrain's Motorcity
- JAC and VW's Seat Join Forces to Develop EV Platform in China
- Volvo's Driverless Trucks Begin Working at a mine in Norway
C&C Trucks Co., Ltd.
C&C Trucks Co , Ltd (C&C Trucks), located in Sanshan Economic Development Zone, Wuhu, Anhui Province, a holding company under China International Marine Containers (Group) Co , Ltd (CIMC), is a large heavy truck enterprise integrating the research and development, production
- JAC Light Trucks Sold 24,000 Units in January
- China Sold 34,000 Units Electric Trucks in 2018
- China Sold 3.8856 Million Units Trucks in 2018
- GAC Hino Heavy-duty Truck Sales Grew 140% in 2018
- China Heavy-duty Truck Sales Volume Reached 80,000 Units in December
- China Sold 399,000 Units Tractors from January to November in 2018
- China Sold 326,300 Units Trucks in November
- Jiefang Sales Volume Reached 24,579 Units in November
- SAIC Hongyan Sales Volume Reached 54,227 Units from January to November
- Top Ten Heavy-duty Truck Makers in November 2018