Doubt Raised on Ford, VW Pact

Feb. 28, 2019

Despite a report that Volkswagen plans to invest $1.7 billion in Ford’s autonomous vehicle partner, a person close to the negotiations tells the Detroit Free Press that the talks continue with no specific numbers on the horizon.

Feb. 28, 2019—Volkswagen and Ford partnership talks have been made, but with no specific numbers on the horizon, reported The Detroit Free Press.

Recently, it was reported that Volkswagen plans to invest $1.7 billion in Ford’s autonomous vehicle partner. Volkswagen and Ford Motor Co. have been talking since mid-2018 about collaboration, and in January 2019 announced an alliance to build light commercial vehicles and midsize pickup trucks. 

“Both parties are still at the table and will be for months before a deal is reached, if a deal is reached at all,” said a person who is involved with the meetings but not authorized to comment publicly.

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