VW, Ford could announce partnership next month
The partnership will reportedly cover autonomous tech.
Volkswagen could cement a wide-reaching partnership with Ford by the end of next month, a new report finds. VW is scheduled to vote on the proposed tie-up at its July 11 board meeting.
In January VW announced it had struck a tentative agreement with Ford to jointly produce commercial trucks and vans; inside sources say that measure will get top billing at the July meeting, and is expected to pass.
Those in-the-know told Bloomberg that VW's board is also considering voting to extend its pact with Ford to include electric and autonomous vehicles. Such a partnership has been rumored, but timing has not been previously disclosed.
It's believed that a tech tie-up would see VW offering its electric vehicle architecture to Ford while Ford, via its autonomous affiliate Argo AI, would give VW access to its self-driving technology.
Look for official word to come down sometime after the July 11 meeting.