Ford and Volkswagen ‘close’ to deal on electric and autonomous cars | Smart Highways Magazine: Industry News

Ford and Volkswagen ‘close’ to deal on electric and autonomous cars

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Volkswagen and Ford are said to be close to reaching a deal on a partnership for developing self-driving and electric cars.

Both automakers have been in talks about extending their alliance to include autonomous driving and mobility services.

Reuters reports that Volkswagen chief executive Herbert Diess told some 500 of the company’s top managers from around the world gathered at its headquarters in the German town of Wolfsburg, that the talks are ‘going well and are nearly complete.’

Ford told Reuters that talks were continuing and that it would share updates when details became firm.

 
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