Live Markets »News & Advice»Market News»Market News Details
Market News Details

Ford- Volkswagen alliance seen amping up pressure on other automakers

Bloomberg/New Delhi 12 Jul 19 | 12:18 AM

The soon-to-expand alliance between Ford Motor and Volkswagen AG has the potential to transform the global auto industry and increase pressure on other manufacturers developing electric and self-driving cars, analysts said.

By potentially licensing its electric-vehicle (EV) platform to Ford, VW could guarantee some profit from EVs next year and gain “an unassailable scale advantage in the market," said Angus Tweedie, a Citigroup analyst. In return, Credit Suisse analysts said VW may provide “crucial public validation" for Ford’s autonomous-vehicle business, including partner Argo AI.

Related Stories

    No Related Stories Found
Widgets Magazine

Ford and VW have scheduled a press conference for 8 am on Friday in New York to update investors on the alliance they first formalised in January. The two are expected to extend existing cooperation on commercial vehicles and mid-size trucks to also include joint work on self-driving and electric-car technology, sources said. 

Widgets Magazine


Company Price Gain (%)
Kotak Mah. Bank1,534.402.12
HCL Technologies1,037.201.69
Yes Bank105.601.64
Asian Paints1,388.001.17
IndusInd Bank1,485.000.79


Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine