(Reuters) – Ford Motor Co said on Wednesday it would expand its alliance with Volkswagen AG to produce up to 8 million commercial vehicles.
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The No. 2 U.S. automaker also said it would build a new electric vehicle for Europe and, starting 2023, it could deliver more than 600,000 units.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
F | FORD MOTOR COMPANY | 7.24 | -0.29 | -3.85% |
VWAPY | VOLKSWAGEN AG | 16.35 | -0.73 | -4.27% |
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(Reporting by Sanjana Shivdas in Bengaluru; Editing by Vinay Dwivedi)