Ford to expand alliance with Volkswagen to make about 8M commercial vehicles

FAN Editor

(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)

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