We already knew that Volkswagen is partnering with Ford on commercial vehicles. We also found out there’s a chance VW will make cars for Ford in Europe and Ford will make a Ranger-based pickup for VW. Now, the CEO of VW says his company may use Ford’s factories in the U.S. to build cars.
“We are building an alliance with Ford which will strengthen Ford’s position in Europe because we will share platforms,” VW CEO Herbert Diess told reporters in Washington, D.C. “We might use Ford capacity here in the U.S. to build cars for us.”
VW could also build a second car plant, Diess said. According to the CEO, the German automaker is in “quite advanced negotiations in Tennessee but there might be other options as well.”
Expect more news on the alliance in January. Whatever the automakers cook up, it will not involve VW taking an equity stake in Ford, Diess confirmed.
Diess made the comments after a meeting at the White House to talk about trade. There, President Donald Trump discussed “his vision of all automakers producing in the United States and creating a more friendly business environment,” according to White House spokeswoman Lindsay Walters. Also at the meeting was Daimler boss Dieter Zetsche as well as BMW Chief Financial Officer Nicolas Peter.