Volkswagen CEO Herbert Diess tells Automotive News that the Chattanooga plant could grow, or VW could build another plant to expand North American capacity for EVs and perhaps a pickup. He also says talks with Ford could involve licensing VW's MEB electric architecture, or using the Ford Ranger to replace the VW Amarok.
Volkswagen AG CEO Herbert Diess will outline a 10-year plan on Nov. 16 to slash research costs by working with rivals, a step which would sideline Audi as the group's leading development center, Reuters reported.
Volkswagen and Ford are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, Reuters reported, citing a person familiar with the matter.
Volkswagen CFO Frank Witter said the carmaker was open to deeper alliances with outside companies, particularly in the area of autonomous driving, where Google's Waymo is seen to be an industry leader.