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Ford CEO open to investors in autonomous vehicles but cautious on VW

November 15, 2018

Via: Reuters

Volkswagen’s supervisory board is scheduled to meet on Thursday to review a 10-year strategic plan by Chief Executive Herbert Diess that is expected to propose using alliances with rivals to cut development costs for electric and autonomous vehicles and potentially other types of vehicles.

Ford and VW have acknowledged that they are in discussions.

Hackett said on Wednesday a previously announced partnership to share development of future light commercial vehicles was “going better than we thought it would.”

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