The firms hope to collaborate on a array of professional vehicles.
The firms are mentioned to be thinking of a vast spectrum of prospective places, which includes building a assortment of professional vehicles collectively.
“The two firms have sturdy and complementary positions in distinct commercial car or truck segments currently,” said VW Team technique head Thomas Sedran. “To adapt to the hard ecosystem, it is of utmost significance to gain overall flexibility by means of alliances.”
The collaboration will not contain any equity transfer or cross-possession stakes.
VW Team now owns the Scania and Gentleman truck manufacturers. The German automaker has also partnered with US truck maker Navistar.