VW May Use Ford Plants For Manufacturing
There have been rumors circulating that Ford Motor Co. may be closing plants and laying off employees due to drastically cutting back the number of vehicle models it will produce in America. However, Volkswagen may not let those plants go to waste. There is a discussion between the two automakers that Volkswagen may produce its vehicle in empty US Ford plants. Currently, VW only has 1 plant in the US in Chattanooga, TN but is looking to expand. The automakers are in negotiations to build a global automotive alliance which could strengthen Ford’s presence in Europe and VW’s in America. VW would not take an equity stake in Ford. What are your thoughts?