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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	11/1/2018 6:51:26 AM
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VW and Ford in talks on self-driving and electric vehicles: source Volkswagen AG ( VOWG_p.DE) and Ford Motor Co ( F.N) 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, according to a person familiar with the matter. The German and U.S. automakers are expected to provide an update on the progress of the talks before year end, said the person, who asked not to be identified. Spokesmen for both automakers would only reiterate what they have said before about the companies collaborating on the development of commercial vehicles. “Our (memorandum of understanding) with VW covers conversations about potential collaborations across a number of areas. It is premature to share additional details at this time,” Ford spokesman Alan Hall said in an email. *Read More - Reuters*

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