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VW and Ford mull alliance to develop and make transporter vans - sources

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VW and Ford mull alliance to develop and make transporter vans - sources

VW and Ford mull alliance to develop and make transporter vans - sources
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FRANKFURT (Reuters) - Volkswagen <VOWG_p.DE> and Ford <F.N> are in preliminary talks over a development and production alliance for commercial transporter vans, two sources familiar with the matter said on Tuesday.

An announcement could come as soon as Tuesday after Volkswagen's <VOWG_p.DE> supervisory board gave its managers a green light to strike a deal with U.S.-based Ford, two Germany-based sources said.

The goal is a partnership to share development and production costs, the sources said. Some preliminary talks have already been held, one of them said.

Volkswagen declined to comment on a possible alliance with Ford, but said: "As a leading automotive producer we consider various joint ventures with other companies across the globe."

Ford in Europe had no immediate comment.

(Reporting by Jan Schwartz; Writing by Edward Taylor; Editing by Douglas Busvine and Sabine Wollrab)

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