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BREAKING NEWS

Volkswagen says it might use Ford manufacturing capacity in U.S

Volkswagen says it might use Ford manufacturing capacity in U.S
FILE PHOTO: Volkswagen logos during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo -
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Paulo Whitaker(Reuters)
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WASHINGTON (Reuters) - Volkswagen's <VOWG_p.DE> chief executive said on Tuesday after a meeting at the White House that the German automaker was building an alliance with Ford Motor Co <F.N> and that they might use the U.S. automaker's plants to build cars.

VW CEO Herbert Diess said the company was also "considering building a second car plant," adding, "We are in quite advanced negotiations and dialog with Ford Corporation to really build up a global automotive alliance, which also would strengthen the American automotive industry."

(Reporting by Chris Sanders; Editing by Leslie Adler)

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