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Volkswagen says talks on cooperation with Ford progressing

Volkswagen says talks on cooperation with Ford progressing
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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FRANKFURT (Reuters) – Volkswagen’s <VOWG_p.DE> talks with Ford on the two companies cooperating are progressing, though a few details still need to be worked out, the German carmaker said on Friday.

“The talks with Ford are on the right track. There are still a few open points, as always in the final stages of negotiations, but they will also be clarified shortly,” Volkswagen said in an emailed statement.

(The story corrects attribution of quote to Volkswagen, not Ford)

(Reporting by Tom Sims and Jan Schwartz; Editing by Kirsten Donovan)

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