Edition:
United States

Volkswagen CEO: Talks on Cooperation With Ford Almost Complete


Thursday, 13 Jun 2019 04:34am EDT 

June 13 (Reuters) - Volskwagen CEO Herbert Diess in a speech delivered to senior managers: :CEO SAYS COOPERATION TALKS WITH FORD <<>> ON ELECTRIC CAR PLATFORM AND AUTONOMOUS DRIVING ARE ALMOST FINISHED .CEO SAYS WITHOUT A STRONG PRESENCE IN THE U.S., WE RISK GETTING INTO A DESPERATE SITUATION IN GLOBAL TRADE CONFLICTS.CEO SAYS PARTNERSHIP WITH FORD IS OF KEY STRATEGIC IMPORTANCE.CEO SAYS WE ARE WORKING HARD ON PREPARING IPO OF TRATON, WANT TO COMPLETE IT BEFORE SUMMER BREAK IF MARKET ENVIRONMENT REMAINS STABLE.CEO SAYS VW SHARE PRICE IS STILL TOO LOW, WE NEED TO CHANGE THAT.CEO SAYS OPERATIVE PERFORMANCE IS AT THE TOP END OF RANGE WE SET FOR 2025.