The Inquisitr - Tech
U.S. President Donald Trump’s trade war with some of the country’s biggest importers and exporters is wreaking havoc in a number of industries. One of those is the car industry, with the president repeatedly saying “we’re going to tax all those wonderful BMWs.”
With the increased tax being placed on imported cars coming into the United States, Volkswagen has seemingly come up with a plan to not be so drastically affected by the increase in tax, according to a report by Bloomberg. The German car company, which owns a number of other car brands including the likes of Audi, Lamborghini, and Porsche, has just announced a partnership with Ford.
Although it is not a full merger, the partnership will see the two companies joining forces when it comes to their production of pickup trucks and commercial fans. They have also spoken about the possibility of future collaborations with regards to
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