FRANKFURT — Volkswagen CFO Frank Witter said the carmaker was open to deeper alliances with outside companies, particularly in the area of autonomous driving, where Googles Waymo is seen to be an industry leader.

"It remains to be seen whether every carmaker develops their own system, or whether you bundle your efforts," Witter said Tuesday in a conference call with journalists.

"We want to have access to a self-driving system and we are speaking with relevant players. It is very expensive to develop and others are already well advanced. Waymo is one of them," Witter said, adding that no final decision had been made.

Witter said sharing the carmakers electric cars platform MEB with Ford was theoretically possible, although the carmaker is currently focused on rolling out the electric vehicle technologies among its own brands.

Source: Autonews

October 30, 2018