Ford and Volkswagen to announce alliance as tech reshapes industry

Car companies seek to reduce costs amid slowing sales, with announcement expected at Detroit auto show on Tuesday

Ford and Volkswagen are expected to announce an alliance on Tuesday as the two car companies look to cut the cost of the technological revolution now shaking the industry and deal with slowing sales.

The announcement is expected at the Detroit auto show and comes after Ford and VW signed a memorandum of understanding last June to explore several joint projects, including the development of a range of commercial vehicles.

Related: Carmakers gather for last winter in Detroit as auto show switches to June

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