Ford is shaking up its design staff to shorten product development cycles and better define the group's overarching strategy with the formation of two key staffs: one covering cars and crossovers, and another handling trucks, SUVs and commercial vehicles.
Former GM and Toyota executive Alain Visser has been tasked with building Lynk & CO from scratch. The new brand intends to focus on connectivity and sharing as core features, Visser told Automotive News Europe.
Volvo will take a stake in sibling brand Lynk & CO, which will rely heavily on Volvo as it prepares to start European and U.S. sales. Volvo also will set up a joint venture with its Chinese parent, Zhejiang Geely Holding, to help speed up the development of new electrified vehicles.