MAKUHARI, Chiba Pref. -- The fate of Nedcar, the Netherlands-based joint venture between Volvo Car Corp. and Mitsubishi Motors Corp., became clearer Wednesday as Ford Motor Co.'s chief executive officer indicated Mitsubishi's platforms may be dropped.
Jacques Nasser, who took the helm of the world's No. 2 automaker earlier this year, told reporters at an informal meeting that there are three points to the Nedcar joint venture -- the relationship between Volvo and MMC, manufacturing and platform-sharing.
"There are three different aspects of one overall cooperation. It could be very well the business relationship continues and the manufacturing relationship continues because the Nedcar is manufacturing facilities. And maybe the platform cooperation is different," Nasser said.