VW, Apple in joint venture talks

The chief executives of German auto giant Volkswagen and US technology group Apple met in California recently to discuss a joint venture, a VW spokesman confirmed on Thursday.

BERLIN: The chief executives of German auto giant Volkswagen and US technology group Apple met in California recently to discuss a joint venture, a VW spokesman confirmed on Thursday.

He declined to say whether the meeting between VW's Martin Winterkorn and Steve Jobs of Apple was about the launch of an iCar, which German business magazine Capital said would follow in the footsteps of hit Apple products such as the iMac computer, iPod MP3 player and the new iPhone handset.

"It is not about a specific car yet, it is too soon for that," the spokesman said.

Capital said the new product would be a VW compact car outfitted with Apple products in a bid to appeal to younger buyers.
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