Apple and Volkswagen AG to develop iCar?

American technology group Apple and German automaker Volkswagen AG had arranged a meeting to discuss a joint venture, which may apparently be that of producing an iCar.

Apple and Volkswagen AG logo and iPod

Apple, CEO Steve Jobs and Martin Winterkorn, chief executive for German automaker Volkswagen AG are planning to outline a car that would integrate Apple’s technology.

Hans-Gerd Bode, a spokesman for VW, confirmed about the meeting but denied to confirm whether the meeting was about the iCar launch. However, as of now we can call it a speculation. “It’s not about a specific car – it is too soon for that. There are ”scores of ideas,” but few concrete plans at this point,” the spokesman said.

German business magazine Capital said that the latest device would be a Volkswagen’s compact car mounted with Apple products to appeal to younger consumers.

Apart from Apple, VW has been working with Google for an in-car navigation system based on Google maps. The company has also shown interest in embedding ultra-mobile PCs inside the car.

Besides, Apple has also been working with major automakers such as BMW, Audi, Ford, Mazda, and Ferrari to integrate optional iPod connectors into vehicles.