Ford, VW announce multibillion-dollar partnership for self-driving cars and electric cars

Ford and Volkswagen announced Friday a widening partnership between the two automakers and detailed a multibillion-dollar partnership to develop autonomous cars. Ford CEO Jim Hackett and Volkswagen CEO Herbert Diess announced the deal in New York and said VW would invest $2.6 billion in Ford-backed startup Argo AI to develop self-driving cars. The…

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