Volkswagen ready to invest $1.7 billion in Ford’s self-driving unit Argo AI
Volkswagen AG is looking to invest around $1.7 billion in a self-driving car venture with Argo AI, the self-driving arm of Ford Motor Company, according to people familiar with the matter the WSJ reports. Ford and Volkswagen have been in talks since last June, hashing out details to partner together on self-driving car technology.