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Volkswagen to contribute $2.6 billion to Ford's autonomous venture: source

Reuters Friday, 12 July 2019
Carmaker Volkswagen will inject $1 billion in capital and $1.6 billion worth of assets into Ford's self-driving unit, a source close to the matter said on Friday, as the two carmakers deepen a global alliance to share costs.
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Credit: KDKA CBS 2 Pittsburgh - Published < > Embed
News video: Volkswagen To Invest Billions In Pittsburgh's Argo AI

Volkswagen To Invest Billions In Pittsburgh's Argo AI 00:21

Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership.

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