VW, Ford team up to make autonomous, electric vehicles

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Sun, 2019-07-14 01:31

NEW YORK: Ford Motor Co. and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs while positioning VW as the initial winner.
How soon those investments will pay for themselves is an open question across the global auto industry.

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