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VW to invest $2.6B in Ford's self-driving car business

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Volkswagen AG plans to invest $2.6 billion into Ford Motor Co.'s self-driving car unit.

The deal values the division, called Argo AI, at $7 billion.

Through the deal, Argo will develop self-driving car technology for Volkswagen while continuing its work for Ford.

Read more from The Wall Street Journal.

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