VW and Ford close to deal on self-driving cars, VW says

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VW and Ford close to deal on self-driving cars, VW says
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Volkswagen and Ford are close to reaching a deal on a partnership for developing...

FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo

Volkswagen and the No. 2 U.S. automaker have been in talks for months. The comments on progress are the most definitive from Volkswagen in some time. The possible venture comes as the companies compete for investment and engineering talent with peers as well as technology companies.

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