Hyperdrive
VW Nears Self-Driving Deal With Ford, Exits Aurora Alliance
- Break-up comes as Aurora strikes a deal with Fiat Chrysler
- VW, Ford discuss $4 billion valuation for Ford-backed Argo
This article is for subscribers only.
Volkswagen AG ended a self-driving technology partnership with Silicon Valley startup Aurora Innovation Inc. as it draws closer to a broader collaboration on autonomous cars with Ford Motor Co.
“The activities under our partnership have been concluded,” a VW spokesman said of its alliance with Aurora in a statement Tuesday. The German manufacturer announced the tie-up with Aurora to develop autonomous-car technology at the Consumer Electronics Show in Las Vegas last year to help boost its own activities spearheaded by the Audi premium-car unit.