Argo AI, the self-driving startup backed by Ford Motor and Volkswagen Group, is considering going public as soon as this year, according to people familiar with its plans.
Automakers
Self-driving startup Argo AI, backed by VW and Ford, may go public to boost funding, report says
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By:
Bloomberg
April 03, 2021 12:42 PM
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Suppliers hope automakers put volume ahead of profit as they manage tariff costs
Parts makers, dependent on vehicle production volume, hope automakers absorb tariff costs and pursue market share instead of raising prices and reducing output.
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