Just recently, the US-based company Argo, which focused on developing self-driving technologies, announced it is shutting down. Some of the firm’s employees are reportedly going to be hired by the two largest investors in Argo, Volkswagen and Ford, and it seems that the bankruptcy doesn’t bother the German manufacturer at all. Despite its $2.6 billion investment into Argo, the Wolfsburg-based manufacturer believes it is on track to launch mainstream autonomous vehicles by the end of the decade.
