Ford creates new self-driving vehicle unit

July 24, 2018

(Reuters) – Ford Motor Co said on Tuesday it created a new unit called Ford Autonomous Vehicles LLC as it looks to accelerate its autonomous vehicle business.

The No. 2 U.S. automaker said it would invest $4 billion through 2023 to develop autonomous vehicles.

(Reporting by Arunima Banerjee in Bengaluru; Editing by Supriya Kurane)

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July 24, 2018 at 08:50PM
from One America News Network