Keyword
Ford Motor Company
Global demand for new vehicles to increase 1% to 2% in 2017: Fitch
May 4, 2017 by Canadian UnderwriterGlobal demand for new vehicles will increase 1% to 2% in 2017, according to Fitch Ratings’ latest U.S. Automotive Handbook, published on Wednesday. The handbook noted that growth in China, Europe and Brazil will more than offset demand declines in…
Ford investing US$1 billion over five years in AI company to develop virtual driver system
February 13, 2017 by Canadian UnderwriterFord Motor Company has announced it is investing US$1 billion during the next five years in Argo AI, an artificial intelligence company, to develop a virtual driver system for the automaker’s autonomous vehicle coming in 2021 – and for potential…
Self-driving cars go public; Uber offers rides in Pittsburgh
August 19, 2016 Justin Pritchard and Tom Krisher - THE ASSOCIATED PRESSSAN FRANCISCO – The option to hail a ride in a self-driving car, which was science fiction just a few years ago, will soon be available to Uber users in Pittsburgh, the first time the technology has been offered to…
Volvo Cars and Uber join forces to develop autonomous driving cars
August 18, 2016 by Canadian UnderwriterSwedish luxury premium car maker Volvo Cars and ridesharing company Uber have announced that they are joining forces to develop “next generation autonomous driving cars.” The two companies have signed an agreement to establish a joint project that will develop…