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Jefferies Remains Bullish as Ford Motor (F) Announces Launch of Driverless Vehicle by 2021

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Ford Targets Fully Autonomous Vehicle for Ride Sharing in 2021; Invests in New Tech Companies, Doubles Silicon Valley Team

August 16, 2016 2:00 PM EDT

Ford announces intention to deliver high-volume, fully autonomous vehicle for ride sharing in 2021 Ford investing in or collaborating with four startups on autonomous vehicle development Company also doubling Silicon Valley team and more than doubling Palo Alto campus

PALO ALTO, Calif.--(BUSINESS WIRE)-- Ford today announces its intent to have a high-volume, fully autonomous SAE level 4-capable vehicle in commercial operation in 2021 in a ride-hailing or ride-sharing service.

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Velodyne LiDAR Gears Up for the Autonomous Revolution with Investments from Ford and Baidu

August 16, 2016 7:55 AM EDT

In a Powerful Effort Aspiring to Save Lives

MORGAN HILL, Calif.--(BUSINESS WIRE)-- Velodyne LiDAR, Inc., the recognized global leader in Light, Detection and Ranging, or LiDAR technology, today announced the completion of a combined $150 million investment from co-investors Ford Motor Company [NYSE:F] (Ford) and Chinas leading search engine company Baidu, Inc. [Nasdaq:BIDU] (Baidu). The investment will allow Velodyne to rapidly expand the design and production of high performance, cost effective automotive LiDAR sensors, accelerating mass adoption in autonomous vehicle and ADAS applications and therefore accelerating the critical, transformative benefits they... More

Consumers Can Test Drive All-New 2017 Ford Super Duty at Tour Stops in Cities Across the United States

August 15, 2016 11:30 AM EDT

Drive the Future of Tough tour offers an early opportunity to test drive the toughest, smartest, most capable Super Duty ever 29-city tour continues through Nov. 13, with each site offering vehicle drives, interactive displays and towing demonstrations; product experts are on hand to answer questions on all-new Super Dutys 17 class-exclusive smart new features Consumers can enter for a chance to win an all-new 2017 Ford F-Series Super Duty

DEARBORN, Mich.--(BUSINESS WIRE)-- Ford, Americas truck leader, is offering consumers across the United States... More