Ford creates new self-driving vehicle unit

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Reuters
Last Updated : Jul 24 2018 | 9:06 PM IST

(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)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 24 2018 | 8:57 PM IST

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