SAN FRANCISCO – Ford Motor Company said it will invest $1 billion during the next five years in Argo AI, an artificial intelligence company based in Pittsburgh with offices in the Bay Area, to develop a virtual driver system for the automaker’s autonomous vehicle coming in 2021 – and for potential license to other companies. […]
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Ford Hires Apple Marketing Executive
DEARBORN, MI – Ford Motor Company has hired Musa Tariq as vice president and chief brand officer, a former retail marketing executive for Apple. Tariq, 34, is elected a Ford Motor Company officer and begins work Jan. 30. Prior to joining Ford, Tariq was Apple’s Global Marketing and Communication director for Retail. In this […]
Ford Names Smart Mobility CEO
Ford Motor Company has named Rajendra “Raj” Rao as chief executive officer of Ford Smart Mobility LLC, Ford’s subsidiary working to design, build, grow and invest in emerging mobility services. Rao will report to Jim Hackett, Ford Smart Mobility LLC chairman, and be based in Palo Alto, CA. “Ford Smart Mobility is a significant growth opportunity […]
Ford Plans to Double Silicon Valley Team
PALO ALTO – Ford said it plans to build a self-driving car in 2021 in a ride-hailing or ride-sharing service. To get there, the company is investing in or collaborating with four startups to enhance its autonomous vehicle development, doubling its Silicon Valley team and more than doubling its Palo Alto campus. “The next […]
Ford Launching Mobility Subsidiary in Palo Alto
Ford Motor Company is launching a new subsidiary, Ford Smart Mobility LLC, that will design, build, grow and invest in emerging mobility technology such as self-driving cars. Jim Hackett, former Steelcase vice chairman and CEO, is leaving his position on the Ford Board of Directors to serve as chairman of the new subsidiary. Ford Smart Mobility LLC is […]