Ford Autonomous Vehicles: The Spin-Off Company That Will Drop $4 Billion on Autonomous Cars by 2023

Ford is planning to spend $4 billion on developing self-driving cars by 2023, the automaker said Tuesday, in an announcement that also detailed the creation of a new spin-off entity cleverly titled Ford Autonomous Vehicles LLC. It seems like Ford is consolidating all its self-driving ventures and tech under one roof: the new division will “encompass all aspects of its self-driving vehicle business operations,” the automaker announced...continue reading (http://jalopnik.com)