Self-driving cars will only last four years, Ford says

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Self-driving cars will only last four years because they will be used so much, a Ford executive has predicted.

John Rich, operations chief of Ford Autonomous Vehicles, dismissed concerns that demand for cars would wane in the future.

“The thing that worries me least in this world is decreasing demand for cars. We will exhaust and crush a car every four years in this business,” he told The Telegraph.

The Detroit-headquartered car maker plans to establish an autonomous fleet which will be used as a service by other companies, to be used as delivery vehicles or to transport employees.

Continue reading… “Self-driving cars will only last four years, Ford says”

Ford CEO says the company ‘overestimated’ self-driving cars

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Ford thinks there will be limits on what first self-driving cars can do.

Ford CEO Jim Hackett scaled back hopes about the company’s plans for self-driving cars this week, admitting that the first vehicles will have limits. “We overestimated the arrival of autonomous vehicles,” said Hackett, who once headed the company’s autonomous vehicle division, at a Detroit Economic Club event on Tuesday. While Ford still plans on launching its self-driving car fleet in 2021, Hackett added that “its applications will be narrow, what we call geo-fenced, because the problem is so complex.”

Continue reading… “Ford CEO says the company ‘overestimated’ self-driving cars”

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