(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.
FILE PHOTO: The Ford logo is pictured on the company’s stand during the 88th Geneva International Motor Show in Geneva, Switzerland, March 7, 2018. REUTERS/Denis Balibouse
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
Our Standards:The Thomson Reuters Trust Principles.