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Is Self Driving Dead? Tesla Gets Sued, Ford Shuts Down Argo AI - But Mobileye IPOs
Friday, October 28, 2022 - 10:32am | 1131Read More...Imagine this morning commute: You're in the car, sipping coffee with one hand and browsing the morning news with the other. In fact, you’re in the driver’s seat but you're not steering. The streets are safe and accident-free; traffic flows smoothly. You’re so glad someone...
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Walmart Signs Autonomous Last Mile Delivery Deal With Ford, Argo AI: What Investors Should Know About $7.5B Private Company
Wednesday, September 15, 2021 - 10:25am | 400Read More...A leader in autonomous vehicle delivery is teaming up with the largest U.S. physical retailer to help with last mile delivery. What Happened: Argo AI announced a partnership with Walmart Inc (NYSE: WMT) and Ford Motor Company (NYSE: F) to launch autonomous vehicle last mile delivery in three U.S....
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Ford Exec Says $2.6B Autonomous Development Deal With Volkswagen Makes Dearborn 'Relevant In Changing World'
Tuesday, June 2, 2020 - 10:46am | 370Read More...Automaker Ford Motor Company (NYSE: F) and European rival Volkswagen have finalized a $2.6-billion joint investment in Argo AI to explore autonomous vehicle technologies in the U.S. and Europe, Ford Autonomous Vehicles CEO John Lawler said in a Medium post on Tuesday. What Happened Ford and...
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Ford Confirms Expansion Of Autonomous Driving Initiative With Volkswagen
Friday, July 12, 2019 - 8:57am | 412Read More...U.S.-based automaker Ford Motor Company (NYSE: F) and German counterpart Volkswagen AG announced Friday an expansion of their global alliance to include autonomous driving and electric vehicles. The Detroit News first reported on the partnership Wednesday night. What Happened Ford and Volkswagen...
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Morgan Stanley Underwhelmed By Volkswagen's Valuation Of Ford Mobility Unit
Wednesday, February 27, 2019 - 3:40pm | 439Read More...Ford Motor Company (NYSE: F) hyped investors last June by announcing a Volkswagen partnership. Now, that tie-up has become a drag. The Rating Morgan Stanley analysts Adam Jonas, Harald Hendrikse and Armintas Sinkevicius maintained an Equal-Weight rating on Ford with a $10 price target. The Thesis...
