Ford, VW seeking buyer for Argo AI's lidar unit
Ford and Volkswagen are trying to squeeze any remaining value out of Argo AI and shopping around Argo Lidar, an 80-person team.
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Ford and Volkswagen are trying to squeeze any remaining value out of Argo AI and shopping around Argo Lidar, an 80-person team.
Volkswagen Commercial Vehicles, a standalone VW brand responsible for the development and sales of light commercial vehicles, and Argo AI, an autonomous driving technology company, unveiled the first version of the ID Buzz AD (Autonomous Driving) on Sunday. The two companies shared plans to test and commercially scale the jointly developed, fully-electric self-driving van over […]
Ford Reports Better-Than-Expected Financial Results As recently as three months ago, Ford was tempering its financial reporting with the realities of the semiconductor shortage. However, the automaker has managed the shortage well and as a reult of a strong order bank, and its new models Ford has reported better-than-expected results Advertisement Having painted a rocky picture of its earnings and profit due to the ongoing chip shortage that caused the automaker to cut back on its production, idling assembly plants, including those that built its bread-and-butter pickup and SUV models, Ford ...
Operator Good day, ladies and gentlemen. My name is Holly, and I'll be your conference operator today. At this time, I would like to welcome you to the Ford Motor Company second-quarter 2021 earnings conference call. [Operator instructions] At this time, I would like to turn the call over to Lynn Antipas Tyson, executive director of investor relations. Lynn, I hand it to you. Lynn Antipas Tyson -- Executive Director, Investor Relations Thank you, Holly. Welcome to Ford Motor Company's second-quarter 2021 earnings call. With me today are Jim Farley, our president and CEO; and John Lawler, our...
Volkswagen Commercial Vehicles and Argo AI launch international trials of autonomous driving with ID. BUZZ The first self-driving prototypes based on the future Volkswagen ID. BUZZ production electric vehicle will begin testing in Munich, Germany, this summer. It marks a milestone for Volkswagen Group and its Volkswagen Commercial Vehicles brand (VWCV), which plans to implement Level 4-capable autonomous driving technology for self-driving vans. Light commercial vehicles are the first, logical place for deploying autonomous transportation of people and goods. Our aim with the self-driving ver...