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Benzinga
Benzinga
Technology
Rachit Vats

Ford 'Rebrands' And 'Repositions' Unit To 'Incubate' New Business Ideas Around Autonomous Vehicles, New Tech

Ford Motor Co (NYSE:F) has “rebranded and repositioned” a company unit to boost the development of autonomous vehicles and foster new technology businesses, Bloomberg News reported on Thursday, citing company spokeswoman Jennifer Flake.

What Happened: The unit Ford Next was created last year and is led by former Renault SA (OTC:RNSLY) executive Franck Louis-Victor.

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