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Mark Fields was at the helm of Ford since mid-2014. Replacing Fields as Ford CEO is Jim Hackett, former CEO of Steelcase Inc. Hackett has led Ford Smart Mobility LLC since March 2016 and served on the American automaker’s board from 2013 to 2016. Ford said in its official statement that Fields “is retiring,” but […]

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Automakers are racing to achieve full-self driving autonomy and it looks like Ford wants to be the leader of the pack. To claim the top spot – and cars including those with no steering wheels or pedals by 2021 – it announced a $75 million investment in Velodyne, a leading light detection and ranging (LiDAR) sensors […]

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