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News: Ford Appoints Self-Drive Chief as CEO

After Ford's CEO Mark Fields' three-year tenure failed to keep up with the driverless industry and resulted in a 40% drop in shares since Field's took over in 2014, Ford is going in a new direction. Jim Hackett, who was previously chairman of Ford's self-driving division, has succeeded Fields as the company's new CEO.

When Uber & Lyft Go Driverless: Why Transportation as a Service Means You Might Never Own a Car Again

The private automobile has been an intrinsic part of our lives for around a hundred years. But over the last decade, car sharing has gained a very small but growing part of the mobility market. The more recent rise of companies like Uber and Lyft is witness to a more dramatic shift in mobility and car ownership. Private vehicle ownership to a transportation-as-a-service model has already started, and high capability SAE Level 4 vehicles will complete this trend.

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