OEM-Backed Autonomous Vehicle Project Shuts Down

Nov. 1, 2022

Two setbacks in the driverless technology world raise major roadblocks for development.

Nov. 1, 2022—Argo AI, a venture backed by Ford and Volkswagen, will shut down.

The automakers are each taking billions in losses over the driverless technology project, reports Yahoo News. Doug Field, a technology executive with Ford, said in a recent earnings call that driverless technology at a functional level is going to be a very difficult problem to solve.

The story also cited a federal investigation into Tesla's Full Self-Driving technology as signs that true driverless tech is not as close as some might think.

About the Author

Ratchet+Wrench Staff Reporters

The Ratchet+Wrench staff reporters have a combined two-plus decades of journalism and mechanical repair experience.

Sponsored Recommendations

Find the right shop management system to boost your efficiency

Find the right shop management system to aid in efficient scheduling, communication and payment processing

Craft a strategic marketing plan

Develop strategies and communicate them to your staff to keep you on track

Establish and track your KPIs: Technician Productivity

WHAT IT IS: Technician productivity refers to the time a technician is available to work measured against the actual time spent working on positive cash flow repair orders. Tracking...

Empower your technicians with the right tools for efficient repairs

Foster a highly motivated and efficient team to get vehicles out the door faster