Ford’s appointment of Jim Hackett as its new president and CEO reflects how the company is largely pinning its long-term survival hopes on its driverless business. Following his previous role as head of Ford’s Smart Mobility division, which overseas Ford’s autonomous driving activity, Hackett will help the company take a more self-driving direction as a whole.

Ford has realized its leadership must be ready for the transportation industry’s expected seismic shift to a driverless business model on the scale of the industrial revolution that took place in the 18th and 19th centuries. The… more

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