Ford Wants To Decrease Urban Auto Gridlock

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By Douglas A. McIntyre Published

Former Ford CEO and current executive chairman Bill Ford says he has a plan to cut urban car gridlock. This would involve smartcars that could take drivers around traffic choke points. Also part of the plan are cars which can drive themselves.

Bill Ford’s plans are probably in a race with an every rising use of cars in and around big cities, which means that the fulfillment of them will be a challenge

According to WSJ

Mr. Ford—who has been speaking out for the past two years about the need to address urban traffic—envisions a future in which fully autonomous cars are connected to a database that coordinates automobile travel with public transit and other transportation methods and parking. Mr. Ford wouldn’t say how much money the company will invest in these efforts. But last year, Ford said it doubled its investment in vehicle-to-vehicle communications and created a 20-member task force to help implement the technology in its vehicles

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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