Ford rebuffs critics of its tech investments

Early investment in self-driving vehicles is paying off in driver-assist technologies, says Ford's Joe Hinrichs.

Michael Martinez

May 15, 2017 05:00 AM

DETROIT — Ford Motor Co. CEO Mark Fields' decision to spend billions on autonomy, electrification and new mobility services is being questioned by shareholders and, apparently, some directors as the automaker sacrifices some profits today for ventures that may not pay off for years.

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