
TechCrunch – Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech
Ford shut down Argo, their autonomous vehicle division. They took a $2.7B impairment on their Argo stake, resulting in a quarterly loss.
Are robotaxis the future? Or instead, the past?
Are robotaxis the future? Or instead, the past?
Robotaxis are not just limited by weak technology. They unfortunately also don’t make any business sense…

Ford shut down Argo, their autonomous vehicle division. They took a $2.7B impairment on their Argo stake, resulting in a quarterly loss.