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Ford setting up research & innovation hub in Silicon Valley

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Published Fri, Jan 23, 2015 · 09:50 PM

    San Francisco

    FORD Motor Co chief executive Mark Fields said the second-largest US carmaker needs a presence in the heart of the technology industry to be a part of Northern California's innovative culture.

    Mr Fields was in Palo Alto on Thursday to christen Ford's Research and Innovation centre - replete with red beanbag chairs - where the Dearborn, Michigan-based carmaker will employ 125 people by the end of the year, giving Ford one of the largest dedicated automotive research teams in the Valley.

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