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-- -- -- -- we're gonna talk about that stuff now actually the billboard.
With the very top a couple of other company do you feel.
Like you are getting stuck in traffic more often just to let you know.
It took me -- longer to get to the Beverly Hilton and it showed up just twelve blocks and that was that about myself look on your screen right now.
US road congestion on the rise in 2013 following two years of double digit declines.
And you may be surprised.
That Ford Motor Co.
got don't want you to be there -- that's not what they're actually working to help figure out at eradicate the problem.
It really erratic.
Pick the congestion billboard is executive chairman of Ford Motor Co.
he's talking out of Fox Business exclusive we're thrilled that -- has.
-- too like Tony Blair have gathered quite a -- we're taking pictures of you because you want to sign him.
-- one of the greatest auto companies in the world.
And -- look now when you say that it is suggestion globally on the roads but some -- one problem right now.
Well -- if you look at.
Today we already have congestion in major cities all around the world.
And then if he -- future a little bit and we're going from about seven billion people today and the -- about nine billion by mid century.
Number cars in that same period we'll go from a billion today.
It's up to four billion by then -- where they -- ago.
And up my point is -- getting -- going on solving this urban mobility problem and if we don't solve it.
We're gonna have a global gridlock on up.
And that's something we don't want to.
You could put up some numbers up here in the US.
Absolutely terrible gridlock doesn't surprise me that Los Angeles is at the top but -- this -- of course Boston Washington DC New York.
Bridgeport Connecticut got -- adjusting.
But look you've got.
Crumbling infrastructure costs and Bret Lockett got more and more people at -- Sort of opportunity to use public transportation.
How we fix this not just here in the states but worldwide in Sao Paulo in Zurich where you have a lot of.
It's like yeah really I I think it's going to be technology that ultimately sentenced -- the -- explain.
Right now we're working on a vehicle to vehicle technology cars that can talk to other cars that you're well like if you're -- -- exactly.
No but if your car is.
You know five miles ahead of mine you get a traffic jam and -- alert all the other cars around and then my Carl -- name.
Do I want -- -- -- based on this information.
He'll also be vehicle to infrastructure team that all the -- out there that are collecting data most of which are collated input into usable form.
What if what if you're coming home at midnight.
And there's no one on the road watching you have to stop for red light that run red light sweet talking your -- -- -- the traffic and going to greens.
Saving you time and fuel and so -- 30% of all fuel burned in the city center today is we're looking for parking spot what your car when you leave your home and in the suburbs.
And -- knows exactly where you gonna go look it reads like the parking spot for you reserves that any drive right there.
What yeah I mean that in theory sounds great right and I loved it but that you get there and little it lets see if it that you call the north and -- -- and people -- out there didn't do enough for what it's not perfect yet it -- -- but when you look at say for example talk about technology.
Google trying to keep the driver -- -- right up front important.
No I think it's wonderful.
We're working on a lot of the same technologies we're very close to Google.
And I think you know -- You'll see a lot of these autonomous features come into the cards soon before we get the -- autonomous driving itself.
-- I think it's not some fantasy world it's something that's very real.
All right so you're you're encouraged by Google and -- the auto parts.
Okay I've got to get to natural gas -- is quite a bit of discussion.
That eventually we will become and that -- society we have a lot of -- it's less expensive for countless things can change very quickly but.
How well the sport position for.
But he played and we've had natural gas vehicles on the road for a long time the issue we have a natural gas than we think it's a great fuel.
It's not a totally clean fuel and so that's an issue it's cleaner methodically clean -- the other issue is.
It's not -- energy dance adds the athletes they need bigger tanks.
So for trucks I think it makes perfect sense.
If you start getting down -- passenger size cars.
Makes a little less sense because you don't quite have the range that you would like to have what if you can if you -- the -- you have to put these huge tax funds up.
The way I look at it the -- for -- that it is big big big vehicles great idea.
Smaller vehicles a little more problematic.
-- stopped doing pretty well right now up about 16% year over year.
You may go down in history as being one of the smartest executives effort because you didn't have that -- go about you look I have to be the CEO.
And he brought an Allen -- loudly enough.
-- -- what is your focus now as a group executive chairman.
Well -- obviously I'm working on a lot of these that there were discussing today and spending a lot of time on our strategy a lot of time on technology.
-- a lot of time.
Really looking at different business models that may affect our industry.
I mean for instance we just launched a -- in business in Germany this month.
Like -- zip -- kind of models that community west eventually probably my you know we wanna get it up right -- goes first but there's no reason why couldn't.
It and so you don't.
One of the things that you know I determinant in really 06.
Was that if I needed help I was chairman I was CEO vice president and CE OO.
I -- -- couldn't do it all I ask you to do the windows.
Well about -- brought -- -- he's obviously been fantastic.
And yet I've worked so well together and he's he's become a friend and I with kids.
There forever that Tennessee bill thankfully -- we appreciate company by its billboard's first.
-- couldn't grip the event and he's having a great shot because it gets me people like Steve case is waiting in the wings Devale Ellis -- speak -- thank you so much -- -- -- -- of of course.
-- -- group -- executive chairman let's get to the.
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