Future Ford vehicles could repossess themselves or go into a "lockout condition" if the driver misses payments, according to a recently-published patent application. Ford Global Technologies filed a ...

Ford is granted over 1,000 patents a year, and this is only an application for a patent. In a statement, the company said, "We don't have any plans to deploy this." On Feb. 23, 2023, the U.S. Patent ...

Ford had an idea that would allow a car to repossess itself and drive back to a specific location if the buyer missed payments. Now, it appears that the Blue Oval has abandoned that patent.

Your car is an example of secured debt, which can be seized by a debt collector, depending on the terms of your loan. Whether a debt collector can repo your car can also depend on the type of ...

The Ford Motor Co. filed for a patent relating to technology that would remotely repossess cars affiliated with missing payments. “An owner of a vehicle may default on a payment towards a vehicle for ...