Ford Files Vehicle Self-Repossession Patent

Cars, News I By Justin Cornelison I March 01, 2023
Vehicle Self-Repossession

Interesting news out of Detroit; Ford has filed a patent for vehicle self-repossession!  The patent filed by Ford proposes a system and method for repossessing a vehicle equipped with an electronic control unit (ECU) that can be remotely accessed by the lender or finance company.  The vehicle self-repossession system would allow the lender to remotely disable the vehicle by sending a signal to the ECU when the borrower fails to make payments.  The signal could be sent through a variety of means, including a smartphone app or a web-based portal.  The vehicle self-repossession system would also be able to track the location of the vehicle through GPS and send alerts to the lender when the vehicle is in range for repossession.  Additionally, the system would provide a range of customizable options for the lender to manage the repossession process, including the ability to set up geofenced areas and alerts to inform the borrower when they are approaching a restricted area.

Perhaps your local repo-man may be out of a job in the future, where crazy videos like the one below will vanish forever!


The Guide to Road Racing: Winding Road Magazine's ultimate guide to getting your start in racing.

Table of Contents

Related Articles

Lamborghini Urus SE: The first Plug-in Hybrid Super SUV

New design, 800 CV of power, over 60km range in electric mode, with best-in-class performance and top speed in its category Sant’Agata Bolognese/Beijing, 24 April…

April 24, 2024
Toyota Research Institute Announces Multimillion-Dollar Challenge to Accelerate Research in New Advanced Materials

Challenge Aimed at Accelerating the Transition to Cleaner Energy Solutions LOS ALTOS, Calif., and CAMBRIDGE, Mass. (April 18, 2024) —Toyota Research Institute (TRI) announces a multiyear,…

April 18, 2024
GM Energy Rolls Out New Product Suite, Offering Customers the Ability to Transfer Power Between EVs and Homes

GM Energy’s initial product offerings for home customers are now available for purchase through a newly launched e-commerce platform Flexible GM Energy bundle offerings and…

April 18, 2024
Honoring the Legend: Introducing ECD Auto Design’s Newest Product Line – The ECD Classic

KISSIMMEE, Fla., April 17, 2024 — ECD Auto Design (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke…

April 17, 2024
Genesis Unveils Neolun and GV60 Magma Concepts, Showcasing Further Evolution of the Brand

Note: Genesis continues to unfold the evolution of their brand after the GV80 Coupe had its concept released nearly a year ago. Genesis Neolun Concept…

March 26, 2024


Get the latest driving and racing news straight to your inbox.

no thanks

Begin typing your search above and press return to search.