The driverless car revolution is still a long way down the road. That’s according to Jeff Bracken, Group Vice President at Lexus, who told Cheddar that autonomous vehicles won’t take over the industry for another “five or 10 years.” But when we get there, he said, there “will be huge safety benefits.” His comments come in light of Uber’s fatal driverless car crash last week, which has left the industry reeling. Late Wednesday, a top exec at the company’s autonomous unit reportedly stepped down. Meanwhile Lexus unveiled its new UX model at the New York International Auto Show earlier in the day. It will be the company’s first car fitted with Amazon’s Alexa system. Other features include a “predictive efficient driver.” “This vehicle, from a technology standpoint, will get to know you,” explained Bracken. “So if the vehicle recognizes it’s on a similar route and you’re going up a hill [for example], it will actually move into the electric motor mode so that it saves the gas.” The carmaker hopes this model will attract millennials and is even considering offering a subscription-style financing model to do that. Though still in planning phases, Bracken revealed that the subscription could include things like “maintenance on the vehicle.” The new UX model is scheduled to hit dealerships in December. For the full interview, [click here](https://cheddar.com/videos/lexus-unveils-a-new-compact-crossover-for-the-urban-explorer).

Share:
More In Business
Macy's Rejects $5.8B Takeover Bid From Investors
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
Tech Stocks Still on the Rise
Pete Najarian, co-owner of Market Rebellion, shares what sectors he's watching as the S&P 500 and Dow notch historic highs.
Ford Cuts Production of F-150 Lightning Electric Truck
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Load More