Ford is testing a new speed control

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Car-maker Ford is trialling technology that could end the need for speed limit signs and help drivers avoid inadvertently incurring speeding fines by automatically slowing down vehicles when they enter designated areas.

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I don't think City will let this go through they live off fines
 
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I think the Tesla method works well, and will keep the income to the city intact. You can set how much over the posted speed limit you desire, and the car will still exceed that level if desired, but will warn the driver with a buzzer that he is speeding.
 
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