| Thanks for reading Hyperdrive, Bloomberg's newsletter on what's reshaping the auto world. Today's featured story is also on our website. If you've not already subscribed, sign up here. What's that aggravating beeping in your car? You might have missed a payment. Ford filed for a patent on technology that could remotely shut down your radio or air conditioning, lock you out of your vehicle, or prompt it to ceaselessly beep if you miss car payments. Ford said it has no plans to use the technology, contained in one of the many patents filed by the automaker. Still, it emerges at a troubling time for car owners. Loan delinquencies have been steadily ticking back up from their pandemic lull. Cox Automotive data showed severely delinquent auto loans in January hitting their highest point since 2006.  Ford has no plan to deploy repossession tech it's sought a patent for. Photographer: Chris Ratcliffe/Bloomberg The use of technology to aid repossessions isn't new, but the patent application is wide-ranging, even proposing the idea that an autonomous vehicle could drive itself to a "more convenient" location to be collected by a tow truck. "It really seems like you're opening up a can of worms that, as a manufacturer, you don't really need to be doing," said John Van Alst, a senior attorney with the National Consumer Law Center. According to the Ford patent application for repossession-linked technology, cruise control and automated windows could be disabled if a consumer doesn't acknowledge a notice of an overdue car payment. Ford could also shut down key fobs, door locks — even the accelerator or engine. "Disabling such components may cause an additional level of discomfort to a driver and occupants of the vehicle," the patent application states. Wes Sherwood, a spokesman for the Dearborn, Michigan-based automaker, said Ford has "no plan to deploy this." Ford was granted more than 1,300 patents in 2022 as part of "encouraging a culture of innovation," the automaker said in an email. "We submit patents on new inventions as a normal course of business, but they aren't necessarily an indication of new business or product plans," Ford said in the statement. Lenders with less-than-stellar reputations for repossessions could take advantage of the technology, NCLC's Van Alst said. "You've now created this device which is like the doomsday device in Dr. Strangelove," he said. And what about the beeping? Car owners would be unable to shut off the noise without first contacting their auto lender about a delinquency, the patent application shows. Ford called the sound "incessant and unpleasant."  German transport minister Volker Wissing. Photographer: Liesa Johannssen-Koppitz/Bloomberg The European Union postponed a vote originally scheduled for next week on phasing out combustion engine cars as it seeks more time to reach a compromise with Germany over e-fuels. EU ministers were scheduled to vote Tuesday in what was supposed to be a routine approval of a deal the bloc clinched last year to effectively ban new vehicles that run on fossil fuels beginning in 2035. The delay reflects concern that Germany would have abstained — a move that could derail the bloc's green plans. Like getting this newsletter? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and subscriber-only insights. | 
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