Google has shifted its driverless-car ambitions into high gear.
The technology giant Monday announced the hiring of auto industry veteran John Krafcik as chief executive of its self-driving car division.
The hiring of the former Ford, Hyundai and TrueCar executive signals an acceleration of Google's nascent autonomous vehicle division, and may presage the Silicon Valley company's intentions to enter the high-stakes automotive industry.
Tech giants such as Google and Apple — which also has launched an automotive project — may be among the only companies with enough cash and talent to pose a serious threat to major automakers.
Automotive industry analysts...