Auto Lane Change has a specific warning in the Owner's Manual (p73) that it "can not detect oncoming traffic in the target lane, especially fast moving vehicles from the rear".
IMHO (and I'm sure someone will step in to correct or enhance this), this has to do with MS not having a rear camera connected to AutoPilot to see traffic approaching from the rear, and parking sensors having limited distance. Smaller fast moving objects will simply get buy the current technology requiring the driver to still be in charge of the major decisions. FWIW, my former Lexus had warnings about it's parking sensors and Radar Cruise Control (like TACC) not being able to consistently see small objects, bicycles, and pedestrians. Even our MS owner's manual calls out similar constraints with Park Assist not being able to detect children, pedestrians, bicyclists... (and those sensors are the same ones used with Auto Lane Change.)