Workflow
Ford considers axing car feature that could save company millions per year
Ford MotorFord Motor(US:F) Fox Business·2024-02-08 04:45

Ford Motor Co. is considering getting rid of the automated parallel parking feature in its vehicles as part of its cost-cutting measures in 2024, saying few customers utilize it anyway. Chief Operating Officer Kumar Galhotra said during a call with analysts Tuesday, saying the automaker plans to make some material and design changes aimed at improving efficiency and saving money.Galhotra said connected vehicle data has helped the company determine whether customers are using certain features, and from asses ...