Ford announced this week that 2023 was a profitable year for it despite losses in the fourth quarter, and despite its electric division is losing money due to the investments that have been directed there.
One of the solutions is to eliminate certain functions that were once heralded as marvels by the automaker, including automated parallel parking. Ford is eliminating the little-used automatic parallel parking system as a cost-cutting measure Photo: Ford The cuts will also affect little-used technologies, which real-time data show are not very popular with drivers. This is what Ford COO Kumar Galhotra told analysts during a conference call on Tuesday.
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