Dabbie Davis
Ford Weighs Dropping Automated Parallel Parking Feature in Bid to Save Millions of Dollars Annually
Ford Motor Co. contemplates ditching automated parallel parking to slash expenses. Chief Operating Officer Kumar Galhotra unveils a cost-saving strategy, targeting $2 billion in savings. Discontinuing Active Park Assist could save $60 per car, amounting to $10 million yearly. The move aims to revamp manufacturing processes and reduce reliance on semiconductor chips.
By Dabbie Davis
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BMW Group Reveals Fourth-en Cooper Petrol 3-Door Hatchback, Latest Addition to Its Lineup
BMW Group introduces the fourth-gen Mini Cooper Petrol 3-Door Hatchback, a nod to its iconic design. Departing from the electric trend, Mini unveils gas-powered Cooper C and Cooper S models. The lineup excludes diesel options, offering two turbo-petrol engines.
By Dabbie Davis
Hertz Halts EV Purchase, Arrived at an Agreement with Polestar
Hertz halts acquisition of 65,000 Polestar EVs, shifting away from electrification plans after Tesla exit. Repair costs, depreciation woes cited. Polestar CEO reveals Hertz's pause in late 2023. Polestar agrees to halt agreement under conditions. Hertz's move impacts Polestar stocks, with uncertain revival prospects. Hertz's financial status awaited post-bankruptcy.
By Dabbie Davis
