Saturday, October 05, 2024
Ford is removing the hands-free parallel parking system in its vehicles, and here's why.
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.
