Ford Motor Exec Says 12% Of Ford Commercial Customers Subscribe To Software Services
Portfolio Pulse from Benzinga Newsdesk
Ford Motor's executive revealed that 12% of Ford's commercial customers have subscribed to the company's software services, indicating a growing interest in connected vehicle technology.
May 22, 2023 | 1:40 pm
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Ford Motor Company (F) sees 12% of its commercial customers subscribing to its software services, signaling a potential increase in revenue from connected vehicle technology.
The news indicates that Ford's commercial customers are increasingly adopting the company's software services, which could lead to higher revenues from connected vehicle technology. This growing interest in connected vehicles may positively impact Ford's stock price in the short term.
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