Ford Motor CFO Says Co Is Reading Connected Data From Vehicles & If Consumer Is Not Using Or Valuing A Feature, We Can Remove It From Vehicles
Portfolio Pulse from Benzinga Newsdesk
Ford Motor's CFO revealed that the company is analyzing connected data from vehicles to determine if consumers are using or valuing certain features, and may remove them if deemed unnecessary.
June 15, 2023 | 2:00 pm
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NEUTRAL IMPACT
Ford Motor's stock may be impacted by the company's decision to analyze connected data from vehicles and potentially remove underutilized features.
Ford Motor's decision to analyze connected data from vehicles and potentially remove underutilized features may have a neutral impact on the stock price. While this could lead to cost savings and more efficient production, it may also raise concerns about consumer satisfaction and privacy. The overall impact on the stock price is uncertain, but it is an important development for investors to monitor.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100