All Hat No Cattle
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I was browsing my financial news when I came across this press release. With so many posters on here unsatisfied with dealers, maybe there is some hope.Google Partnership Lifts Ford Stock
Ford stock gained 2.9% on Feb. 1 after CEO James Farley announced the 117-year old automaker is partnering with tech giant Google. The Michigan-based carmaker and Alphabet-owned company will form a new collaborative group called Team Upshift.
"We're going to leverage the talent and assets of both companies to push the boundaries of Ford's transformation," Ford Motor wrote in a company blog post. "This may include projects ranging from modernizing our plants through vision AI, developing new retail experiences when buying a vehicle, creating new ownership offers based on connected vehicle data, and more."
In addition to the joint venture, the deal will make Google the preferred cloud service for the Detroit automaker.
What do you think it means?
BTW, this is from Investors Business Daily.
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