Ford posts lower Q3 profit, trims its full-year outlook

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Ford Motor Co on Wednesday posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China. The No. 2 U.S. automaker reported a third-quarter net profit of $425 million (£329.84 million), or 11 cents a share, compared with $991 million, or 25 cents a share, a year earlier. The quarter included $1.5 billion in special charges, mostl

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Ford posts lower Q3 profit, trims its full-year outlook originally appeared on Autoblog on Wed, 23 Oct 2019 16:31:00 EDT. Please see our terms for use of feeds.

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This gadget lets you stop a moving car like Spider-Man

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Spiderman-like net stops speeding cars. ArrestNet by Pacsci EMC is a vehicle arresting system. Designed for applications like high-speed pursuits. The non-lethal vehicle system deploys in 3 seconds via remote control. When a speeding vehicle runs over ArrestNet spikes penetrate the tires. This triggers the net to deploy and wrap around the tires and stopping a dangerous situation without the use of lethal force. Each strand of the net can hold up to 1,200 lbs of force. ArrestNet by PacSci EMC

Continue reading This gadget lets you stop a moving car like Spider-Man

This gadget lets you stop a moving car like Spider-Man originally appeared on Autoblog on Sat, 19 Oct 2019 09:00:00 EDT. Please see our terms for use of feeds.

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