ARB Corporation (ASX:ARB) codevelops off road parts with Ford
ARB Corporation (ASX:ARB) has developed a new, co-branded product as part of its collaboration with the Ford Motor Company in North America.
The companies designed and developed a winch capable bumper for the USA Ford Ranger.
It will be released in November and commercially available in 2020. ARB says it can not indicate a likely impact on sales revenue at this time.
Ford and ARB are working together to develop further Ford accessory options for pick-up and SUV models, consistent with ARB’s previously announced strategy of pursuing original equipment manufacturer opportunities overseas.
Shares in ARB Corporation (ASX:ARB) closed 1.3 per cent higher at $18.11 yesterday.
Copyright 2019 – Finance News Network
Source: Finance News Network
