ARB Corporation (ASX:ARB) codevelops off road parts with Ford - Sequoia Direct Pty Ltd

01NovNovember 1, 2019

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

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