Ford building self-parking cars that no one needs

Ford (NYSE: F) has come up with another way to waste product development and manufacturing resources. It is building self parking cars. In a period when auto companies are being beaten up for wasting money, it is also an odd PR move.

According to The Wall Street Journal, "The automatic parallel-parking system will be shown next month at the North American International Auto Show in Detroit, and will be offered as an option on the Lincoln MKS sedan and MKT crossover-utility vehicle." Although Ford has not said what the option will cost, it could be close to $1,000.

Parallel-parking is one of the first things that sixteen-year-olds learn when they go to drivers education classes. It is not terribly difficult to do. Anyone who tries to squeeze a car into a space that is too small gets what he deserves.

The car industry has gone "gadget mad," which has hurt both profits and customer relations. One example is building in computers that have one hundred features which almost no one uses. This adds expense to development and drives up the price of the end product.

What happened to a simple car -- simple to produce and simple for the customer to use? A simple car will also probably be much more profitable in the long run.

Douglas A. McIntyre is an editor at 247wallst.com.

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