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Ford Blue and Ford Model e Businesses Announced


LPH submitted a new blog post
  • Ford will reorganize operations to separate its electric and internal combustion engine businesses into different units within the automaker.
  • The company expects the move will streamline its growing electric vehicle business and maximize profits.
  • “We’re going all in,” Ford CEO Jim Farley said in a statement announcing the changes.
  • The company plans to breakout financial results for the new units as well as its Ford+ business by 2023, giving investors greater transparency into the operations.

Source: Press Release

Continue reading the Original Blog Post.