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Tag Archives: FMC CEO Jim Hackett
Ford Dropping Car Business – Reallocating $7B in Capital
It’s time for Ford to reorganize yet again. This time around it’s as radical a turnaround plan as ever seen in Dearborn with Ford essentially ceding the car market to other major auto makers and reallocating the $7 billion saved to bets – with wildly uncertain odds – in the connected car and autonomous car areas, as well as the newly emerging interactive road system. Continue reading
Posted in autonomous vehicles, economy, electric vehicles, environment, fuel economy or emissions, news analysis
Tagged autoinformed.com, autonomous vehicles, battery electric vehicles, bevs, connected vehicles, cyber security, FMC CEO Jim Hackett, Ken Zino, silicon valley, smart vehicles and roads
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