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Ford Chief Outlines Investment Shift Away From Passenger Cars - New York Times

Car buyers want sport utility vehicles and trucks today. Automakers are feeling pressure to make the electric and self-driving vehicles that may define tomorrow. Ford Motor is betting billions of dollars that it can excel in meeting both of those ...and more »

Ford's new CEO has a plan to reinvent the company — but it may not be enough to please Wall Street - Markets Insider

... • He intends to use a combination of design thinking and traditional managerial skills. • So far, Wall Street hasn't been impressed by Ford. On Tuesday at an investor conference in New York, Ford's new CEO, Jim Hackett, delivered what he called a ...and more »

Sponsored: 2017 Nissan Altima brings sporty styling to the family sedan - KOMO News

When it comes to sedans, the competition is fierce. Kelley Blue Book found that 1 in 6 cars sold in the U.S. every year is a midsize sedan and for good reason: they're safe, affordable and roomy. So what makes the 2017 Nissan Altima different? An ...and more »

Ford bets on trucks, SUVs to invest in future - Fox Business

In order to prepare for the future, Ford (NYSE:F) will embark on a plan to bolster its bread-and-butter business of selling lucrative trucks and SUVs. Continue Reading Below. CEO Jim Hackett, who took over America's second-largest automaker in May ...and more »

Ford's Plan For More Smart Vehicles And Services Won't Work If It Doesn't Fix Its Business Today - Forbes

Ford Motor's Chief Executive Jim Hackett insists the 114-year-old car company has a bright future, despite sweeping technological changes and new competitors Henry Ford never imagined, offering a blueprint for a new portfolio of smart vehicles and ...and more »

Ford to cut costs $14 billion, invest in trucks, electric cars: CEO - Reuters

DETROIT (Reuters) - Ford Motor Co (F.N) plans to slash $14 billion in costs over the next five years, Chief Executive Officer Jim Hackett told investors on Tuesday, adding that the No. 2 U.S. automaker would shift capital investment away from sedans ...and more »

Ford creates team to ramp up electric vehicle development - Reuters

(Reuters) - Ford Motor Co has formed a team to accelerate global development of electric vehicles, whose mission will be to “think big” and “make quicker decisions,” an executive of the company said on Monday. FILE PHOTO - The Ford logo is pictured at ...and more »

Ford to Focus on High-Growth Areas, Cost Cutting - Wall Street Journal

Ford Motor Co. F -1.56% will shift about $7 billion toward the development of more trucks and sport-utility vehicles while “attacking” costs, part of new Chief Executive Jim Hackett's strategic plan for the No. 2 U.S. auto maker. Mr. Hackett, the ...and more »

Ford plans $14B in cost cuts as part of new CEO's strategy - Chicago Tribune

Ford Motor Co.'s new CEO plans to cut $14 billion in costs, drop some car models and focus the company's resources on trucks, SUVs and electric vehicles as part of a renewed effort to win over skeptical investors. Jim Hackett, who became Ford's CEO in ...and more »

Ford to Slash $14 Billion in Costs, Cut Car Models Under New CEO - IndustryWeek

Ford Motor Co. will cut $14 billion in costs and drop some car models from its lineup under CEO Jim Hackett, who's focusing the company's future on sport utility vehicles, trucks and electrification. The automaker will target reducing materials costs ...and more »