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

Ford Motor Co. F 0.41% 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 former ...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 »

Hackett keeps details close in vision for Ford - The Detroit News

Ford Motor Co. plans to eliminate vehicles, trim billions in operating costs and divert money from the development of passenger cars and internal combustion engines, investing that into trucks, SUVs and electric vehicles. Ford Motor Co. CEO Jim Hackett ...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 to shift one-third of internal combustion engine investments to electric cars - Electrek

Yesterday, Ford joined the group of automakers recently highlighting their plans for the electric car transition. After confirming the formation of a new internal team, called 'Team Edison', to oversee electric car programs, Ford's new CEO, Jim Hackett ...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 Takes Aim at Tesla With “Team Edison” - Futurism

Electric vehicles are becoming more and more popular, and auto manufacturers are taking notice. Now, Ford has set up a group known as “Team Edison” to spearhead its efforts to carve out a place for the company in the growing EV market. “The idea is to ...and more »

Ford's New CEO Offers An Old-Fashioned Strategic Plan - Fortune

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. New Ford CEO Jim Hackett unveiled his first detailed plan for the future of the vehicle maker Tuesday. He talked less about design thinking, the ...and more »

Ford to slash $14 billion in costs, cut car models under new CEO - Livemint

Southfield, Michigan: Ford Motor Co. will cut $14 billion in costs and drop some car models from its lineup under chief executive officer Jim Hackett, who's focusing the company's future on sport utility vehicles, trucks and electrification. The ...and more »