Ford Motor made a stunning announcement on Wednesday, March 2, saying it will reorganize the company's operations to separate its internal combustion engine and electric businesses into two different units. 'Ford Blue' will be for its legacy autos while 'Ford Model e' will be for its EV business. more
Will a Ford EV spinoff happen? Sources say that Ford Motor CEO Jim Farley is strongly considering separating its electric vehicle business from its traditional engine operations. Ford's shares jumped following reports that the company is entertaining the possibility of an EV spinoff. more
Ford has made a significant move to improve its EV business, with the Detroit automaker poaching engineering director Alan Clarke from Tesla. The 35-year-old engineer now works with Ford's Advanced EV Development department in California. more
Ford has improved its profit margins with the help of the Mustang Mach-E, with the company's on-the-fly updates to the electric crossover helping them slash $1,000 in costs on its production. more
A major reorganization is in the cards for Ford Motor Co. as it prepares for an electric future, with the automaker set to accelerate spending for its EV program by as much as $20 billion. more
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