Ford restructures into three divisions

Ford Motor Company announced a major restructuring initiative aimed at enhancing its operational efficiency and aligning its business strategy with the evolving automotive market. The company will be divided into three distinct divisions: Ford Model E, Ford Blue, and Ford Pro. Ford Model E will concentrate on the development and production of electric vehicles, reflecting the growing demand for sustainable transportation solutions. This division is expected to play a crucial role in Ford's transition towards electrification, as the automotive industry increasingly shifts away from traditional internal combustion engines. Ford Blue will focus on the production and marketing of internal combustion vehicles, ensuring that the company continues to meet the needs of customers who prefer conventional vehicles. This division aims to maintain Ford's legacy in the automotive sector while adapting to changing consumer preferences. Lastly, Ford Pro will be dedicated to vehicle distribution and service, enhancing the company's ability to support commercial customers and fleet operations. This restructuring is a strategic response to the competitive landscape of the automotive industry, where companies are investing heavily in electric vehicle technology and services. By creating specialized divisions, Ford aims to streamline its operations, improve product development timelines, and better serve its diverse customer base. The restructuring is expected to position Ford more favorably in the market, allowing it to respond effectively to the challenges and opportunities presented by the transition to electric mobility and the ongoing evolution of consumer preferences.