Wall Street

Ford Is Preparing Big Changes

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The Street

By Luc Olinga Dearborn automaker CEO Jim Farley wants to reduce the cost structure and focus on electric vehicles. Ford Motor (F) – Get Ford Motor Company Report should be making some big announcements soon. The veteran vehicle maker is taking important steps to solidify its roadmap. On March 2 Chief Executive Jim Farley had announced a major reorganization, with the separation of Ford’s automotive activities into two distinct units. Activities linked to internal-combustion-engine, or gasoline, cars, including iconic models like the SUV Bronco Sport, the F-150, and the Mustang Ranger, became p…

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