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The Latest Breaking News from Jim Farley

Ford to separate legacy auto and EV businesses into 'distinct' business units

Ford Motor Co. will separate its legacy auto and burgeoning battery-electric vehicle businesses into two "distinct, but strategically interdependent" units within the company, the Dearborn automaker said Wednesday.

Tribune News Service

Ford Aims For 'Startup Speed' With This Move To Outpace Tesla, Nio

Two distinct businesses will focus on fossil-fuel and electric vehicles. Ford stock jumped.

Investors Business Daily

Ford separates EV, internal combustion divisions

Ford said it expects that half of its vehicles will be electric by 2030.

Chicago Sun-Times

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Ford Reportedly Set To Announce Separation Of Electric Vehicle Unit Today

Ford Motor Co (NYSE: F) will announce the separation of its electric vehicle (EV) and internal-combustion engine (ICE) businesses on Wednesday, Reuters

Benzinga

Jim Farley: Nio and Tesla Are The Competition Ford Has To Beat

To beat EV makers like Tesla and Nio in the future requires Ford to make drastic changes, including different talent and procurement strategies, Farley said.

InsideEVs

Ford CEO says no EV spinoff planned but highlights differences in operations

Ford Motor Co. does not plan to spin off either its electric-vehicle or legacy internal combustion engine vehicle business, CEO Jim Farley said Wednesday, even as he underscored significant differences between those parts of the company.

Tribune News Service

Ford Reportedly Plans To Separate Its EV Business: Here's Why

Ford Motor Company's (NYSE: F) CEO Jim Farley acknowledged on the company's fourth-quarter earnings call that running an ICE business and a EV business are not the same.

Benzinga

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Ford’s CEO is exploring ways to separate its EV business to unlock Tesla-like value

Ford Motor Co. is looking at ways to separate its electric-vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla Inc. and other pure-play EV makers.

Tribune News Service

Ford Poaches Another Tesla Executive To Further Its EV Ambitions

Ford Motor Company (NYSE: F) CEO Jim Farley rarely misses an opportunity to show his admiration for electric vehicle pioneer Tesla Inc. (NASDAQ: TSLA).

Benzinga

Ford Bronco Everglades Teased In Swampy Video, Debuts February 10

Winch and snorkel are confirmed.

Motor1

Ford CEO Reacts To 4-Year Space Journey Of Elon Musk's Personal Tesla Roadster With An Indiana Jones Quote

Ford Motor Co (NYSE: CEO) Jim Farley on Tuesday reacted to a media report that noted how far out Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s Road

Benzinga

Ford Follows Tesla's Lead, Reworking Mustang Mach-E 'On The Fly'

As the EV revolution unfolds, we're seeing more automakers taking pages from Tesla's playbook, though Ford is openly following Musk's lead more than rivals.

InsideEVs

Ford CEO Jim Farley Touts F-150 Lightning's Readiness To Rival Tesla Model Y — As Soon As Production Ramps Up

Ford Motor Co (NYSE: F) CEO Jim Farley said on Thursday the company's hotly-anticipated electric pickup truck F-150 Lightning has enough demand to match that of Tesla Inc’s (NASDAQ:

Benzinga

Ford earnings miss expectations but execs bullish on EV demand

Ford Motor Co. missed Wall Street analysts' expectations for its fourth-quarter financial results despite a profitable year overall, but executives expressed optimism about the trajectory the company is on for 2022 as it sees strong demand for its burgeoning portfolio of all-electric vehicles.

Tribune News Service

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Tribune News Service

Ford to spend up to $20 billion reorganizing for shift to electric cars

Ford Motor Co. is planning a major reorganization to prepare for the electric future, using Tesla Inc.’s success as a road map and accelerating EV spending by as much $20 billion.

Tribune News Service

Why commercial customers are poised to lead EV transformation

SEBASTOPOL, Calif. — Steve Dutton can't get his hands on an electric pickup fast enough.

InsideEVs

Ford's Farley On Rivian Stake, Tesla, Lightning And Charging

While Farley just met with the President to talk about Ford's future and government help, he also participated in this intriguing interview with Bloomberg.

Tribune News Service

Elon Musk slams Biden on Twitter over GM, Ford meeting

WASHINGTON — Tesla Inc. CEO Elon Musk ripped into President Joe Biden on Twitter Thursday over his meeting with General Motors Co. CEO Mary Barra and Ford Motor Co. CEO Jim Farley.

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Benzinga

Ford CEO Jim Farley Sees These 2 Companies As Rivals In EV Race (Hint: GM Isn't Among Them)

Ford Motor Company (NYSE: F) is pursuing the electric vehicle market with increased momentum and investment and is hoping to deliver 600,000 EVs within the next 22 months.

Benzinga

Ford CEO Jim Farley Bats For Joe Biden's EV Incentives

Ford Motor Inc (NYSE: F) CEO Jim Farley on Wednesday said he supports President Joe Biden’s signature $1.75 trillion Build Back Better (BBB) legislation and hopes that the government can find a "path forward" to

Tribune News Service

GM, Ford CEOs push EV credits and chip funding at White House

General Motors Co. CEO Mary Barra and Ford Motor Co. CEO Jim Farley urged passage of President Joe Biden's social safety net and climate policy bill at the White House Wednesday.

InsideEVs

Ford Aims To Sell 600K EVs Inside Of Two Years, Says CEO Farley

Ford CEO Jim Farley says he believes the brand is "one of the first to scale," and adds that Ford's "committed to 600,000 units in 22 months from now."

Motor1

Ford CEO Says Subscriptions For Heated Seats 'Isn't Our Approach'

But that doesn’t mean Ford isn’t closely studying subscription services.

Benzinga

Ford, GM CEOs Among Those Invited By Biden To Discuss $1.75T 'Build Back Better' Legislation On Wednesday

General Motors Co (NYSE: GM) CEO Mary Barry and Ford Motor Co (NYSE: F) CEO Jim Farley are among key automotive and tech executives who will meet President Joe Biden

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