Ford reveals new operating structure, $3B in losses expected for EV segment

Ford reveals new operating structure, $3B in losses expected for EV segment

Yahoo - Autos·2023-03-23 21:02

Ford (F) gave investors and analysts today a peek behind how it will reorganize its business units and report financial performance.

Dubbed a “refounded” Ford, the company stated that it will report results using the business segments Ford Blue (gas, hybrid vehicles), Ford Model e (EVs) and Ford Pro (commercial products & services), and not by regional markets like in the past.

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