The Paramount Network's Yellowstone Season 5 Part 2: What to Expect The Paramount Network’s long-running and hugely popular neo-Western drama is set to
Dearborn, Michigan (PRWEB) May 24, 2022 Today the Automotive Hall of Fame announced its 2022 Industry Leader: Jim Farley, president and CEO of Ford and
Ford Motor Co chief executive officer Jim Farley faced intense investor pressure to spin off his company’s electric vehicle (EV) business to unlock the rich values awarded to pure-play EV outfits like Tesla Inc. Instead, he decided to squeeze more out of Ford’s 118-year-old combustion engine business.
The historic reorganization Farley announced on Wednesday cleaves his company’s automaking in two, creating a “Model e” unit to scale up EV offerings and “Ford Blue” to focus on traditional internal combustion engine (ICE) vehicles.
The radical restructuring relies on gas burners to fund Ford’s EV ambitions, which are vast. The automaker now says it