Tag: Jim Farley

Industry Focus Areas, Motorized Vehicle

Ford Expects 40% of Global Vehicle Volume to Be Fully Electric By 2030

May 26, 2021

Via: The Wall Street Journal

Ford Motor Co. plans to boost spending on electric-vehicle development by billions of dollars beyond previous plans and expects 40% of its global sales to be fully electric by 2030, as Chief Executive Jim Farley bets bigger on plug-in cars. […]

Industry Focus Areas, Motorized Vehicle

Ford’s new CEO promises investors more transparency, reports October sales declined 6.1%

November 4, 2020


Ford Motor will release its U.S. vehicle sales on a monthly basis as well as quarterly after the company’s new CEO Jim Farley promised Wall Street greater transparency. The decision comes more than a year after the Detroit automaker followed […]

Industry Focus Areas, Motorized Vehicle

New Ford CEO Farley announces operational restructuring and executive shakeup

October 1, 2020


Ford Motor’s new CEO Jim Farley is shaking up the company’s top ranks and restructuring operations as the automaker struggles to bolster shareholder confidence and stay relevant in an increasingly competitive market. Farley, who succeeds Jim Hackett, is streamlining operations […]