Ford CEO Farley, CFO Lawler to Describe Ford+ Growth Plan, Execution Priorities at Feb. 15 Wolfe Global Auto Conference
February 06 2023 - 2:00PM
Business Wire
Ford President and Chief Executive Officer Jim Farley and Chief
Financial Officer John Lawler will discuss the company’s ambitious,
customer-focused plan to grow and create value – and the double
transformation bringing it to life – at an upcoming fireside chat
with auto analyst Rod Lache.
The session at the Wolfe Research Global Auto, Auto Tech, and
Auto Consumer Conference 2023 in New York City will take place
Wednesday, Feb. 15, at 8:55 a.m. EST.
Farley and Lawler will answer questions about the Ford+ growth
plan; how the company is overhauling its operations to improve
quality and reduce costs; and its significant opportunities to
expand capabilities and generate returns from software-enabled
gas-powered and electric vehicles, along with value-added
services.
To accelerate this transformation, Ford has created three
distinct, customer-focused business segments: Ford Blue for iconic
internal-combustion and hybrid vehicles, Ford Model e for
breakthrough software and EVs, and Ford Pro for products and
services that help commercial customers make over and grow their
businesses.
The company will report its financial results accordingly with
great transparency to the strategic progress of each segment. Ford
will host a teach-in on the new segment reporting on Thursday,
March 23, at the New York Stock Exchange. Later, at the company’s
next Capital Markets Day on Monday, May 22, at its headquarters in
Dearborn, Ford will provide key performance indicators and
financial targets, including the path to an 8% EBIT margin in Model
e.
The Wolfe Research fireside chat next week can be viewed online.
Additional information is available at shareholder.ford.com.
About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in
Dearborn, Michigan, committed to helping build a better world,
where every person is free to move and pursue their dreams. The
company’s Ford+ plan for growth and value creation combines
existing strengths, new capabilities and always-on relationships
with customers to enrich experiences for customers and deepen their
loyalty. Ford develops and delivers innovative, must-have Ford
trucks, sport utility vehicles, commercial vans and cars and
Lincoln luxury vehicles, along with connected services. The company
does that through three customer-centered business segments: Ford
Blue, engineering iconic gas-powered and hybrid vehicles; Ford
Model e, inventing breakthrough EVs along with embedded software
that defines always-on digital experiences for all customers; and
Ford Pro, helping commercial customers transform and expand their
businesses with vehicles and services tailored to their needs.
Additionally, Ford is pursuing mobility solutions through Ford
Next, and provides financial services through Ford Motor Credit
Company. Ford employs about 173,000 people worldwide. More
information about the company and its products and services is
available at corporate.ford.com.
For news releases, related materials and
high-resolution photos and video, visit www.media.ford.com.
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