An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Jim Baumbick to Discuss Acceleration of Delivering Ford+ Plan at Bank of America’s 2023 Automotive Summit
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Ford's Vice President of Product Development Operations & Quality, Jim Baumbick, will discuss the company's Ford+ plan during a fireside chat at Bank of America's 2023 Automotive Summit on April 5, 2023, at 12:10 p.m. ET. He will outline how Ford aims to capitalize on software-enabled vehicles, including gas-powered, hybrid, and electric models. Ford has established three business segments: Ford Blue for internal-combustion vehicles, Ford Model e for EVs and software, and Ford Pro for commercial services. A strategic update on these segments will also be presented at Capital Markets Day on May 22, 2023.
Positive
Focus on software-enabled vehicles will enhance competitiveness.
Three distinct business segments target specific customer needs.
Negative
None.
DEARBORN, Mich.--(BUSINESS WIRE)--
Ford Vice President of Product Development Operations & Quality, Jim Baumbick, will participate in a fireside chat and discuss delivering the Ford+ plan at Bank of America’s 2023 Automotive Summit with auto analyst John Murphy. The conference will take place on Wednesday, April 5, at 12:10 p.m. ET.
Baumbick will explain how Ford is focused on significant opportunities to expand capabilities and generate returns from software-enabled gas-powered, hybrid and electric vehicles.
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 increase productivity and grow their businesses.
Later this year, at the company’s Capital Markets Day on Monday, May 22, at its headquarters in Dearborn, Ford will provide a strategic update, key performance indicators and financial targets for the three new business segments.
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.
Equity Investment Community Lynn Antipas Tyson 1.914.485.1150
ltyson4@ford.com
Fixed-Income Investment Community Jessica Vila-Goulding 1.313.248.3896
jvila5@ford.com
Shareholder Inquiries
1.800.555.5259 or
1.313.845.8540
stockinf@ford.com
Source: Ford Motor Company
FAQ
What is the focus of Ford's Ford+ plan?
Ford's Ford+ plan focuses on expanding capabilities and generating returns from software-enabled gas-powered, hybrid, and electric vehicles.
When will Ford present its strategic update?
Ford will present its strategic update during its Capital Markets Day on May 22, 2023.
Who will participate in the fireside chat at Bank of America's Automotive Summit?
Jim Baumbick, Ford's Vice President of Product Development Operations & Quality, will participate in the fireside chat.
What are the new business segments created by Ford?
Ford has created three business segments: Ford Blue for internal-combustion vehicles, Ford Model e for electric vehicles, and Ford Pro for commercial services.
When is the Bank of America Automotive Summit taking place?
The Bank of America Automotive Summit will take place on April 5, 2023.
