Ford splices auto business into 3 brands

Ford splices auto business into 3 brands

MANILA: Ford has announced its creation of three automotive businesses as part of its Ford+ strategy.

KEY TAKEAWAYS

  • What are the three auto businesses Ford plans to establish?

    As part of its Ford+ plan, the carmaker aims to establish Ford Model e, Ford Blue, and Ford Pro. 
  • What are the goals of Ford Model e, Ford Blue, and Ford Pro?

    Ford Model e will specialize in EV and in-car software, Ford Blue will work on ICE-powered Ford Cars, while Ford Pro will support EV charging and car buying processes.
  • The American carmaker's three global automotive brands will be called Ford Model e, Ford Blue, and Ford Pro. 

    The Ford Model e will focus on vehicle software and user experience, electric vehicles for commercial and shared mobility, electric vehicle components, and connected vehicle architecture. 

    The Model e is inspired by the success of Ford teams that developed the Ford GT, Mustang Mach-E SUV. F-150 Lightning pickup as well as Ford’s dedicated EV division in China, according to the carmaker's release.  

    This EV-focused business will also bring e-commerce and personalized shopping experience to customers. 

    Ford Blue will handle the Ford models powered by internal combustion engines (ICE) such as the F-Series, Ranger and Maverick trucks, Bronco and Explorer SUVs, and Mustang

    It aims to bring ICE-friendly off-road and performance driving, and family activities to customers. 

    Cars from this business arm will feature Ford Model e software and will be manufactured in cost-effective and clean processes. 

    Finally, Ford Pro will serve commercial and government customers with a range of ICE vehicles and EVs. Here, charging, software, and financing support for Ford and non-Ford products will be provided. 

    Ford President and CEO Jim Farley described the Ford+ plan as "the company’s biggest opportunity for growth and value creation since (Ford founder) Henry Ford scaled production of the Model T." 

    “We have made tremendous progress in a short period of time. We have launched a series of hit products globally and demand for our new EVs like F-150 Lightning and Mustang Mach-E is off the charts,” Farley said.

    “But our ambition with Ford+ is to become a truly great, world-changing company again... creating separate but complementary businesses that give us start-up speed... in Ford Model e together with Ford Blue’s industrial know-how, volume and iconic brands like Bronco, that start-ups can only dream about.”

    Ford reiterated its commitment to achieve carbon neutrality by 2050, and to use 100% local, renewable electricity in all of its manufacturing operations by 2035.

    Photos from Ford

    Also read: 9 reasons the next-gen Ford Ranger will change the pickup truck game yet again

     

     

     

    Dylan Afuang

    Dylan Afuang

    Growing up in the 2000s, Dylan browsed through car magazines before reading proper books, and watched motoring TV shows as often as he did cartoons. So, talking about cars came natural to him. His dream car is the Honda S2000.

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