Ford Invests $1 Billion in Chicago Plants Building SUV Models

Ford is investing a billion dollars in its Chicago plants to produce new models, including the Ford Explorer and Lincoln Aviator, creating 500 new jobs. The company is focusing on expanding its SUV lineup and incorporating electrification. Ford is also undergoing a global restructuring to enhance competitiveness, with a focus on commercial vehicles in Europe and South America. The company aims to have 75% of its SUV and truck portfolio renewed by next year, aligning with customer demand and generating cash for future ventures.

How does Ford plan to address the challenges of electrification and autonomy?

What is Ford's strategy for the SUV and truck market in the coming years?

What restructuring plans did Jim Hackett mention regarding Ford's operations?