Ford Investing $1 Billion in Chicago SUV Plants

Joe Hendricks announces Ford's $1 billion investment in Chicago plants to expand SUV production, creating 500 new jobs. Ford is committed to US manufacturing, leading in vehicle production and export. The company is focusing on electrification and restructuring globally, with plans to refresh 75% of its SUV and truck lineup. Ford aims to enhance competitiveness and profitability, particularly in Europe and South America, while maintaining a strong presence in the US market.

What is the total amount Ford is investing in the Chicago Assembly and stamping plants?

What new vehicle models are being produced as part of Ford's investment?

How many new jobs will be created as a result of the investment in Chicago?

What is the significance of the Explorer and Aviator in Ford's product lineup?

What is Ford's strategy regarding electrification and autonomy?

What challenges is Ford facing in the automotive market according to Jim Hackett?

How does Ford plan to restructure its business in Europe?