Stellantis CEO: Ford’s EV, legacy restructuring is ‘HR challenge’

Published by
The Detroit News

Stellantis NV CEO Carlos Tavares says Ford Motor Co.’s restructuring to separate the company’s legacy business from its electric-vehicle operations is a way to impress investors — not consumers who should be the priority. Ford Motor Co. this week said it’s creating two “distinct, but strategically interdependent” businesses: Ford Blue, home of the legacy business whose profits and industrial know-how will underpin the entire enterprise, and Ford Model e, which will field software, electrical and automotive talent to lead innovation and growth initiatives Ford executives see as key to competing…

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