The modern Ford Motor Co. has emerged, CEO Jim Farley said Wednesday as the company detailed some restructuring and said it will refresh 80% of its North American vehicle volume by 2029 as a part of its efforts to compete against new competitors like Chinese brands.
Former Apple Inc. executive Doug Field, Ford's chief EV, digital and design officer, will depart over the next month as Ford prepares to launch next year its new Universal Electric Vehicle platform.