DEARBORN, Michigan — Ford Motor Co. executives on Monday are providing an update on the automaker's growth plan to hundreds of investors and analysts who are attending a capital markets event virtually and in-person at Ford's headquarters.
The event serves as a progress report on the Ford+ growth strategy that has involved splitting the company into three separate business units: Ford Model e, focused on electric vehicles and software; Ford Pro, dedicated to fleet customers; and Ford Blue, the company's internal combustion engine vehicle business.
Among the updates shared: Ford is developing a three-row SUV as part of its second generation of electric vehicles. Doug Field, Ford's chief advanced product development and technology officer, teased an "affordable" family vehicle that he described as a "personal bullet train."
