Ford's latest move to revamp its organizational structure is set to shake up the automotive industry. In a bid to accelerate its electric vehicle (EV) and software rollout, the US automaker has created a unified product organization. This new entity will oversee the development and production of Ford's EVs, as well as its software capabilities, with the goal of achieving higher profit margins. By streamlining its operations and bringing together key functions under one umbrella, Ford aims to increase efficiency and speed up its transition to an EV-centric business model.
Ford creates unified product organization to accelerate EV, software rollout and margin goals CBT News
