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Ford Media Center
DEARBORN, Mich., Jan. 25, 2018 – As 2018 begins, Ford Motor Company’s mobility organization is making the move to accelerate delivery of mobility products and services to customers and deliver shareholder value.
As outlined at the 2018 CES show in Las Vegas, Ford’s mobility strategy is to deliver a broad suite of products and services that enhance all layers of the transportation system – vehicles, infrastructure, connectivity and digital services – to alleviate the transportation drag on cities and help people move more freely in the City of Tomorrow.
“We believe transportation done right – as part of a systems approach – can bring life back to our cities,” said Marcy Klevorn, president, Ford Mobility. “By accelerating our delivery of mobility services through the changes we are making today, we are enabling that revival, enhancing our competitiveness and creating long-term value for Ford shareholders.”
This year, Ford expects to accelerate and launch businesses in the following areas:
To support this shift to innovation and delivery at speed, the company today is announcing an agreement to acquire Autonomic, a Palo Alto, California-based technology company that specializes in scale, architecture and leverage for transportation industry solutions.
Ford’s acquisition of Autonomic will accelerate the automaker’s mission to establish the Transportation Mobility Cloud platform and support its plans to scale up other key mobility initiatives, including the drive toward full connectivity, Chariot and non-emergency medical transportation. In addition to being able to fully capture the value created by this platform, Ford also will benefit from the Autonomic team’s capabilities in creating and incubating new mobility businesses, as well as relationships that will further improve Ford’s access to top technology talent.
Ford also is announcing the acquisition of TransLoc, a Durham, North Carolina-based provider of demand-response technology for city-owned microtransit solutions. Acquiring TransLoc allows Ford to leverage its operational expertise, network of city relationships, and proven track record of providing solutions to cities globally that can improve the rider experience with dynamic routing.
The terms of these acquisitions are not being disclosed.
“As we deliver on our commitment to provide solutions for cities’ transportation challenges, an important part of our process is to determine whether to build, buy or partner the capabilities required,” said Klevorn. “We believe the integration of the technology and talent from Autonomic and TransLoc into our Mobility team will further bolster our ability to deliver robust solutions for personal owners, fleet operators and cities, with speed and at scale.”
Ford also is announcing the reorganization of the teams developing and scaling mobility solutions. Building on the successful integration of Ford’s data and analytics group and information technology team into Ford Mobility under the leadership of Klevorn, the reorganization will establish four new groups focused on mobility products, services and businesses. The new groups are:
These new teams will benefit from Ford’s ongoing investment in and work with Pivotal. They will also benefit from learnings from the 2017 implementation of product teams, a structure common in software companies and used in FordLabs – the automaker’s four software development and implementation operations in the United States, the United Kingdom and India.
With the new organization, several leadership appointments also are being announced:
“2018 is the year Ford Mobility moves from foundation building to product and service delivery, and we are acting decisively to ensure our teams are set up for success,” said Klevorn. “The acquisitions of Autonomic and TransLoc, together with the new organization will enable faster innovation incubation and product development times, as well as increase the group’s ability to scale and create value for our shareholders.”
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, as well as connected services. Additionally, Ford is establishing leadership positions in mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 182,000 people worldwide. More information about the company, its products and Ford Credit is available at corporate.ford.com.