Less than two quarters into full deployment, the teams behind the Ford+ growth plan’s new customer-centered business segments are redefining customer value, while at the same time reducing cyclicality, improving capital efficiency, and generating profitable growth and strong free cash flow.

Ford President and Chief Executive Officer Jim Farley will discuss the opportunities and challenges of the global shift to electrification at a fireside chat at the Morgan Stanley Sustainable Finance Summit.

Progress and expectations for the Ford+ plan and how the company’s new, customer-centered, business segments drive value creation and growth will define Ford’s upcoming capital markets event.

According to Ford CEO Jim Farley, the first quarter of organizing around and running the company on behalf of distinct customer groups produced solid operating results and a glimpse of the promise of its Ford+ growth plan.

Ford Motor Company and Ford Motor Credit Company will release their first quarter 2023 financial results at 4:05 p.m. ET on Tuesday, May 2.

Ford Motor Company is investing C$1.8 billion in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada – a key part of the company’s plan to scale production of electric vehicles and make them more accessible to millions of customers.

Ford Motor Company has solidified its position as the No. 1 automaker in terms of vehicles assembled, hourly autoworkers employed in America and vehicles exported from America to other countries.

Ford, the No. 2 EV brand in the U.S. in 2022, is on track with construction at BlueOval City mega-campus and poised to usher in a new era of American innovation and manufacturing.

Ford has chosen a new senior leader to drive its rigorous and relentless pursuit of high quality, simplicity and low costs on behalf of customers and other stakeholders. John Dion will join the company as chief transformation officer on April 3, reporting to Ford CEO Jim Farley.

The United States Postal Service announced further details in its plans to electrify its nationwide fleet with Next-Generation Delivery Vehicles, including the purchase of 9,250 Ford E-Transit™ vans.