from Reuters: Technology News http://ift.tt/2fIhsY6
Ford to cut costs $14 billion, invest in trucks, electric cars: CEO
DETROIT (Reuters) - Ford Motor Co plans to slash $14 billion in costs over the next five years, Chief Executive Officer Jim Hackett told investors on Tuesday, adding that the No. 2 U.S. automaker would shift capital investment away from sedans and internal combustion engines to develop more trucks and electric and hybrid cars.
from Reuters: Technology News http://ift.tt/2fIhsY6
from Reuters: Technology News http://ift.tt/2fIhsY6
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