Ford’s ‘radical’ move to split the company won’t come easy
Photo by Amelia Holowaty Krales / The Verge Ford's decision to divide its business into two separate entities - one focused on electric vehicles and the other on gas-powered ones - may complicate the automaker's efforts to recruit top-tier talent and could risk upsetting dealers already chafing under the shift to electrification, auto analysts and experts said Wednesday.
Ford also isn't going so far as to spin off its EV divisions entirely as a separate business, as some major Wall Street banks advised. The automaker's share price could suffer as a result. By keeping both divisions within the same company, Ford is entwining their fates. Ford Model E won't succeed without the profits and efficiencies created under Ford Blue.
On Wednesday, Ford announced the creation of two...