Ford CEO Expects 'Solid' Auto Market, Doesn't See Signs of Recession

Ford is investing $15 billion in electric and driverless cars. CEO Jim Hackett discusses Ford's performance, noting challenges due to an aging product line but highlighting a major refresh. Economic factors like interest rates and trade conflicts impact the business, but the economy is stable. Ford plans a significant restructuring, including $11 billion earmarked for changes, especially in Europe, to address long-standing issues and adapt to market conditions.

What is the significance of the investment towards electric and driverless cars mentioned in the interview?

What impact did Brexit have on Ford's business model according to Jim Hackett?