CEO Jim Farley vows Ford Motor will not split in two — previews restructuring

Ford CEO Jim Farley fed Wednesday what seemed to be an insatiable appetite among investor analysts clamoring to hear his latest thinking about the future of the 118-year-old automaker and whether he plans to create a second company for the rapidly evolving battery-electric vehicle business.

He stated unequivocally that recent speculation about Ford splitting its operation into two separate companies focused on traditional internal combustion engines and EVs was unfounded.

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