On April 15, 2026, Ford Motor Company announced the creation of a new end‑to‑end organization called Product Creation and Industrialization, which will bring together the electric‑vehicle, digital‑and‑design, and industrial‑system teams under the leadership of Chief Operating Officer Kumar Galhotra.
The move is a key lever in Ford’s Ford+ plan, which targets an 8% adjusted EBIT margin by 2029. The new structure is designed to accelerate the rollout of the Universal Electric Vehicle (UEV) platform and other electrified models while improving cost efficiency and quality across the portfolio. The announcement also noted that former chief EV, digital and design officer Doug Field will leave the company next month, underscoring a shift toward a leaner, more integrated operating model.
"This is the culmination of years of work and progress to create the modern Ford – a talented, unified organization capable of scaling high‑quality, software‑defined vehicles with a choice of propulsion, distinctive digital experiences and features, and a personalized ownership experience that improves over time," said President and CEO Jim Farley. "The progress our teams have made in the past few years – from quality and cost to software delivery – has fundamentally reshaped the way we work and positioned Ford for a new era. By uniting advanced technology with industrial execution, we can make decisions faster, eliminate complexity, and deliver great vehicles and digital experiences with the quality and efficiency our customers and shareholders expect," added COO Kumar Galhotra. Field, in his departing remarks, said, "The product has reached a level of maturity where I am completely dependent on the experts at Ford—those who know how to bring it to a factory like Kentucky, run it at high volume, build it with the highest quality, and keep it affordable. That is really why this transition point is an opportune time for me to pass the baton and pass the torch."
Ford’s electric‑vehicle unit, Model e, recorded $4.8 billion in losses for the full year of 2025, and Chief Financial Officer Sherry House forecasted an additional $4 to $5 billion in losses for 2026. The new organization is intended to address these financial pressures by streamlining product development and manufacturing, thereby reducing the cost base and improving margin performance. Ford also plans to refresh 80% of its North American portfolio and 70% of its global portfolio by 2029, with the UEV platform underpinning a new mid‑sized electric pickup truck slated for launch in 2027.
The restructuring signals a strategic pivot from a technology‑centric approach to a manufacturing‑focused model that emphasizes operational efficiency and profitability. By consolidating engineering, design, and production under a single leadership umbrella, Ford aims to cut complexity, accelerate time‑to‑market, and achieve the targeted 8% adjusted EBIT margin. The move also reflects the company’s response to the significant losses in its EV division and the need to balance investment in electrification with disciplined cost management.
Investors have responded positively to the announcement, reflecting confidence in Ford’s renewed focus on profitability and streamlined operations.
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