Tag: Ford Pro
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Ford｜Ted Cannis to Retire After 35-Year Ford Career; Andrew Frick Named Interim Ford Pro Leader
On September 12, 2024, Ford Motor Company announced that Ted Cannis will retire at the end of September after a 35-year career. Cannis led Ford Pro since 2021, building it into a high-growth and high-margin business. Andrew Frick, president of Ford Blue, will serve as interim leader, while Daniel Justo has been appointed vice president…
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Ford｜Maximizing Police Fleet Uptime with Ford Pro™ Telematics
On a winter night in Dane County, Wisconsin, Deputy Ben Kunde couldn’t avoid a crash due to icy road conditions. His Ford Police Interceptor® Utility SUV’s Ford Pro™ Telematics system automatically notified his team of the incident. Ford Pro™ Telematics collects vehicle data, including location and crash alerts, enabling the team to monitor the situation…
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Ford｜Ford Pro CFO to Highlight Software and Physical Services Growth at Goldman Sachs Communacopia + Technology Conference
Navin Kumar, CFO of Ford Pro, will discuss the growth opportunities in the commercial vehicle market, focusing on software and physical services, at the Goldman Sachs Communacopia + Technology Conference on September 10, 2024, in San Francisco. Kumar will outline how Ford Pro’s combination of propulsion options, software, and physical services delivers superior value to…
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Ford｜Ford Pro CFO to Discuss Ford’s Commercial Business at Morgan Stanley’s 12th Annual Laguna Conference
Navin Kumar, CFO of Ford Pro, will speak at Morgan Stanley’s 12th Annual Laguna Conference on September 12, 2024, in Dana Point, CA. Kumar will outline Ford’s commercial vehicle strategy, which integrates gas, hybrid, and electric vehicles, along with software and physical services to deliver exceptional value. He will also discuss how Ford Pro is…
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Ford｜Ford+ On Track For ’24 Profitability, Raises Cash Flow Outlook; Ford Pro Strength, Quality Gains, Hybrid Growth Highlight Q2
Ford Media July 24, 2024 Ford reported second-quarter revenue of $47.8 billion, net income of $1.8 billion, and adjusted EBIT of $2.8 billion. Ford Pro achieved quarterly EBIT of $2.6 billion with a 15% margin and a 9% revenue increase. Ford Blue’s hybrid sales grew 34%, representing nearly 9% of the global vehicle mix. Ford…