"These moves will drive clarity and simplicity across Ford, so we can significantly ramp up our capabilities and combine them with businesses that are focused on the needs of different customers," said CEO Jim Farley. "We now have the right people with the right talent in the right places to give our customers products, services and value they can't get anywhere else," Farley added. The latest development comes right after the warning issued by Bill Ford, the executive chair of Ford Motor, for the potential impact of the continuing strike threatens not only Ford's future but also that of the broader American automotive industry.