Hyperdrive
Unhappy With Ford's Performance, CEO Looks to VW for Relief
- Hackett says competitor may build Ford-branded cars for Europe
- Carmaker is said to be on verge of expanding alliance with VW
This article is for subscribers only.
Ford Motor Co.’s Jim Hackett isn’t pleased with how things are going at the automaker he took charge of a year and a half ago. To afford the costly overhaul he’s embarking on, he’s on the verge of broadening an alliance with Volkswagen AG.
“I want to tell you, I’m not happy about Ford’s performance” in 2018, Hackett said in a Bloomberg Television interview on Sunday. “I mean, that should just be said.”