The American automaker is going to split its auto business into two units — Ford Blue and Ford Model E. They will be housed under the same corporate umbrella.
The automaker says it is not yet clear how many people will lose their jobs. The cuts come during a time of turmoil for the car industry, as automakers invest heavily in new technology.
Michigan Central Station's crumbling halls have been the subject of much "ruin porn." Now the depot is likely to become home for the automaker's self-driving and electric car divisions.
Ford Motor Co. reported a $1.7 billion profit for the first quarter, but it's planning big changes — such as phasing out nearly all of its cars in favor of trucks and SUVs.
GM and the UAW kicked off contract talks Monday; Chrysler and Ford will do the same this month. Negotiations are never easy, but since industry bailouts in 2009, there's a stronger push to cooperate.
