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Ford Readying Wave of New Products, Says CEO Hackett

Automaker agrees to pay $10 mil to settle harassment claims.

by on Aug.17, 2017

Prior to joining Ford, Jim Hackett was Steelcase CEO and served as Interim U-Michigan Athletic Director.

While Ford has won praise for its push into autonomous vehicles, car-sharing and other futuristic mobility programs, it has also been criticized for a lack of new products today, something CEO Jim Hackett said the Detroit carmaker is addressing.

In an interview with the Associated Press, the former Steelcase chief executive – who took over at Ford following a management shake-up in May – say there is plenty “in the hopper,” though he declined to offer details on what new products are coming. Ford has revealed plans to revive its Bronco SUV and Ranger pickup nameplates, but critics say the carmaker also needs to revitalize its mainstream passenger car and luxury line-ups.

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Separately, Ford confirmed Thursday that it will pay up to $10.1 million to settle sexual and racial harassment allegations linked to its two Chicago-area factories. It also will add new training programs for workers at those plants.

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