Ford blends operations

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Ford Motor Co. continues to fine-tune its Ford 2000 global restructuring. Alex Trotman, chairman-CEO, announced on Thursday that Ford will blend its component operations into a single, new organization to improve global competitiveness. Ford will also simplify its product development structure to three vehicle centers after Ford cuts its vehicle platforms by 50%.

Ford's board promoted Ed Hagenlocker from president-Ford Automotive Operations to vice chairman. Among other duties, he will oversee the new auto components unit, being moved from FAO. His successor will be Jacques Nasser, who was group VP-product development and also becomes an exec VP and chairman, Ford of Europe. Both men have been rumored to be Mr. Trotman's successor as chairman. The promotions are effective Nov. 1.

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