8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report: February 14, 2023

(Date of earliest event reported)

FORD MOTOR COMPANY

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

1-3950		38-0549190
(Commission File Number)		(IRS Employer Identification No.)
One American Road
Dearborn,	Michigan	48126
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 313-322-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

    (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

    (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $.01 per share	F	New York Stock Exchange
6.200% Notes due June 1, 2059	FPRB	New York Stock Exchange
6.000% Notes due December 1, 2059	FPRC	New York Stock Exchange
6.500% Notes due August 15, 2062	FPRD	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

Ford Motor Company’s news release dated February 14, 2023 is filed as Exhibit 99 to this Report and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

EXHIBITS*

Designation	Description	Method of Filing
Exhibit 99	News release dated February 14, 2023	Filed with this Report
Exhibit 104	Cover Page Interactive Data File	**
	(formatted in Inline XBRL)

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		FORD MOTOR COMPANY
		(Registrant)
Date: February 14, 2023	By:	/s/ David J. Witten
		David J. Witten
		Assistant Secretary

*	Any reference in the attached exhibit(s) to our corporate website(s) and/or other social media sites or platforms, and the contents thereof, is provided for convenience only; such websites or platforms and the contents thereof are not incorporated by reference into this Report nor deemed filed with the Securities and Exchange Commission.
**	Submitted electronically with this Report in accordance with the provisions of Regulation S-T.

EX-99

NEWS For news releases, related materials, photos and video, visit www.fordmedia.eu or www.media.ford.com. Follow http://www.twitter.com/FordNewsEurope or www.youtube.com/FordNewsEurope www.youtube.com/FordNewsEurope www.twitter.com/FordNewsEurope Ford Takes Next Steps to Transform European Business; Aligns Organization and Product Portfolio to Rapidly Changing Industry and Market Conditions • Ford Europe is preparing its organization and product line-up to compete and win in a highly competitive region that is facing significant economic and geo-political headwinds • The company is taking action to restructure its business in Europe, creating a leaner, more competitive cost structure, including the elimination of 3,800 jobs over the next three years • Plans will enable a future for Ford in Europe defined by a new line-up of iconic vehicles inspired by Ford’s American heritage and differentiated through software and services • Strategy to offer an all-electric fleet in Europe by 2035 is unchanged. Production of Ford’s first European-built electric passenger vehicle is set to start later this year COLOGNE, Germany, Feb. 14, 2023 – Ford in Europe today announced it is taking the next steps in the transformation of its business, responding to rapidly changing market conditions and a growing field of electric vehicle competitors entering the market. The company today outlined actions that will revitalize its business in Europe and will enable Ford to profitably compete with a new line-up of iconic passenger vehicles, while also extending Ford Pro’s position as the best-selling brand in the commercial vehicle sector. “We are completely reinventing the Ford brand in Europe. Unapologetically American, outstanding design and connected services that will differentiate Ford and delight our customers in Europe”, said Martin Sander, General Manager of Ford Model e in Europe. “We are ready to compete and win in Europe. Our first European-built electric passenger vehicle is being introduced this spring and will surely turn heads.” The actions announced today align Ford’s product development organization and administrative functions in Europe, with a smaller, more focused, and increasingly electric product portfolio. The plans include the elimination of approximately 3,800 jobs, creating a leaner, more competitive cost structure for Ford in Europe. Ford will now engage in consultation with its social partners across Europe with the intent to achieve the reductions through voluntary separation programs. “Paving the way to a sustainably profitable future for Ford in Europe requires broad-based actions and changes in the way we develop, build, and sell Ford vehicles. This will impact the organizational structure, talent, and skills we will need in the future,” said Martin Sander, General Manager of Ford Model e in Europe.

For news releases, related materials, photos and video, visit www.fordmedia.eu or www.media.ford.com. Follow http://www.twitter.com/FordNewsEurope or www.youtube.com/FordNewsEurope 2 By 2025, Ford plans to resize its European engineering footprint, resulting in 2,800 fewer jobs. These changes are driven by the transition to fully electric powertrains and reduced vehicle complexity. Ford will maintain an engineering organization of approximately 3,400 roles in Europe, focused on vehicle design and development, as well as the creation of connected services. Additionally, a leaner cost structure will be created for Ford’s administrative, marketing, sales and distribution functions in Europe, which includes the elimination of approximately 1,000 positions. “These are difficult decisions, not taken lightly. We recognize the uncertainty it creates for our team, and I assure them we will be offering them our full support in the months ahead. We will engage in consultations with our social partners so we can move forward together on building a thriving future for our business in Europe,” Sander said. Meeting customer expectations in a connected world Ford’s transformation is designed to continue to deliver on our customers’ expectations of outstanding vehicle design and quality and increasingly serve customers with connected vehicle technology and services. Ford is the number one commercial vehicle brand in Europe, leading the industry for the past eight years. To meet the evolving needs of commercial customers around the globe, Ford has established a global commercial vehicle Centre of Excellence in Dunton, UK, focused on helping businesses accelerate productivity and sustainability with a range of world-class all- electric vehicles supported by Ford Pro’s ecosystem of software and services. Ford in Europe will also continue to invest in the design and development of electric passenger vehicles, meeting consumer demand while at the same time targeting carbon neutrality across its European facilities, logistics and key suppliers by 2035. “We are committed to our customers in Europe. Ford is focused on delivering an exceptional customer ownership experience, with outstanding digital services and connectivity, ensuring their daily mobility needs are exceeded,” said Sander. Summary of affected jobs across Europe1: Product Development Administrative Functions Total Germany 1700 600 2300 UK 1000 300 1300 Rest of Europe 100 100 200 Total 2800 1000 3800 1 Subject to consultation

For news releases, related materials, photos and video, visit www.fordmedia.eu or www.media.ford.com. Follow http://www.twitter.com/FordNewsEurope or www.youtube.com/FordNewsEurope 3 Background: Globally Ford is investing over $50 billion in EVs through 2026, this includes various European manufacturing announcements made in 2022: In December 2022, we announced a further £125 million investment into the Halewood Plant, UK, taking total investment to almost £380 million. Link In July 2022, Ford Otosan took over ownership of Ford’s manufacturing operations in Craiova, Romania, boosting electric and commercial vehicle capacity. Link In June 2022, we announced that our plant in Valencia, Spain, is best positioned to produce passenger vehicles based on a next-generation electric vehicle architecture. Link In April 2022, Ford Otosan, Ford’s JV in Türkiye started production of the new E-Transit Link, and production of the all-new Transit and Tourneo Custom including all-electric versions will start this year Link. In March 2022, we announced a $2 billion investment into the Cologne site, where the first EVs will roll off the production line later this year. Link # # # Ford, a global American brand woven into the fabric of Europe for more than 100 years, is committed to freedom of movement that goes hand-in-hand with looking after the planet and each other. The company’s Ford+ plan, with Model e, Ford Pro and the Ford Blue business units is accelerating its European transformation to an all-electric and carbon neutral future by 2035. The company is driving forward with bold, new EVs, each one designed with European drivers in mind and innovating with services to help people connect, communities grow, and businesses thrive. Selling and servicing Ford vehicles in 50 individual European markets, operations also include the Ford Motor Credit Company, Ford Customer Service Division and 14 manufacturing facilities (eight wholly owned and six unconsolidated joint venture facilities) with four centres based in Cologne, Germany; Valencia, Spain and at our joint venture in Craiova, Romania and Kocaeli, Türkiye. Ford employs approximately 34,000 people at its wholly owned facilities and consolidated joint ventures and approximately 54,000 people including unconsolidated businesses across Europe. More information about the company, its products and Ford Credit is available at corporate.ford.com. Contact: Michael Baumann Rella Bernardes Ford of Europe Ford of Europe +49 (0) 152 5495 2780 +49 (0) 171 975 1593 mbauman9@ford.com rgiurici@ford.com

XML

Document	Feb. 14, 2023
Document Information [Line Items]
Amendment Flag	false
Document Type	8-K
Document Period End Date	Feb. 14, 2023
Entity Registrant Name	FORD MOTOR CO
Entity Incorporation, State or Country Code	DE
Entity File Number	1-3950
Entity Tax Identification Number	38-0549190
Entity Central Index Key	0000037996
Entity Address, Address Line One	One American Road
Entity Address, City or Town	Dearborn,
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48126
City Area Code	313
Local Phone Number	322-3000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	F
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
FPRB [Member]
Document Information [Line Items]
Title of 12(b) Security	6.200% Notes due June 1, 2059
Trading Symbol	FPRB
Security Exchange Name	NYSE
FPRC [Member]
Document Information [Line Items]
Title of 12(b) Security	6.000% Notes due December 1, 2059
Trading Symbol	FPRC
Security Exchange Name	NYSE
FPRD
Document Information [Line Items]
Title of 12(b) Security	6.500% Notes due August 15, 2062
Trading Symbol	FPRD
Security Exchange Name	NYSE