The company said Friday that it had created Ford Smart Mobility LLC and that former Steelcase CEO Jim Hackett had resigned from his spot on the Ford board to lead the new division as chairman.

Ford announced it has created a new subsidiary, Ford Smart Mobility, that will serve as an incubator for potential opportunities that range from ride sharing to fractional car ownership.

Ford sticks its toes deeper into car sharing and multimodal mobility with the announcement of its Smart Mobility program’s next phase. Both consumers and cities can use data from bike sensors ...

The subsidiary, called Ford Smart Mobility LLC, will be led by current Ford board member Jim Hackett, who is stepping down from the parent company’s board in the process. Hackett will report to ...

Ford Motor Co. said Friday that it is establishing a Silicon Valley-based subsidiary to build and invest in new mobility options like car-sharing and ride-hailing services. Ford Smart Mobility LLC ...

Shared electric scooters are popping up across American sidewalks faster than dandelions after a spring rain and Ford has been feeling left out. Smart Mobility LLC, the business unit of the ...

--(BUSINESS WIRE)--Ford Motor Company is announcing today the creation of Ford Smart Mobility LLC, a new subsidiary formed to design, build, grow and invest in emerging mobility services. Jim ...

Ford said it is creating a subsidiary called Ford Smart Mobility, which will focus on delivering new digital services. The unit's mandate is to deliver mobility services. Jim Hackett, former CEO ...

In its first-quarter earnings, Ford Motor reported it lost $102 million during the period on its Smart Mobility segment. During a January presentation to analysts the company said that segment ...

The companies didn't disclose how much Ford paid for Chariot. Chariot will join Ford's Smart Mobility program, a subsidiary launched in March that invests in transportation startups. Chariot is ...

Ford revealed a new subsidiary, Ford Smart Mobility, that will focus on developing new technology for autonomous vehicles, in-car connectivity and transportation services. Former Steelcase CEO and ...

The idea behind Ford Smart Mobility is to leave the Ford Motor Company to do what it does best: build and sell traditional cars and trucks. As for Ford Smart Mobility, it will work toward ...