https://www.reuters.com/article/us-ford-motor-ceo/ford-to-cut-costs-14-billion-invest-in-trucks-electric-cars-ceo-idUSKCN1C82NL

Ford Motor Co plans to slash $14 billion in costs over the next five years, Chief Executive Officer Jim Hackett told investors on Tuesday, adding that the No. 2 U.S. automaker would shift capital investment away from sedans and internal combustion engines to develop more trucks and electric and hybrid cars.