Bullish on Ford Stock? Jim Cramer Sees Chip Shortage Easing

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Jim Cramer likes Ford's  (F) - Get Ford Motor Company Report stock and has for a while now as he and his Action Alerts PLUS charitable trust have built a holding in the stock.

Ford named Franck Louis-Victor, former Renault executive, as the carmaker's new business platform team.

Louis-Victor, who left Renault as head of the French giant's new business development chief and global head of connected vehicles, will take over the company's Ford X incubator and its Autonomous Vehicles and Mobility business, which is currently being run by Scott Griffith, who will report to Louis-Victor. 

"We're accelerating development of disruptive technologies and focusing on being a leader in areas that enhance always- on relationships with customers and give them increasing freedom of movement," said Ford CEO Jim Farley. "Franck's got great experience that will help his team and Ford nurture new ideas through the start-up phase, with the best opportunities launched on their own or integrated into our business units." 

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