Ford to Hire 5,000 in 2014 After U.S. Market Share Increases
Source: Bloomberg
By Craig Trudell - Dec 12, 2013
Ford Motor Co. (F) said it plans to add 5,000 jobs in the U.S. to maintain its momentum into 2014 after gaining more market share in its home country than any other automaker this year.
Ford also will introduce 16 new vehicles in North America next year, according to a statement today from the Dearborn, Michigan-based company. The payroll expansion will continue following the hiring of almost 6,500 people in 2013.
“We’ve always said we’re going to keep investing in the product,” Joe Hinrichs, Ford’s president of the Americas, told reporters in Dearborn. “The number of launches we have next year reinforces that.”
Ford boosted output of F-Series pickups and Fusion sedans this year as rising demand for those models paced a market share gain of 0.5 percentage point, according to researcher Autodata Corp. Chief Executive Officer Alan Mulally, 68, has posted 18 straight quarters of net income by introducing almost identical global vehicles rather than disparate regional versions.
Read more: http://www.bloomberg.com/news/2013-12-12/ford-to-hire-5-000-in-2014-after-biggest-u-s-market-share-gain.html
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