Ford Motor Co. (F:US) plans to add 11,000 jobs in the U.S. and Asia in 2014, with more than half of those hires coming in the latter region where the company is scheduled to open two factories.
Ford plans to hire about 6,000 people in Asia, most of them as hourly employees, according to a statement yesterday. The automaker is on track to open its Changan Ford Assembly Plant No. 3 and Changan Transmission Plant in Chongqing, China, in 2014, the company said.
Ford’s Asia Pacific Africa unit sold its 1 millionth vehicle of the year in October, the Dearborn, Michigan-based company said. The automaker is on pace for 6 million sales globally in 2013.
“With more products, plants and people, in 2014 we will take another significant step in the implementation of our Asia Pacific growth plan,” Dave Schoch, president of Ford Asia Pacific, said in the statement.
Ford will add 5,000 jobs in the U.S. to maintain its momentum after gaining more market share there than any other automaker this year.
More than half of the new U.S. hires will be salaried technical professionals to support Ford’s plan to introduce 16 new vehicles in North America next year. 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.”
Among the U.S. hires, 3,300 will be salaried, with more than 80 percent of those being positions in information technology, manufacturing, quality and product development, Ford said in the statement.
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 (F:US) by introducing almost identical global vehicles rather than disparate regional versions.
Ford fell 0.1 percent to $16.39 at the close in New York yesterday. The shares (F:US) have gained 27 percent this year, as the Standard & Poor’s 500 Index advanced 24 percent.
To contact the reporter on this story: Craig Trudell in Southfield, Michigan at email@example.com
To contact the editor responsible for this story: Jamie Butters at firstname.lastname@example.org