Thursday, January 28, 2010

Ford Motor Co. stabilizes after years of cuts, may see growth and add jobs

For years, Ford Motor Company, headquartered in Dearborn, has been slashing everything from employees to product lines.

However, recent signs point to the auto company’s stabilization and possible growth.

As Ford’s market share is rising again, consumer spending is beginning to increase and some of the company’s competitors – namely Toyota, which recently had to recall vehicles – are struggling, Detroit Free Press columnist Tom Walsh predicts the company is “poised to grow.”

According to the Free Press, Ford is not predicting an overall employment increase. However, the company announced this week the addition of 1,200 jobs in Chicago to assemble the new Explorer SUV, and the Free Press reported the company plans to add 1,000 workers in Michigan by 2012 to build electric and hybrid cars and battery packs.

To read Walsh’s full column, follow this link:

No comments:

Post a Comment