agent Entrepreneur logo
MenuMENU
SearchSEARCH

Ford Likely to Exceed Pledge to Hire 12,000 Workers by 2015

May 1, 2014
2 min to read


Via Bloomberg


Ford Motor Co., boosted by record profits in North America, is likely to hire more than the 12,000 new workers that it promised in its 2011 contract with the United Auto Workers, according to its top American executive.

Ad Loading...


“The business has grown faster than we predicted it would in 2011,” Joe Hinrichs, Ford’s president of the Americas, said in an interview yesterday. The company’s hiring “is definitely ahead of schedule and there’s a high probability we’ll overshoot” the 12,000 hourly jobs it committed to create in the 2011 contract.


The second-largest U.S. automaker said yesterday it hired 2,000 new workers at its Claycomo, Missouri, factory, where it is investing $1.1 billion to add production of the Transit cargo van to the F-series trucks the plant also builds. Ford said it now has completed about 75 percent of its commitment to hire 12,000 workers by 2015.


The company has said it employed 84,000 workers in North America at the end of last year, up from 75,000 at the end of 2011, when it reached a four-year agreement with the UAW.


The hiring helps lower Ford’s labor costs since new hires are paid slightly more than half the $27 an hour veteran workers make. More than one-in-five Ford U.S. hourly workers now make the lower wage, Hinrichs said, including 26 percent of the workers in Claycomo.


Record Profit

Ad Loading...


“The 2,000 new jobs and hiring we’ve done here has certainly increased the entry level percentage here, which lowers the blended costs of labor and overhead,” Hinrichs said by phone from the Claycomo plant. Lower wages paid to new workers “has been an important part of the more competitive cost structure in North America.”


Ford had a record pretax profit of $8.8 billion in North America last year on surging sales of F-series pickups, Escape sport-utility vehicles and Fusion family sedans. In the first quarter, Ford’s North American pretax profit fell to $1.5 billion, from $2.4 billion last year, as the automaker spends heavily to retool two F-series factories to prepare to produce a new aluminum-bodied version of the truck.


The automaker, based in the Dearborn, Michigan-based, is rolling out a record 23 new models worldwide this year, including a redesigned version of its 50-year-old Mustang sports car. The hiring buildup is connected to the product line overhaul, said Eric Lyman, vice president at auto researcher TrueCar.


“They’re about to re-launch some of the defining vehicles for the Ford brand,” Lyman said. “That gives them the opportunity to reintroduce their products and their brand to the American consumer and get some momentum behind products that are so emotion-driven. People are passionate about Mustangs and trucks.”

More Industry

Two white men's shaking hands
Industry•October 15, 2026

Penske Auto Group Deal a Record

The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.

Read More →
Rows of cars parked in exterior lot
Industry•by Hannah Mitchell•October 8, 2026

War Toll a Damper on Used Auto Prices

Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.

Read More →
Mechanic cleaning interior of engine
Industry•by Lauren Lawrence•October 8, 2026

Bridge the Maintenance Gap

With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.

Read More →
Ad Loading...
Ford F-150 truck rounding a curve
Industry•by Hannah Mitchell•October 1, 2026

California Store Has New Owner

The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.

Read More →
crane lowering a pipeline into the ground
Industry•by Lauren Lawrence•October 1, 2026

BMW Plant Pursues Cleaner Energy

BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.

Read More →
Two dodge cars outside of dealership.
Industry•by Lauren Lawrence•September 17, 2026

Auto Affordability Inches Up

The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.

Read More →
Ad Loading...
Five men smiling for photo in front of Honda car dealership.
Industry•by Lauren Lawrence•September 10, 2026

Ohio Auto Group Under New Ownership

After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.

Read More →
Blue and white RV parked on beach facing the ocean.
Industry•by Lauren Lawrence•September 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industry•by Hannah Mitchell•September 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Ad Loading...
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industry•by Lauren Lawrence•August 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...