Ford to Drive Growth in 2014 with Additional Jobs, Three New Worldwide Plants and 23 Global Product Launc

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Ford in 2014 will launch the most vehicles globally in a single year than in more than a century

To support its aggressive growth strategy, Ford is set to open two manufacturing facilities in Asia Pacific and one in South America

Ford to add more than 5,000 new U.S. jobs – including 3,300 salaried positions – in 2014 on top of more than 14,000 new hires in the past two years to support its growth momentum

Two new fuel-efficient EcoBoost® engines added to lineup, boosting total offerings to six

Fuel efficiency technologies, such as Auto Start-Stop, will spread to the company’s highest-volume products, covering 70 percent of Ford’s North America volume

Ford Motor Company next year will launch 23 new vehicles to customers around the world, open three more manufacturing facilities and add more than 5,000 new jobs in the United States to meet growing demand for its products.

“Next year, we are embarking on our most ambitious global launch year ever to meet customer demand for our products around the world,” said Raj Nair, group vice president, Ford global product development. “We are investing even more through our One Ford plan to serve more customers, in more segments – and deliver profitable growth.”

The growth in 2014 will come on the heels of a strong year for Ford in 2013. The company saw growth due to having the freshest product lineup in the industry while adding more jobs. Ford expects its global launches next year to more than double those of 2013.

Ford is on pace in 2013 to produce 6 million vehicles, or about 16 vehicles per minute around the world. This momentum is led by Ford Focus, the world’s best-selling single nameplate, which is on track to reach 1.1 million sales this year.
Complete article :http://corporate.ford.com/news-cente...rldwide-plants

[GasoLane]

As that was an article from last year how much is on track I wonder ?

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Originally Posted by GasOLane

As that was an article from last year how much is on track I wonder ?

April 25th.Ford Posts First Quarter 2014 Pre-Tax Profit of $1.4 Billion, Net Income of $989 Million; Global New Product Launches on Track+
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First quarter pre-tax profit of $1.4 billion, a decrease of $765 million compared with a year ago; after-tax earnings per share of 25 cents, excluding special items; 19 th consecutive profitable quarter


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First quarter net income of $989 million, or 24 cents per share, a decrease of $622 million compared with a year ago, including pre-tax special item charges of $122 million


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Solid results overall; quarter adversely impacted by several significant factors not representative of underlying business run rate


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Automotive operating-related cash flow of $1.2 billion. Ford ended first quarter with Automotive gross cash of $25.2 billion, exceeding debt by $9.5 billion, and a strong liquidity position of $36.6 billion


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Wholesale volume and revenue both increased from a year ago, with continued market share gains in Asia Pacific, driven by record market share in China


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Asia Pacific reported record profit for any quarter; North America and Middle East & Africa were profitable; Europe reduced its loss by more than half and South America incurred a larger loss compared with a year ago


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Ford Credit once again delivered solid results


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Ford affirms its full-year pre-tax profit guidance of $7 billion to $8 billion as it launches 23 new global vehicles, the most in a single year in its history; Automotive revenue to be about the same as last year; Automotive operating margin to be lower; and Automotive operating-related cash flow to be positive but substantially lower than 2013
http://corporate.ford.com/our-compan...pre-tax-profit