Jobs promise
The F-Series’ long history of success looks to be a trend that will continue. Last month, F-Series sales were up 24% versus the prior year, and for the year they’re up 19%. The full-size-truck segment is the fastest growing this year and has expanded three times faster than the industry average. Ford’s plant in Kansas City, Mo., will add more than 2,000 jobs to support the high demand for the F-Series, and more than half of those jobs will be entirely new hires.
This is part of a continuing trend for Ford. The automaker has pledged to create at least 12,000 jobs in the U.S. by 2015 – a goal it’s already reached 75% of.
Lower overhead
Investors also have reason to cheer this development. In the third quarter, Ford will be adding 900 jobs for a third-shift crew to help assemble the F-Series. That’s a great development, because the third-shift crew will lower overhead and allow every single F-Series truck to roll off the lineĀ Continue reading