Friday, January 11, 2013

Car sales boom is revving up hiring: Ford adding 2,200 jobs, GM to hire 1,000

epa02475374 Ford employee Dallas Metz inspects a 2011 Ford Explorer on the assembly line at the Ford manufacturing plant in Chicago, Illinois, USA 01 December 2010. The plant produces the Explorer, Taurus and Lincoln MKS.  EPA/TANNEN MAURY

TANNEN MAURY/EPA

A Ford employee inspects an Explorer on the assembly line at a Ford manufacturing plant in Chicago.

The auto industry?s turnaround is turning into jobs.

Ford said on Friday it?s going on its biggest white-collar hiring spree in a decade as it ramps up production.

The No. 2 U.S. automaker behind General Motors said it would bring on 2,200 new workers this year, mainly in areas like product development and information technology.

?As we expand our product lineup of fuel-efficient vehicles, we need more people in critical areas,? Joe Hinrichs, Ford president of The Americas, said in a statement.

Strong car sales have been helping the auto industry heal after the recent financial crisis sent the industry into a tailspin and prompted a government bailout.

Ford said it is more than halfway to the 12,000 new U.S. jobs it said it would create as part of its contract with the United Auto Workers.

?Right now, there?s a lot of positive momentum with Ford,? Morningstar analyst David Whiston told the Daily News.

A stock dividend increase earlier this week, combined with the hiring announcement signals ?that management expects more meaningful profit improvement ahead,? Whiston said.

The news came just a day after rival General Motors said it would hire 1,000 software engineers and other tech experts to staff one of its ?Innovation Centers? in the Atlanta area.

Last year, GM vowed it would hire as many as 10,000 computer professionals in the next three to five years as it brings more of its technology development back in-house. The Georgia facility is one of four such centers that GM has in the works.

elazarowitz@nydailynews.com

Source: http://feeds.nydailynews.com/~r/nydnrss/home/~3/nnTPeUYTk5s/story01.htm

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