The commercial vehicle industry has been struggling somewhat in the past few years, especially due to the fact that less people are looking to buy new commercial vehicles and are instead trying to maintain theirs so that they last for a long period of time. The fact that most people don’t have a lot of disposable income anymore also means that commercial vehicle manufacturers are focusing on producing vehicles that are reliable, only need cheap commercial vehicle insurance and are fuel efficient.
The decline in new registrations of commercial vehicles has also led to some manufacturers going into administration, such as General Motors and Chrysler who back in 2009 had to enter bankruptcy. GM also had to mortgage the entirety of Ford and shut 16 plants in order to save the company; however this did lead to many people losing their jobs. That’s why it is good news to hear that due to the fact that market for full-sized pick-ups is doing so well in America right now Ford are planning on adding a third crew to their factory in Kansas City which will consist of nine hundred people.
Discussing the move, Ford Motor executive vice president and president of The Americas, Joe Hinrichs, said: “Fullsize truck sales are growing three times as fast as the industry. There’s strong (economic) growth and housing starts are up.” Henrich also confirmed that Ford will be adding another one thousand members of staff to the Kansas City assembly plant in Claycomo, Missouri who will help with the production of Ford’s Transit vans. Out of the two thousand new jobs created almost half were given to those that had previously been made redundant back in 2009, with the other half being new hires.
Henrich added: “That exhausts all the laid-off employees, so growth will mean new jobs,” which shows that the company is looking forward to the future and is finally getting back on its feet. Furthermore, Ford will be pleased that they are fulfilling the promises they made to the United Auto Workers Union back in 2011 where they claimed they would create twelve thousand new jobs by 2015. So far it is estimated that Ford has already taken on nine thousand new employees, showing that they are well on their way to becoming the commercial vehicle giant they used to be.