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Ford of Canada: Business Results 2000

Ford of Canada Announces 2000 Results

OAKVILLE, Ont. - Ford of Canada benefited from improved vehicle sales and engine production in 2000, although car and truck output did not sustain the record pace established in 1999. As a result, sales revenues from Ford's Canadian operations totaled $24.6 billion* in 2000, down 5.4 percent compared to $26 billion* in 1999.

"Ford of Canada's operational highlights included 283,000 new car and truck sales in 2000, making it the second-best sales year since 1989. As well, our Windsor-based engine plants produced a record 1.5 million engines," noted Bob Girard, Ford of Canada's Vice President, General Sales. "Last year, three of Canada's top-five best selling vehicles were Fords, including F-Series, Windstar and Focus, " he added.

He said Ford invested significantly in its Canadian operations during 2000, including a new business support centre for Ford Credit in Edmonton, and, in Ontario, the initial phase of a new paint facility at St. Thomas Assembly Plant, plus the start of a combined 70,200 m2 (780,000 ft2) expansion of two engine plants in Windsor.

Windsor Engine Plant and Essex Engine Plant produced 1,511,000 million engines last year, a new record and a nearly two percent increase over 1,484,000 engines in 1999. Windsor Engine produces the Ford "Triton" series of engines - including the award-winning Triton V-8 2V and V-8 Supercharged engines - while Essex Engine produces V-6 powerplants for such popular models as Mustang, Windstar, F-Series and Econoline.

During 2000, Ford's vehicle assembly plants combined to produce 630,000 cars and trucks, compared to an all-time record 686,000 in 1999 - an 8.2 percent reduction.

Specifically, Ontario Truck Plant produced 114,000 F-Series pickups in 2000, the same amount it made in 1999; Oakville Assembly Plant produced 280,000 Windstar minivans for sale in over 50 countries - 8.5 percent fewer than in 1999, and at St. Thomas Assembly Plant, 236,000 Ford Crown Victoria and Mercury Grand Marquis full-size luxury sedans were produced, off 13.5 percent compared to 1999.

Ford of Canada's profit information is incorporated in the consolidated reporting by Ford Motor Company, which is also being released today.

Ford of Canada's central and regional offices, vehicle assembly and engine manufacturing plants, and affiliate companies such as Jaguar, Volvo and Land Rover, employ more than 16,000 people. In the past decade Ford's Canadian operations have attracted more than $7 billion in new investment. There are 543 Ford and Ford-Lincoln dealerships in all provinces and two territories, which employ more than 21,500 people.

(* These 1999 and 2000 revenue figures reflect Ford's Canadian-based operations, and do not include Ford of Canada's ownership of companies including Ford of Australia, Ford of New Zealand and Ford Lio Ho Taiwan).

Source: Ford Motor Company

 (Jan. 18, 2001)


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