Ford 2004 Annual Report Download - page 97

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9 5
EMPLOYMENT DATA
The number of on-roll employees we employed in consolidated entities (including entities we do not control), by business unit, at
December 31, 2004 and 2003 was:
As shown in the employment data above, from December 31, 2003 to December 31, 2004, the number of people we employ
decreased approximately one percent. This decrease primarily reflects capacity reductions and improved manufacturing
efficiencies in North America and Europe, offset partially by the addition of newly consolidated European dealerships and
our expanding business in South America, Asia Pacific and at Hertz. The employment numbers in the table above exclude
approximately 17,700 hourly employees of Ford who are assigned to Visteon Corporation (“Visteon”), our largest supplier,
and, pursuant to our collective bargaining agreement with the International Union, United Automobile, Aerospace and
Agricultural Implement Workers of America (the “UAW”), remain Ford employees. Visteon reimburses us for most of the costs
associated with these employees.
2004 2003
Automotive sector
The Americas
Ford North America 122,877 130,174
Ford South America 12,222 10,102
Ford Europe and PAG
Ford Europe 69,149 68,340
Premier Automotive Group 50,403 52,347
Ford Asia Pacific and Africa 21,378 17,946
Financial Services sector
Ford Motor Credit Company 17,424 19,270
The Hertz Corporation 31,398 29,347
Other Financial Services 13 5
Total 324,864 327,531