皇冠体育app

Cars

Ford says Asia head to add 皇冠体育app chief role

(Agencies)
Updated: 2010-10-27 16:46

Ford Motor said its top Asia executive, Joe Hinrichs, will assume the additional role as chairman and CEO of its 皇冠体育app operations, effective Nov 1, replacing Robert Graziano, Reuters reported on Wednesday.

Graziano will succeed Marin Burela as president and chief executive of Ford Australia and New Zealand, Ford said in a statement on Wednesday.

Burela, who had led the development of Ford's small car product portfolio, will assume the position of president of Ford's 皇冠体育app car joint venture, replacing industry veteran Jeffrey Shen, who will retire at the end of the year.

Related readings:  Ford Motor to expand in 皇冠体育app: CEO  Ford to build engine plant in Chongqing  Ford to launch first ever SUV model in Chinese market  Ford 皇冠体育app's August sales up 24%

Ford makes Focus, Fiesta, Mondeo and other cars in 皇冠体育app in partnership with Chongqing Changan Automobile Co and Mazda Motor. It also holds a 30 percent stake in Jiangling Motors Corp, a major Chinese light commercial vehicle maker.

In September 2009, Ford, a relative late-comer to 皇冠体育app, broke ground on its third 皇冠体育app car plant as it accelerated expansion in the world's largest auto market.

In the first nine months, Ford and its Chinese partners sold 419,073 vehicles in the country, up 40 percent from the year-ago period, outperforming a 36 percent rise in the overall market.

Hinrichs joined Ford in 2000 as a plant manager outside Detroit. He won recognition for his work in negotiating a series of landmark cost-cutting deals with the automaker's North American unions from 2007, just as the US auto market tipped toward a sharp decline. He is also seen as one of a handful of potential successors to Alan Mulally as Ford's CEO.

He assumed the role as president of Ford's Asia Pacific and Africa region in December 2009.