December 6, 2004

Ford of Canada names new President

Oakville, Ontario – Ford Motor Company of Canada announced the appointment of Joe Hinrichs as president and CEO, effective January 1, 2005, replacing Alain Batty who has been named director of European sales staffs, Ford of Europe. Hinrichs is currently the director of manufacturing at Ford Motor Company.

“Joe brings a wealth of experience to Ford of Canada as a strong business leader and operational expert,” said Anne Stevens, group vice president, Canada, Mexico and South America, Ford Motor Company. “As a key player in our product creation process, he has in-depth knowledge of the unprecedented wave of new vehicles now arriving at Canadian showrooms.”

Hinrichs, 37, joined Ford four years ago and has held a variety of roles in vehicle manufacturing, materials planning and logistics, and powertrain operations. Prior to joining Ford, Hinrichs served as partner and senior vice president for Ryan Enterprises Group, where he ran a tier-one automotive supplier, and spent 10 years at General Motors where at 29 he became the youngest plant manager in GM’s recent history.

“I want to personally thank Alain for his unwavering commitment to the success of Ford in Canada. Under his leadership, the company has strengthened its dealer relations, achieved record levels of customer satisfaction and secured a $1 billion investment to bring flexible manufacturing to the Oakville Assembly Plant,” Stevens said.

Batty, a French national with strong family ties in Canada, is a 27-year Ford employee whose career has spanned four continents, including roles as the president of Ford Russia and the Commonwealth of Independent States (CIS), executive director of the 14-nation Asia-Pacific region, general sales manager in France, and managing director of Ford operations in Spain, Portugal, Belgium and Luxembourg.

Ford of Canada’s operations include a national headquarters, six regional offices, five vehicle assembly and engine manufacturing plants, two parts distribution centres, and affiliates including Ford Credit, Jaguar, Volvo, Land Rover and Hertz. Ford of Canada employs nearly 16,000 people, while an additional 21,000 are employed in 500 Ford and Ford-Lincoln dealerships across Canada. In 2003, revenues for Canadian operations were $20.8 billion, making Ford of Canada one of the country’s largest privately held companies.

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