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FORD ON THE MOVE

 FORD ON THE MOVE
 DEARBORN, Mich., Oct. 6 /PRNewswire/ -- Ford Motor Company


(NYSE: F) never met a time zone it didn't like.
 Ford today announced major initiatives on three continents, including further details on several new products, a new European safety system and the opening of an office in China.
 "During the last 10 years, Ford invested more than $45 billion in new plants and products -- more than we invested during the entire previous history of the company," Allan D. Gilmour, Ford executive vice president, will tell a gathering of journalists in Paris this evening. "And we're accelerating our investment to an even higher rate through the end of this decade."
 -- In Paris, the company announced plans for a European-engineered driver- and passenger-side air bag supplemental restraint system. The system will be integrated into Ford's future European cars as they are introduced, starting with the next major launch, a new 1993 mid-sized sedan.
 -- In Wixom, Mich., the company began production of the Lincoln Mark VIII, a new model in the historic series that dates back to the original Continental introduced in 1939.
 -- In St. Paul, Minn., the company's Twin Cities Assembly Plant started production of the redesigned Ford Ranger pickup truck which leads its segment in sales. The new truck, which also went into production yesterday at the company's Edison (N.J.) Assembly Plant, also is being produced at the Louisville Assembly Plant.
 -- In Dearborn, the UAW and Ford celebrated a decade of partnership as the UAW-Ford Education, Development and Training Program marked its 10th anniversary. The joint program is recognized around the world as a leader in the design, development and delivery of educational programs for an industrial work force.
 -- Meanwhile, in the Chinese capital city of Beijing, Ford announced the opening of a company office designed to support possible components manufacturing in China, and to discuss other potential relationships between Ford and Chinese business agencies. China recently bought 3,010 Ford U.S.-built Tempo compact cars.
 In the United States, Ford confirmed it was the only major manufacturer to report increases in both car and truck market share for the 1992 model year. Ford's share of the car market for 1992 was 21 percent, up 0.9 of a point, and its truck share was 29.8 percent, up 1.1 points.
 -0- 10/6/92
 /NOTE: Separate releases on these stories follow. CONTACT: John W. Spelich of Ford, 313-322-9600/
 (F) CO: Ford Motor Company ST: Michigan IN: AUT SU:


DH -- DE009 -- 6946 10/06/92 09:57 EDT
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Publication:PR Newswire
Date:Oct 6, 1992
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