Ford Motor Company is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom, and a 49% stake in Jiangling Motors of China. It also has joint-ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), Turkey (Ford Otosan), and Russia (Ford Sollers). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.
Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines; by 1914, these methods were known around the world as Fordism. Ford’s former UK subsidiaries Jaguar and Land Rover, acquired in 1989 and 2000 respectively, were sold to Tata Motors in March 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010. In 2011, Ford discontinued the Mercury brand, under which it had marketed entry-level luxury cars in the United States, Canada, Mexico, and the Middle East since 1938.
Ford is the second-largest U.S.-based automaker (behind General Motors) and the fifth-largest in the world (behind Toyota, VW, Hyundai-Kia and General Motors) based on 2015 vehicle production. At the end of 2010, Ford was the fifth largest automaker in Europe. The company went public in 1956 but the Ford family, through special Class B shares, still retain 40 percent voting rights. During the financial crisis at the beginning of the 21st century, it was close to bankruptcy, but it has since returned to profitability. Ford was the eleventh-ranked overall American-based company in the 2018 Fortune 500 list, based on global revenues in 2017 of $156.7 billion. In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide.
|Founded||June 16, 1903; 115 years ago|
|Headquarters||Dearborn, Michigan, U.S.|
|Related Automotive Companies:||Zipcar, Harley Davidson, Toyota, Volkswagen, Tesla, Tata Motors, Porsche|
External Environment Competition & It’s Variables The SUV & Light Truck industry is highly intense primarily because of changing consumer demands and international competition. The competition is both domestic and foreign with most of the foreign from Honda and Toyota. That being said, the industry is currently worth over 100 billion dollars and Ford is […]
In Business 300 Career Research Project, I have chosen General Motors and Ford Motor, because the headquarter of both companies is in Michigan state, which is quite familiar to me, and because of my love for automobiles. General Motors is situated in Detroit and Ford Motor is situated in Dearborn, Michigan. According to the Business […]
Part 1 Question A The main characters in this case study are the owners of Ford led by the president, Lee Iacocca. The president is more than determined to regain the market share that Ford enjoyed before the entry of other competitors and therefore he thinks of ways of recapturing their market share. Their market […]
During the Late 1960’s the Ford Motor Company was one of the leading auto manufactures in the United States. Ford was credited with revolutionizing the muscle car era of the 1950’s and 1960’s. During the mid 1960’s Lee Iacocca helped Ford establish itself in the late 1960’s with the introduction of the Ford Mustang. During […]
Ford Pinto Case Study Shannon Arrighi, Brad Collins, Chasity Mobley, and Tom Tumminelli University of Phoenix Ford Pinto Case Study Shannon—Introduction Faced With The Ethical Dilemma In this ethical dilemma the team agrees it would have been handled differently. Within our group it seems that there would be different opinions of how it would have […]
Ford Pinto Case John Fraughton Jr. Taylor Gray Brenda Greenwell Christopher Macintyre Leanne Marks University of Phoenix MGT 216 March 17, 2010 Table of Contents Introduction 3 Recommended Solutions and Supporting Information to the Ford Pinto Case 3 Traffic Safety and Accident Data 4 Ethical Opinion 5 Influences from External Social Pressures 5 Case Examined […]
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