Ford Motor Company (also known as simply Ford; NYSE: F) 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 luxury cars under the Lincoln brand. In the past it has also produced heavy trucks, tractors and automotive components. Ford owns small stakes in Mazda of Japan and Aston Martin of the United Kingdom. It is listed on the New York Stock Exchange and is controlled by the Ford family, although they have minority ownership.
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 since 1938.
Ford is the second-largest U.S.-based automaker and the fifth-largest in the world based on 2010 vehicle sales. At the end of 2010, Ford was the fifth largest automaker in Europe. Ford is the eighth-ranked overall American-based company in the 2010 Fortune 500 list, based on global revenues in 2009 of $118.3 billion. In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide.
Other articles related to "company, ford motor company, ford, motors, ford motor":
... Oberdan Sallustro, director-general of the Fiat Concord company in Argentina–which manufactured cars, rolling stock and power generators under licence from Fiat of Italy, the parent company–and an Italian ... On 21 May 1973, Luis Giovanelli, a Ford Motor Company executive, was killed and a female employee was wounded when machine-gunned by the ERP guerrillas in a kidnapping attempt that netted ... On 25 May, ERP guerrillas attempted to kill two Ford Motor Company executives but only wounded them ...
... Ford sponsors numerous events and sports facilities around the US, most notably Ford Center (now Chesapeake Energy Arena) in downtown Oklahoma City and Ford Field in downtown Detroit ...
... a collective bargaining agreement with the Briggs Manufacturing Company ... They had organized Chrysler and General Motors and they were having a significant amount of success with organizing the smaller parts suppliers and manufacturers, i.e ... The UAW had been working on organizing the Ford Motor Company employees for some time, then came May 26, 1937 and the UAW's clash with the Ford Motor ...
... In June 2007, Ford Motor Company announced its plan to sell Land Rover, along with Jaguar ... Ford retained the services of Goldman Sachs, Morgan Stanley and HSBC to advise it on the details of the deal ... private equity firm, Alchemy Partners, and the India-headquartered Tata Motors and Mahindra and Mahindra expressed interest in purchasing Jaguar and Land Rover ...
... In Detroit, one of Avery's pupils was a teenaged Edsel Ford the young Ford was taken with Avery's mechanical ingenuity ... Edsel introduced Avery to his father, Henry Ford ... The elder Ford immediately hired Avery as Charles E ...
Famous quotes containing the words company, ford and/or motor:
“In your company a man could die, I said, a man could die and you wouldnt even notice, theres no trace of friendship, a man could die in your company.”
—Max Frisch (19111991)
“I am a Ford, not a Lincoln.”
—Gerald R. Ford (b. 1913)
“This biplane is the shape of human flight.
Its name might better be First Motor Kite.”
—Robert Frost (18741963)