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Ford

Ford Motor Company, sometimes known simply as Ford, is a global American automaker with headquarters in Dearborn, Michigan. Henry Ford formed it, and on June 16, 1903, it became a legal entity. Under the Ford brand, the corporation offers cars and commercial vehicles, and under the Lincoln premium brand, it sells luxury vehicles. Ford also owns the Brazilian SUV producer Troller, an 8% share in the British automaker Aston Martin, and a 32% stake in Jiangling Motors in China. Additionally, it has joint operations in Turkey, Thailand, China, Taiwan, and Changan Ford in China. (Ford Otosan). The Ford family controls the corporation, which is listed on the New York Stock Exchange; they own a minority stake but the majority of the voting rights.

Ford

With the use of intricately planned production processes defined by moving assembly lines, Ford created techniques for large-scale automobile manufacture and administration of an industrial workforce. By 1914, these techniques were referred to as Fordism around the world. Ford sold Jaguar and Land Rover, its erstwhile UK divisions, to Tata Motors in March 2008 after purchasing them in 1989 and 2000, respectively. From 1999 until 2010, Ford was the owner of the Swedish carmaker Volvo. Since 1938, Ford has sold entry-level luxury vehicles in the United States, Canada, Mexico, and the Middle East under the Mercury brand, which was discontinued by Ford in 2011.

Based on 2015 car production, Ford is the fifth-largest automaker in the world (after Toyota, Volkswagen, Hyundai, and General Motors) and the second-largest automaker with a U.S. base (behind General Motors). Ford was Europe's fifth-largest carmaker at the end of 2010. The corporation went public in 1956, but the Ford family still holds 40% of the voting rights thanks to special Class B shares. Despite facing financial difficulties during the 2007–2008 financial crisis, the company—unlike the other two main US automakers—did not require government assistance. Based on global revenues of $156.7 billion in 2017, Ford Motors, which has subsequently returned to profitability, was included as the eleventh-ranked American firm overall in the 2018 Fortune 500 list. Ford manufactured 5.532 million vehicles in 2008.



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