- Ford Motor Company is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit
Ford Motor Company Net worth 2024 (estimated)
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Ford Motor Company facts
- 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, and Australian performance car manufacturer FPV
- In the past it has also produced tractors and automotive components
- Ford owns a 2
- 1% stake in Mazda of Japan, an 8% stake in Aston Martin of the United Kingdom, and a 49% stake in Jiangling of China
- It also has a number of joint-ventures, one in China (Changan Ford), one in Taiwan (Ford Lio Ho), one in Thailand (AutoAlliance Thailand), one in Turkey (Ford Otosan), and one in Russia (Ford Sollers)
- It is listed on the New York Stock Exchange and is controlled by the Ford family, although they have minority ownership (but 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
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