Ford Motor Company

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"Ford" redirects here. For ither uises, see Ford (disambiguation).

The Ford Motor Company (Template:Nyse) is an American multinational corporation based in Dearborn, Michigan, a suburb o Detroit. The automaker wis foondit bi Henry Ford an incorporatit on Juin 16, 1903. In addition tae the Ford an Lincoln brands, Ford an aa awns a sma stake in Mazda in Japan an Aston Martin in the UK. Ford's umwhile UK subsidiaries Jaguar an Land Rover wur sold tae Tata Motors o Indie in Mairch 2008. In 2010 Ford sauld Volvo tae Geely Automobile.[1] Ford discontinued the Mercury brand at the end o 2010.

Ford introduced methods for lairge-scale manufacturin o caurs an lairge-scale management o an industrial workforce uisin elaborately ingineered manufacturin sequences typified bi movin assembly lines. Henry Ford's methods came tae be kent around the warld as Fordism bi 1914.

Ford is currently the seicont lairgest automaker in the U.S. an the fowert-lairgest in the warld based on number o vehicles sauld annually, directly ahint Volkswagen Group.[2] In 2007, Ford fell frae second tae third in US annual vehicle sales for the first time in 56 years, ahint ae General Motors an Toyota. Housomeivver, Ford occasionally ootsells Toyota in shorter periods (maist recently, durin the simmer months o 2009). Bi the end o 2009, Ford wis the third lairgest automaker in Europe (ahint Volkswagen an PSA Peugeot Citroën).[3] Ford is the seivent-rankt oweraw American-based company in the 2008 Fortune 500 leet, based on global revenues in 2008 o $146.3 billion.[4] In 2008, Ford produced 5.532 million automobiles[5] an employed aboot 213,000 employees at aroond 90 plants an facilities warldwide. Durin the automotive crisis, Ford's warldwide unit volume dropt tae 4.817 million in 2009. Despite the adverse conditions, Ford endit 2009 wi a net profit o $2.7 billion.[6] Starting in 2007, Ford received mair initial quality survey awards frae J. D. Power and Associates than ony ither automaker. Five o Ford's vehicles rankt at the top o their categories[7] an fowerteen vehicles rankt in the top three.[8]

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[edit] History

Henry Ford (ca. 1919)
1896 Ford Quadricycle

The Ford Motor Company wis launcht in a convertit factory in 1903 wi $28,000 in cash from twelve investors, maist notably John an Horace Dodge (who woud later food their awn caur company). Henry's first attempt unner his name was the Henry Ford Company on November 3, 1901, which became the Cadillac Motor Company on August 22, 1902. Durin its early years, the company produced juist a few caurs a day at its factory on Mack Avenue in Detroit, Michigan. Groups o twa or three men wirkt on each caur frae components made tae order bi ither companies. Henry Ford wis 40 years auld when he foondit the Ford Motor Company, which woud go on tae become ane o the warld's lairgest an maist profitable companies, as well as being ane tae survive the Great Depression. As ane o the lairgest family-controlled companies in the warld, the Ford Motor Company haes been in continuous family control for ower 100 years.

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