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Ford Motor Company


 

The Ford Motor Company (often referred to simply as Ford; sometimes nicknamed FoMoCo, {{NYSE|F}} is an automobile maker founded by Henry Ford in Dearborn, Michigan, and incorporated on June 16, 1903. According to Fortune magazine, DaimlerChrysler and Toyota Motor replaced Ford as the world's number two and three automobile manufacturers by revenue in 2004. For many years before that Ford was global number two behind General Motors. Ford remains one of the world's ten largest corporations by revenue.

Brands and marques

Today, Ford Motor Company manufactures automobiles under the highly-recognized Lincoln and Mercury brand names. In 1958, Ford introduced a new marque, the Edsel, but poor sales led to its discontinuation in 1960. Later, in 1985, the Merkur brand was released, but met a similar fate in 1989. Both the Edsel and Merkur brands are considered failures

Related Topics:
Lincoln - Mercury - Brand - 1958 - Marque - Edsel - 1960 - 1985 - Merkur - 1989 - Failures

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Ford has major manufacturing operations in Canada, Mexico, the United Kingdom, Germany, Brazil, Argentina, Australia, and several other countries, including South Africa, where following divestment during apartheid, it once again has a wholly-owned subsidiary. It also has a joint venture with Mahindra in India.

Related Topics:
Canada - Mexico - United Kingdom - Germany - Brazil - Argentina - Australia - South Africa - Apartheid - Mahindra - India

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Ford also has a cooperative agreement with GAZ. In recent years Ford has acquired Aston Martin, Daimler, Jaguar, Volvo Cars, and Land Rover, as well as a controlling share of Mazda, with which it operates an American joint venture plant called Auto Alliance. It has spun off its parts division under the name Visteon. Its prestige brands, with the exception of Lincoln, are managed through its Premier Automotive Group.

Related Topics:
GAZ - Aston Martin - Daimler - Jaguar - Volvo Cars - Land Rover - Mazda - Joint venture - Auto Alliance - Visteon - Premier Automotive Group

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Ford's non-manufacturing operations include organizations in the financial services (Ford Credit) and automobile rental (Hertz) businesses.

Related Topics:
Ford Credit - Hertz

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