About the Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. 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 its Lincoln brand. Ford also owns a 32% stake in China's Jiangling Motors. It also has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), and Turkey (Ford Otosan). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the 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 the Indian automaker Tata Motors in March 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010. In the third quarter of 2010, Ford discontinued the Mercury brand, under which it had marketed upscale cars in the United States, Canada, Mexico, and the Middle East since 1938. Ford is the second-largest U.S.-based automaker (behind General Motors) and the sixth-largest in the world (behind Toyota, Volkswagen Group, Hyundai Motor Group, Stellantis, and General Motors) based on 2022 vehicle production. At the end of 2010, Ford was the fifth-largest automaker in Europe. The company went public in 1956 but the Ford family, through special Class B shares, still retain 40 percent of the voting rights. During the financial crisis of 2007–08, the company struggled financially but did not have to be rescued by the federal government, unlike the other two major US automakers. Ford Motors has since returned to profitability, and was the eleventh-ranked overall American-based company in the 2018 Fortune 500 list, based on global revenues in 2017 of $156.7 billion. In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide.
Exchange
NYSE
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Latest $F News
Ford Motor Co (F) Q1 2024 Earnings: Solid Performance Amidst Market Challenges
Full-Year Guidance: Adjusted EBIT forecast at the high end of $10 billion to $12 billion; adjusted free cash flow target ...
Ford Motor Needs More Than A Good Earnings Report
Ford Motor's Q1 earnings are anticipated to be disappointing due to weak EV demand and inflation challenges, with concerns ...
Ford's Profit Rises On Commercial Vehicle Sales
Shyft Group Climbs on Q1 Numbers <li /> The Future of Corporate Innovation Explores the Expanding Role of Artificial ...
Second Ford BlueOval City supplier to create 500 jobs, invest $54 million
Avancez is the latest on-site supplier to announce the size and scale of its facilities to support Ford Motor Co.'s ...
Ford Earnings: Pro Continues to Impress While EV Costs Are Contained
Ford Motor’s F stock rose by over 2% during after-hours trading ... Management kept full-year total company adjusted ...
Historic Ford Times Now Offered in Online Heritage Vault
Ford Dearborn expanding its network of branch offices, it started publishing Ford Times to communicate with employees ...
Hyundai Motor's Q1 profit drops 2.4%, hit by weak domestic sales
South Korean automaker Hyundai Motor Co's first-quarter profit fell 2.4 per cent, hit by a tumble in domestic sales, and it ...
Ford's first-quarter net income falls 24% as combustion engine unit sees sales, revenue decline
Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw ...
Ford Enjoys Bullish Momentum But Faces Buying Pressure Ahead Of Q1 Earnings
Ford shares haven't gained much over the past year, being up just 7.46%. So far this year too, the stock is up just 7.2%.
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