What is Ford?

[Thepoorman]

Ford Motor Company (AKA Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, USA. It was founded by Henry Ford and incorporated on June 16, 1903. Cars and trucks are sold under the Ford brand. Luxury cars under the Lincoln brand. By 1914, the moving assembly line and manufacturing philosophy of Henry Ford were known around the world as Fordism. The company is listed on the New York Stock Exchange and is controlled by the Ford family.

UK subsidiaries Jaguar and Land Rover, were acquired in 1989 and 2000, then sold to the Indian automaker Tata Motors in 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010. In 1938 til 2010, Ford marketed Mercury in the United States, Canada, Mexico, and the Middle East.

During the 2008–2010 automotive industry crisis, the company struggled financially but did not have to be rescued by the federal government.

Ford is the second-largest U.S.-based automaker, the sixth-largest in the world. Though joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), and Turkey (Ford Otosan), Ford produced 4.4 million automobiles, and employed about 177,000 employees worldwide.