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Ford Motor Company

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"Ford" redirects here. For other uses, see Ford (disambiguation).
Ford Motor Company
Company typePublic
IndustryAutomotive
FoundedJune 16, 1903; 122 years ago (1903-06-16)[1]
FounderHenry Ford
Headquarters
Dearborn, Michigan
,
U.S.
Area served
Worldwide
Key people
Products
Production output
Decrease 6.0 million vehicles (2018)[2]
Services
RevenueIncrease US$160.33 billion (2018)[2]
Decrease US$3.27 billion (2018)[2]
Decrease US$3.67 billion (2018)[2]
Total assetsDecrease US$256.54 billion (2018)[2]
Total equityDecrease US$35.93 billion (2018)[2]
Owners
Number of employees
199,000 (December 2018)[2]
Divisions
Subsidiaries
List
Websiteford.com

The Ford Motor Company (FMC; often known as Ford) is an American multinational automaker, founded on June 16, 1903 by Henry Ford. Ford, which owns the luxury vehicle manufacturer Lincoln, was the second-largest automaker, after General Motors, 1931 to 2004. Formerly, Ford also owned the following brands:

History[change]

In 1896, Henry Ford had an idea to make a Quadricycle, the first "horseless carriage" he built. This four-wheeled vehicle was very different from cars we drive now. It was very different even from vehicles Ford produced just a few years later. Even so, this was the start of Ford's career as a businessman. Until the Quadricycle, Ford's work had been experimental and theoretical. For example, in the 1890s, Ford built a gas engine on his kitchen table — just an engine with nothing to power. Enough people liked the Quadricycle, and much could be done with the it, so it led to the beginning of Ford's business.

Ford Motor Company started on June 16, 1903, when Henry Ford and 11 business helpers signed papers to form the company. Their first Ford production car, the Model A, was sold in Detroit, Michigan a few months later. (This Model A should not be confused with their more famous Model A, which came out in 1927). With $280,000 (around 165 000 pounds), the early businessmen made what was to become one of the world's largest companies. Few companies changed the history and development of industry and society in the 20th century as much as Ford Motor Company.

Mass production on the line[change]

Ford Motor Company's most important contribution to automotive manufacturing was the (moving) assembly line. First implemented at the Highland Park plant (in Michigan, US) in 1913, this new method let each workers to stay in one place, to do the same job repeatedly as the vehicles went by on the assembly line. The line proved to be very efficient; it helped the company make more cars, and make them cheaper than other car companies could do at the time. Before using the assembly line, Ford made 12,000 Model T's in a year. With the assembly line, Ford could make 12,000 Model T's in just two days. Ford had discovered how to make more cars that more people could afford to buy. He even paid his workers higher salaries than other car companies and still made money.

Early growth[change]

Henry Ford insisted that the company's future lay in the production of affordable cars for a mass market. In 1903, the company began using the first 19 letters of the alphabet to name new cars. In 1908, the Model T was born, and it was sold for 19 years. By selling 15 million Model T's, Ford Motor Company became a giant company which spanned the globe. They built plants in the Soviet Union, Japan and other places. Ford started making farm tractors, trucks and school buses. In 1925, Ford Motor Company bought the Lincoln Motor Company. It uses that name to build luxury cars. In the 1930s, the name "Mercury" was given to its mid-priced cars. Ford Motor Company was growing.

Former production vehicles[change]

Current production vehicles[change]

Body style Model Current generation Vehicle description
Image Name(s) Introduction
(cal. year) 		Introduction
(cal. year) 		Facelift Main markets
Hatchback File:Ford Focus 1.0 EcoBoost Hybrid ST-Line (IV, Facelift) – f 24092022.jpg Focus 1998 2018 2021 Europe C-segment / small family compact hatchback predominantly sold in Europe. Expected to be discontinued in 2025.
Sedan File:2022 Chang'an-Ford Mondeo (front).jpg Mondeo/
Taurus 		1992 2022 — China and Middle East D-segment/Large family/mid-size sedan and liftback currently marketed in China. Marketed as the Taurus in the Middle East.
Station wagon File:Ford Focus Turnier Mk IV Facelift 1X7A0305.jpg Focus 1998 2018 2021 Europe Station wagon version of the Focus.
Sports car File:2024 Ford Mustang Dark Horse.jpg Mustang 1964 2022 – Global Long-running pony/muscle car. Available in coupé and convertible body styles.
SUV/
crossover 		File:Ford Bronco (6th generation) Outer Banks 1X7A0384.jpg Bronco 1965 2020 — Americas, Europe and Middle East Off-road oriented mid-size body-on-frame SUV. Available in three-door and five-door configurations.
File:Ford Bronco Sport Badlands 1X7A6296.jpg Bronco Sport 2020 2020 — Americas and Middle East Retro-styled compact crossover SUV using the Bronco nameplate.
File:Ford Capri (2024) Auto Zuerich 2024 DSC 6382.jpg Capri EV 2024 2024 — Europe Battery electric C-segment/compact crossover for the European market, based on the Volkswagen Group MEB platform.
File:2023 Chang'an-Ford Edge L.jpg Edge 2006 2023 — China D-segment/Mid-size crossover marketed in China and manufactured by Changan Ford.
File:FORD EQUATOR China (2).jpg Equator 2021 2021 2024 China Three-row mid-size crossover marketed in China and manufactured by JMC-Ford.
File:2023 Ford Escape Plug-In Hybrid, front NYIAS 2023.jpg Escape 2000 2019 2022 Americas, Europe, Australasia C-segment/compact crossover SUV marketed globally. Escape (global nameplate) and Kuga (Europe) was a separate model up to 2012 when the model was merged. Hybrid and plug-in hybrid powertrains are optional.
File:2024 Ford Kuga (third generation) IMG 9853.jpg Kuga 2008
File:2022 Ford Everest Titanium+ 2.0L Bi-Turbo 4x4.jpg Everest 2003 2022 — Asia-Pacific, Africa and Middle East Mid-size body-on-frame SUV based on the Ranger.
File:2022 Ford Expedition Platinum unmarked unit, front 4.14.23.jpg Expedition 1996 2025 — Americas and Middle East Full-size body-on-frame SUV. Also available with a longer body variant called the Expedition Max.
File:Ford Explorer PHEV 1X7A6478.jpg Explorer 1990 2019 2022 Americas, Europe, Middle East and Asia Three-row mid-size crossover SUV. Also available as a police fleet vehicle called the Police Interceptor Utility. Hybrid and plug-in hybrid powertrains are optional.
File:Ford Explorer EV Leonberg 2024 IMG 1056.jpg Explorer EV 2024 2024 — Europe Battery electric compact crossover for the European market, based on the Volkswagen Group MEB platform.
File:Ford Evos 001 (cropped).jpg Mondeo Sport 2021 2021 — China Low-slung mid-size crossover marketed in China and manufactured by Changan Ford. Marketed as the Ford Evos before 2024.
File:Ford Mustang Mach-E GT IAA 2021 1X7A0176.jpg Mustang
Mach-E 		2020 2020 — Global Battery electric compact crossover using the Mustang nameplate.
File:Ford Puma (2024) IMG 9859.jpg Puma 2019 2019 2024 Europe and Australasia B-segment/subcompact crossover SUV based on the Fiesta marketed in Europe and Australasia.
File:2022 Chang'an-Ford Equator Sport.jpg Territory / Equator Sport 2018 2022 2024 Asia, Africa, Middle East and South America Compact crossover SUV manufactured by JMC-Ford joint venture in China, and exported to emerging countries.
Pickup
truck 		File:Ford F-150 Lariat Luxury 2022.jpg
File:Ford F-250 Super Duty (P558) 1X7A7058.jpg 		F-Series 1948 2020 2023 Americas and Middle East Full-size pickup truck mainly marketed in North America. Historically the best-selling vehicle in the United States (since 1977) and Canada. Line-up includes the F-150 pickup, F-250 through F-450 Super Duty heavy duty pickups. F-450/550 Super Duty class 4-5 trucks and F-650/750 Super Duty class 6-8 trucks are commercial chassis and cab vehicles.
File:2022 Ford F-150 Lightning Lariat in Atlas Blue Metallic, Front Right, 08-06-2022.jpg F-150 Lightning 2022 2022 — North America and others Battery electric version of the fourteenth-generation Ford F-150.
File:Ford Ranger (T6, P703) Wildtrak IMG 7320.jpg Ranger 1981 2022 – Global Mid-size pickup truck sold globally. Available in single cab (except North America), space cab, and double cab configurations.
File:2022 Ford Maverick XLT AWD, Front Right, 10-10-2021.jpg Maverick 2021 2021 — Americas Compact pickup truck sold in North America and South America. Based on a front-wheel-drive unibody platform shared with the Escape and Bronco Sport.
File:2019 Ford Transit 350 Leader Ecoblue 2.0.jpg Transit 1965 2013 2020 Europe and Australasia Pickup version of the Transit van.
MPV/
minivan 		File:Ford Tourneo Courier (2nd generation) Auto Zuerich 2023 1X7A1169.jpg Tourneo Courier 2014 2022 — Europe Passenger version of the Transit Courier.
File:Ford Tourneo Connect Active (3rd generation) Leonberg 2022 1X7A0445.jpg Tourneo Connect 2002 2021 — Europe Three-Row Compact MPV. Rebadged Volkswagen Caddy.
File:Ford Tourneo Custom (2023) Autofrühling Ulm IMG 9360.jpg Tourneo Custom 2012 2022 — Europe Passenger version of the Transit Custom marketed in Europe.
Van File:2024 Ford Transit Courier Limited - Cactus Grey - 03-02-2024, Front Left.jpg Transit Courier 2014 2023 — Europe and others Small van based on Fiesta platform mainly marketed in Europe. Available as a four-door or five-door van. The passenger-focused leisure activity vehicle version is called the Tourneo Courier.
File:2018 Ford Transit Connect facelift Front.jpg Transit Connect 2002 2022 — Europe and others Compact van based on Focus platform mainly marketed in Europe and North America. Available as a four-door or five-door van. The passenger-focused leisure activity vehicle version is called the Tourneo Connect.
File:Ford Transit Custom (2023) 1X7A1605.jpg Transit Custom 2012 2022 — Europe and others Mid-size van mainly marketed in Europe, Australasia and China. Available as a four-door or five-door van. The passenger-focused leisure activity vehicle version is called the Tourneo Custom. A campervan version is called the Transit Custom Nugget.
File:2018 Ford Transit 350 2.0 Front.jpg Transit 1965 2013 2020 Global Full-size, rear-wheel-drive van. Available as a cargo van, passenger van, chassis cab, and cutaway van.
Heavy commercial vehicles File:Ford F-MAX Classic-Days 2022 DSC 0146.jpg F-MAX 2018 2018 — Europe Heavy-duty truck developed and manufactured by Ford Otosan in Turkey. Sold in China as the JMC Weilong HV5.
File:Ford truck in Belarus 3 (cropped).jpg Transit Cutaway 1965 2013 2020 Europe, North America and others Cutaway version of the Transit van.
File:2022 Ford E-450 DRW Cutaway Box Truck in Oxford White, Front Right, 01-21-2023.jpg E-Series Cutaway 1975 1992 2021 North America A cutaway version of the E-Series.
File:Beijing Air Catering truck 22 (20180628090004).jpg F-Series 1948 2015 2020 North America Commercial medium-duty and heavy-duty trucks derived from the smaller F-Series pickup trucks.
File:2023 Ford F-350 Super Duty front view.jpg Super Duty 1999 2023 — North America Chassis-cab versions of the Super Duty pickups.

References[change]

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  1. ↑ Hyde, Charles K. (June 2005). "National Historic Landmark Nomination – Ford Piquette Avenue Plant" (PDF). National Park Service. p. 11. Archived from the original (PDF) on February 22, 2017. Retrieved August 18, 2017.
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 "Ford Motor Company 2018 Annual Report (Form 10-K)" (PDF). sec.gov. U.S. Securities and Exchange Commission. January 2019.
  3. ↑ Cite error: The named reference 4traders was used but no text was provided for refs named (see the help page).
  4. ↑ Rogers, Christina (May 12, 2016). "Shareholders Again Back Ford Family". Wall Street Journal. Retrieved September 16, 2016.
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