At Ford Motor Company (NYSE: F) is an American multinational corporation in the world's fourth largest automaker based on sales of vehicles in the world after Toyota, General Motors and Volkswagen. Based on the crew, Michigan, a suburb of Detroit, the automaker founded by Henry Ford and incorporated at 16 June 1903. In addition to Ford, Lincoln and Mercury brands, Ford also owns Volvo Cars in Sweden, as well as a small share in Mazda of Japan and the Aston Martin of England. Ford, former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors of India in March 2008.
Ford introduced methods for large-scale production of cars and large-scale management of an industrial labor force with the help of a detailed engineering of the production sequences characteristic of moving assembly lines. Henry Ford method became known around the world as Fordism by 1914.
Ford is currently the fourth largest automaker in the world, behind Volkswagen. [6] In 2007, Ford dropped from second to the third top selling automaker in the United States for the first time in 56 years, only General Motors and Toyota. Nevertheless, Ford occasionally outsells Toyota monthly periods (most recently, during the summer months of 2009). As of 2009, Ford became the second-largest automaker in Europe (only for Volkswagen), with sales that sometimes exceed the United States and major markets in Germany, Italy and the United Kingdom. [7] Ford is the seventh - the overall rating of American companies in 2008 list of Fortune 500 companies based on global revenues in 2008 to $ 146.3 billion. [8] In 2008, Ford production 5.532 million vehicles [9], and has about 213,000 employees of 90 factories and institutions around the world. [5] Starting in 2007, Ford received more initial quality survey awards JD Power and Associates, than any other automaker. Five cars Ford took on the top of its category [10] and fourteen vehicles are in the top three.
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