The American multinational corporation known as the Ford Motor Company is the third largest car manufacturer in the world in terms of global sales. In the year 2006, Ford was ranked as the United States of America’s second biggest car maker, with a market share valued at 17.5 percent. This positioned it directly behind General Motors, but slightly ahead of both Toyota and DaimlerChrysler. On the Fortune 500 list of 2007, Ford was positioned as the seventh American company, with global revenues exceeding $160 billion. In the year 2006, Ford made over six million cars. Ford employs an estimated 280,000 workers at their factories and facilities around the world. In the year 2007, Ford had more quality awards from J.D. Power than any other car manufacturer in the world.
Henry Ford founded Ford in the year 1903. They are currently based in a suburb of Detroit, Michigan known as Dearborn. Ford currently encompasses a number of international brands, including Mercury, Lincoln, Land Rover, Jaguar, Volvo, and Mazda.
In terms of revenue, Ford is one of the ten largest corporations in the world. In the year 1999, Ford ranked as the most profitable corporation in the world. That same year, they ranked the Number Two automobile manufacturer in the world.
Ford is responsible for Configurationering a number of large scale manufacturing methods, particularly elaborately Configurationered sequences typified by assembly lines. By the year 1914, Henry Ford’s famous method of paying workers high wages, running highly efficient factories, and keeping prices on the product low effectively managed to revolutionize manufacturing.
Ford was first launched in a converted factory in the year 1903 with a sum of $28,000 from twelve different investors, two of whom included Horace and John Dodge, who would later go on to form the Dodge Brothers Motor Vehicle Company.
Above - The Ford GT, based on the original Ford GT50