Ford Motor Company is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit.
Detroit is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border.
Michigan is a state located in the Great Lakes and Midwestern regions of the United States.
Ford Motor Company: From the Model T to the Mustang by WatchMojo.com
It was founded by Henry Ford and incorporated on June 16, 1903.
Henry Ford was an American industrialist, the founder of the Ford Motor Company, and the sponsor of the development of the assembly line technique of mass production.
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The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand.
A car is a wheeled, self-powered motor vehicle used for transportation and a product of the automotive industry.
Ford also owns Brazilian SUV manufacturer, Troller, and Australian performance car manufacturer FPV.
Troller Veículos Especiais S/A is a manufacturer of off-road vehicles in Brazil.
In the past it has also produced tractors and automotive components.
Ford owns a 2.1% stake in Mazda of Japan, an 8% stake in Aston Martin of the United Kingdom, and a 49% stake in Jiangling of China.
Mazda Motor Corporation, commonly referred to just as Mazda, is a Japanese automaker based in Fuchū, Aki District, Hiroshima Prefecture, Japan.
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom or Britain, is a sovereign state in Europe.
Aston Martin Lagonda Limited is a British manufacturer of luxury sports cars and grand tourers.
It also has a number of joint-ventures, one in China, one in Taiwan, one in Thailand, one in Turkey, and one in Russia.
Thailand, officially the Kingdom of Thailand, formerly known as Siam, is a country at the centre of the Indochinese peninsula in Southeast Asia.
It is listed on the New York Stock Exchange and is controlled by the Ford family, although they have minority ownership.
The New York Stock Exchange, is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York.
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.
An assembly line is a manufacturing process in which parts are added as the semi-finished assembly moves from workstation to workstation where the parts are added in sequence until the final assembly is produced.
Fordism describes modern economic and social systems based on industrialized, standardized mass production and mass consumption.
Ford's former UK subsidiaries Jaguar and Land Rover, acquired in 1989 and 2000 respectively, were sold to Tata Motors in March 2008.
Land Rover is a car brand that specialises in four-wheel-drive vehicles, owned by British multinational car manufacturer Jaguar Land Rover, which is in turn owned by India's Tata Motors since 2008.
Tata Motors Limited is an Indian multinational automotive manufacturing company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group.
Ford owned the Swedish automaker Volvo from 1999 to 2010.
In 2011, Ford discontinued the Mercury brand, under which it had marketed entry-level luxury cars in the United States, Canada, Mexico, and the Middle East since 1938.
During the financial crisis at the beginning of the 21st century, it was close to bankruptcy, but it has since returned to profitability.
Ford is the second-largest U.S.-based automaker and the fifth-largest in the world based on 2010 vehicle sales.
At the end of 2010, Ford was the fifth largest automaker in Europe.
Ford is the eighth-ranked overall American-based company in the 2010 Fortune 500 list, based on global revenues in 2009 of $118.3 billion.
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest U.S. corporations by total revenue for their respective fiscal years.
In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide.
The company went public in 1956 but the Ford family, through special Class B shares, still retain 40 percent voting rights.