Ford Motor Company: Difference between revisions
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{{Short description|American multinational automobile manufacturer}} |
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{{Redirect|Ford}} |
{{Redirect|FORD|other uses|Ford (disambiguation)}} |
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{{Use mdy dates|date=December 2023}} |
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{{coord|42|18|53|N|83|12|38|W|type:landmark|display=title}} |
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{{Use |
{{Use American English|date=July 2022}} |
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{{Infobox company |
{{Infobox company |
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| name |
| name = Ford Motor Company |
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| logo |
| logo = Ford logo flat.svg |
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| logo_size |
| logo_size = |
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| image |
| image = FordGlassHouse.jpg |
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| image_size |
| image_size = |
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| image_caption |
| image_caption = [[Ford World Headquarters]] in [[Dearborn, Michigan]] |
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| type |
| type = [[Public company|Public]] |
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| traded_as |
| traded_as = {{unbulleted list|{{NYSE|F}}|[[S&P 100]] component|[[S&P 500]] component}} |
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| founder |
| founder = [[Henry Ford]] |
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| area_served |
| area_served = Worldwide |
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| key_people |
| key_people = {{unbulleted list |
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|[[William Clay Ford Jr.]] |
| [[William Clay Ford Jr.]] ([[Chairman#Executive chairman|executive chairman]]) |
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|[[ |
| [[Jim Farley (businessman)|Jim Farley]] ([[President (corporate title)|president]] & [[CEO]]) |
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}} |
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| industry = [[Automotive industry|Automotive]] |
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| industry = [[Automotive industry|Automotive]] |
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| products = {{unbulleted list |
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| products = {{unbulleted list |
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| [[Car|Automobiles]] |
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| [[ |
| [[Automobile]]s |
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| [[ |
| [[Performance car|Performance vehicle]]s |
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| [[Luxury vehicle]]s |
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| [[Commercial vehicle]]s |
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| [[List of auto parts|Automotive parts]] |
| [[List of auto parts|Automotive parts]] |
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| [[Pickup trucks]] |
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| [[SUVs]] |
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}} |
}} |
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| services |
| services = {{unbulleted list |
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| |
| Automotive finance |
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| [[Vehicle leasing]] |
| [[Vehicle leasing]] |
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| [[Service (motor vehicle)|Vehicle service]] |
| [[Service (motor vehicle)|Vehicle service]] |
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}} |
}} |
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| production |
| production = {{increase}} 4.4 million vehicles (2023) |
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| revenue = {{increase}} {{US$|176.2 billion|link=yes}} (2023) |
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| revenue = {{increase}} {{US$|156.776 billion|link=yes}} {{small|(2017)}}<ref name="10-K">{{cite web|url=https://www.sec.gov/Archives/edgar/data/37996/000003799618000015/f1231201710-k.htm |title=Ford Motor Company 2017 Annual Report (Form 10-K) |date=January 2018 |publisher=[[U.S. Securities and Exchange Commission]] |website=sec.gov}}</ref> |
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| operating_income = {{ |
| operating_income = {{increase}} {{US$|5.46 billion}} (2023) |
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| net_income |
| net_income = {{increase}} {{US$|4.33 billion}} (2023) |
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| assets |
| assets = {{increase}} {{US$|273.3 billion}} (2023) |
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| equity |
| equity = {{decrease}} {{US$|42.80 billion}} (2023) |
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| num_employees |
| num_employees = 177,000 (2023) |
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| owner = [[Ford family (Michigan)|Ford family]] (2% equity; 40% voting power) |
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| owner = {{unbulleted list |
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| divisions = {{unbulleted list |
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| [[The Vanguard Group]] (5.82%)<ref name=4traders>{{cite web |url=http://www.4-traders.com/FORD-MOTOR-COMPANY-12542/company/ |title=Ford Motor Company company : Shareholders, managers and business summary |website=4-Traders |location=France |access-date=May 15, 2016}}</ref> |
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| Ford Blue |
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| [[Evercore Wealth Management]] (5.58%)|[[Ford family tree|Ford family]]<br />(2% equity; 40% voting power)<ref name=4traders/><ref name=FordFamily>{{cite news |url=https://www.wsj.com/articles/shareholders-again-back-ford-family-1463087314 |title=Shareholders Again Back Ford Family |first=Christina |last=Rogers |work=Wall Street Journal |date=May 12, 2016 |access-date=September 16, 2016}}</ref> |
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| Ford Model E |
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| Ford Pro |
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}} |
}} |
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| brands = {{plainlist| |
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| divisions = {{unbulleted list |
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* Ford |
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| [[List of Ford vehicles|Ford]] |
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* [[Lincoln Motor Company|Lincoln]] |
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* [[Motorcraft]] |
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}} |
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| subsid |
| subsid = {{collapsible list |
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|''' |
|'''International''' |
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* [[Ford Motor Company of Argentina|Ford Argentina]] |
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* [[Ford Australia]] |
* [[Ford Australia]] |
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* [[Ford do Brasil|Ford Brazil]] |
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* [[Ford |
* [[Ford Motor Company of Canada|Ford Canada]] |
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* [[Ford of Europe|Ford Europe]] |
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** [[Troller Veículos Especiais|Troller]] |
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* [[Ford of |
** [[Ford of Britain|Britain]] |
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** [[Ford |
** [[Ford SAF|France]] |
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** [[Ford Germany]] |
** [[Ford Germany|Germany]] |
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** [[Ford |
** [[Henry Ford & Son Ltd|Ireland]] |
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* [[Ford |
** [[Ford Italia|Italy]] |
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** [[Ford |
** [[Ford Otosan|Otosan]] (41%) |
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** [[ |
** [[Ford Romania|Romania]] |
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** [[:es:Ford Valencia Body & Assembly|Spain]] |
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** [[TrustFord]] |
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* [[Ford India Private Limited|Ford India]] |
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* [[Ford Motor Company of New Zealand|Ford New Zealand]] |
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* [[Ford Motor Company Philippines|Ford Philippines]] |
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* [[Ford Motor Company of Southern Africa|Ford Southern Africa]] |
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* [[Ford Vietnam]] (75%) |
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* [[Ford Lio Ho]] (70%) |
* [[Ford Lio Ho]] (70%) |
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* [[AutoAlliance Thailand]] (50%) |
* [[AutoAlliance Thailand]] (50%) |
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* [[Blue Diamond Truck Company|Blue Diamond Trucks]] (50%) |
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* [[Ford Sollers]] (50%) |
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* [[Otosan]] (41%) |
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* [[Changan Ford]] (35%) |
* [[Changan Ford]] (35%) |
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* [[Jiangling Motors]] (32%) |
* [[Jiangling Motors]] (32%) |
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* [[Ford Motor Credit Company|Ford Credit]] |
* [[Ford Motor Credit Company|Ford Credit]] |
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'''Other''' |
'''Other''' |
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* BlueOval SK |
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* [[Automotive Components Holdings]] |
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* Ford Drive |
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* [[Getrag]] (50%) |
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* Ford Next |
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'''International''' |
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* [[Ford Performance]] |
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* [[Ford Motor Company of Argentina|Ford of Argentina]] |
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* Latitude AI |
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* [[Ford Motor Company of Canada|Ford of Canada]] |
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* [[Ford India Private Limited|Ford of India]] |
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* [[Ford Motor Company of Japan|Ford of Japan]] |
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* [[Ford Motor Company of Korea|Ford of Korea]] |
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* [[Ford Motor Company of New Zealand|Ford of New Zealand]] |
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* [[Ford Motor Company of China|Ford of China]] |
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* [[Ford Motor Company Philippines|Ford of Philippines]] |
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* [[Ford Motor Company of Taiwan|Ford of Taiwan]] |
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}} |
}} |
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| predecessor = [[Henry Ford Company]] |
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| foundation = {{Start date and years ago|1903|6|16}}<ref>{{Cite web|last=Hyde|first=Charles K.|date=June 2005|title=National Historic Landmark Nomination – Ford Piquette Avenue Plant|url=http://www.nps.gov/nhl/find/statelists/mi/FordPiquette.pdf|publisher=[[National Park Service]]|p=11|accessdate=August 18, 2017|archiveurl=https://web.archive.org/web/20170222032217/http://www.nps.gov/nhl/find/statelists/mi/FordPiquette.pdf|archivedate=February 22, 2017}}</ref> |
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| founded = {{start date and age|1903|6|16}} in [[Detroit]], [[Michigan]], [[United States|U.S.]]<ref>{{Cite web|last=Hyde|first=Charles K.|date=June 2005|title=National Historic Landmark Nomination – Ford Piquette Avenue Plant|url=http://www.nps.gov/nhl/find/statelists/mi/FordPiquette.pdf|publisher=[[National Park Service]]|page=11|access-date=August 18, 2017|archive-url=https://web.archive.org/web/20170222032217/http://www.nps.gov/nhl/find/statelists/mi/FordPiquette.pdf|archive-date=February 22, 2017}}</ref> |
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| location_city = [[Dearborn, Michigan]] |
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| hq_location = [[Ford World Headquarters]] |
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| location_country = U.S. |
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| hq_location_city = [[Dearborn, Michigan|Dearborn]], Michigan |
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| homepage = {{URL|ford.com}} |
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| hq_location_country = U.S. |
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| website = {{URL|https://ford.com}} |
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| footnotes = <ref name=Annual8K2021>{{cite web|title=Ford Motor Company 2021 Annual Form 8-K Report |url= https://d18rn0p25nwr6d.cloudfront.net/CIK-0000038009/2fd06f5b-1d25-4ba1-9ca9-ac261f33fd60.pdf |website= cloudfront.net |access-date=February 4, 2022|date=December 31, 2021}}</ref><ref name="10-K">{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/37996/000003799624000009/f-20231231.htm |title=Ford Motor Company 2023 Annual Report (Form 10-K) |date=February 7, 2024 |publisher=[[U.S. Securities and Exchange Commission]] |access-date=February 11, 2024 }}</ref><ref name=4traders>{{cite web |url=http://www.4-traders.com/FORD-MOTOR-COMPANY-12542/company/ |title=Ford Motor Company: Shareholders, managers and business summary |website=4-Traders |location=France |access-date=May 15, 2016 |archive-date=July 18, 2018 |archive-url=https://web.archive.org/web/20180718230409/http://www.4-traders.com/FORD-MOTOR-COMPANY-12542/company |url-status=dead }}</ref><ref name=FordFamily>{{cite news |last=Rogers |first=Christina |title=Shareholders Again Back Ford Family |url=https://www.wsj.com/articles/shareholders-again-back-ford-family-1463087314 |url-status=live |work=[[The Wall Street Journal]] |date=May 12, 2016 |access-date=September 16, 2016 |archive-url=https://web.archive.org/web/20190930141157/https://www.wsj.com/articles/shareholders-again-back-ford-family-1463087314 |archive-date=September 30, 2019}}</ref><ref name=DFP0302>{{cite news |last=Howard |first=Phoebe Wall |title=Ford reveals radical plan to restructure automaker into three business units |url=https://www.freep.com/story/money/cars/ford/2022/03/02/ford-ceo-jim-farley-unveils-plan-ev-model-e/6981544001/ |work=[[Detroit Free Press]] |date=March 2, 2022 |access-date=March 3, 2022}}</ref> |
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}} |
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'''Ford Motor Company''' is |
'''Ford Motor Company''' (commonly known as '''Ford''') is an American [[multinational corporation|multinational]] automobile manufacturer headquartered in [[Dearborn, Michigan]], United States. It was founded by [[Henry Ford]] and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the [[List of Ford vehicles|Ford]] brand, and luxury cars under its [[Lincoln Motor Company|Lincoln]] brand. The company is listed on the [[New York Stock Exchange]] and is controlled by the [[Ford family (Michigan)|Ford family]]. They have minority ownership but a plurality of the voting power.<ref name=FordFamily/><ref>{{cite web |last=Muller |first=Joann |title=Ford Family's Stake Is Smaller, But They're Richer And Still Firmly In Control |url=https://www.forbes.com/sites/joannmuller/2010/12/02/ford-familys-stake-is-smaller-but-theyre-richer-and-remain-firmly-in-control/ |url-status=live |work=Forbes |date=December 2, 2010 |access-date=August 31, 2016 |archive-url=https://web.archive.org/web/20190620022525/https://www.forbes.com/sites/joannmuller/2010/12/02/ford-familys-stake-is-smaller-but-theyre-richer-and-remain-firmly-in-control/ |archive-date=June 20, 2019}}</ref> |
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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 line]]s |
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 line]]s. By 1914, these methods were known around the world as [[Fordism]]. Ford's former UK subsidiaries [[Jaguar Cars|Jaguar]] and [[Land Rover]], acquired in 1989 and 2000, respectively, were sold to the Indian automaker [[Tata Motors]] in March 2008. Ford owned the Swedish automaker [[Volvo Cars|Volvo]] from 1999 to 2010.<ref>{{cite press release|title=Ford Motor Company Completes Sale of Volvo to Geely |url=http://www.ford.com/about-ford/news-announcements/press-releases/press-releases-detail/pr-ford-motor-company-completes-sale-33059 |publisher=Ford Motor Company |date=August 2, 2010 |access-date=August 2, 2010 |archive-url=https://web.archive.org/web/20100803145728/http://www.ford.com/about-ford/news-announcements/press-releases/press-releases-detail/pr-ford-motor-company-completes-sale-33059 |archive-date=August 3, 2010}}</ref> In the third quarter of 2010, Ford discontinued the [[Mercury (automobile)|Mercury]] brand, under which it had marketed upscale cars in the United States, Canada, Mexico, and the Middle East since 1938.<ref>{{Cite news|url=https://www.nytimes.com/2010/06/03/business/03mercury.html|title=Ford to End Production of Its Mercury Line|work=The New York Times |date=June 2, 2010 |last1=Maynard |first1=Micheline }}</ref> |
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Ford is the second-largest U.S.-based automaker |
Ford is the second-largest U.S.-based automaker, behind [[General Motors]], and the [[List of manufacturers by motor vehicle production|sixth-largest in the world]], behind [[Toyota]], [[Volkswagen Group]], [[Hyundai Motor Group]], [[Stellantis]], and General Motors, based on 2022 vehicle production.<ref>{{Cite web|url=https://www.factorywarrantylist.com/car-sales-by-manufacturer.html|title=Top 15 Automakers in the World | Car Sales Rank Worldwide|website=F&I Tools}}</ref> At the end of 2010, Ford was the fifth-largest automaker in Europe.<ref>{{cite web |url=http://www.acea.be/images/uploads/files/20110114_PRPC-FINAL-1012.xls |archive-url=https://web.archive.org/web/20110927060728/http://www.acea.be/images/uploads/files/20110114_PRPC-FINAL-1012.xls |url-status=dead |archive-date=September 27, 2011 |title=New Passenger Car Registrations by Manufacturer European Union (EU) |publisher=ACEA |access-date=January 28, 2011}}</ref> The company went public in 1956 but the Ford family, through special [[Preferred stock#Other features or rights|Class B shares]], retain 40 percent of the voting rights.<ref name=FordFamily/><ref>{{cite news |url=https://www.forbes.com/sites/joannmuller/2014/03/09/william-clay-fords-legacy-cemented-familys-dynasty/ |title=William Clay Ford's Legacy Cemented Family's Dynasty |first=Joann |last=Muller |date=March 9, 2014 |work=Forbes |access-date=August 28, 2017 |archive-date=November 16, 2018 |archive-url=https://web.archive.org/web/20181116183813/https://www.forbes.com/sites/joannmuller/2014/03/09/william-clay-fords-legacy-cemented-familys-dynasty/ |url-status=live}}</ref> During the [[2008–2010 automotive industry crisis]], the company struggled financially but did not have to be rescued by the federal government, unlike the other two major US automakers.<ref>{{Cite web |title=Bush announces $17.4 billion auto bailout |url=https://www.politico.com/story/2008/12/bush-announces-174-billion-auto-bailout-016740 |access-date=April 8, 2022 |website=Politico |date=December 19, 2008 |language=en}}</ref><ref>{{Cite news|title=Stopgap auto bailout to help GM, Chrysler|date=December 19, 2008 |url=https://money.cnn.com/2008/12/19/news/companies/auto_crisis/ |access-date=April 8, 2022 |website=CNN Money }}</ref> Ford Motors has since returned to profitability,<ref>{{cite news|last=Hammond |first=Lou Ann |title=How Ford stayed strong through the financial crisis|date=January 13, 2011 |url=https://money.cnn.com/2011/01/12/autos/Bill-Ford-Alan-Mulally-carmaker.fortune/index.htm |url-status=live |website=Fortune |access-date=December 20, 2017 |archive-url=https://web.archive.org/web/20180702093254/http://archive.fortune.com/2011/01/12/autos/Bill-Ford-Alan-Mulally-carmaker.fortune/index.htm |archive-date=July 2, 2018}}</ref> and was the eleventh-ranked overall American-based company in the 2018 [[Fortune 500]] list, based on global revenues in 2017 of $156.7 billion.<ref>{{cite web |title=Ford Motor |url=http://fortune.com/fortune500/ford-motor/ |url-status=live |website=Fortune |access-date=November 9, 2018 |archive-url=https://web.archive.org/web/20190823031535/https://fortune.com/fortune500/ford-motor/ |archive-date=August 23, 2019 |language=en-US}}</ref> In 2023, Ford produced 4.4 million automobiles, and employed about 177,000 employees worldwide. The company operates joint ventures in China ([[Changan Ford]]), Taiwan ([[Ford Lio Ho]]), Thailand ([[AutoAlliance Thailand]]), and Turkey ([[Ford Otosan]]). Ford owns a 32% stake in China's [[Jiangling Motors]].<ref name="AR">{{cite web |title=Jiangling Motors Corporation, Ltd. 2017 Annual Report |url=https://q.stock.sohu.com/newpdf/201830483868.pdf |url-status=dead |archive-url=https://web.archive.org/web/20190412165832/https://q.stock.sohu.com/newpdf/201830483868.pdf |archive-date=April 12, 2019 |access-date=February 1, 2019 |publisher=JMC |pages=27, 29 |via=Sohu}}</ref><ref>{{Cite web |date=March 2023 |title=Jiangling Motors Corporation, Ltd. 2022 Annual Report |url=https://file.finance.sina.com.cn/211.154.219.97:9494/MRGG/CNSESZ_STOCK/2023/2023-3/2023-03-30/8926212.PDF |access-date=10 May 2024 |website=www.sina.com.cn |page=64}}</ref> |
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==History== |
==History== |
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{{ |
{{main|History of Ford Motor Company}} |
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[[File:Henry ford 1919.jpg|thumb|upright|[[Henry Ford]] (ca. 1919)]] |
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[[File:1910Ford-T.jpg|thumb|A 1910 [[Model T]], photographed in [[Salt Lake City]]]] |
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===20th century=== |
===20th century=== |
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[[File:Henry ford 1919.jpg|thumb|left|150px|Founder [[Henry Ford]], 1919]] |
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Henry Ford's first attempt at a car company under his own name was the [[Henry Ford Company]] on November 3, 1901, which became the [[Cadillac Motor Company]] on August 22, 1902, after Ford left with the rights to his name.<ref>{{Cite book|url=https://books.google.tn/books?id=HZLtCQAAQBAJ&pg=PA605&dq=henry+ford+first+car+attempt+in+1901#v=onepage&q=henry%20ford%20first%20car%20attempt%20in%201901|title=The Advertising Age Encyclopedia of Advertising|last=McDonough|first=John|last2=Egolf|first2=Karen|date=June 18, 2015|publisher=Routledge|isbn=9781135949068}}</ref> The Ford Motor Company was launched in a converted factory in 1903 with $28,000 in cash from twelve investors, most notably [[John Francis Dodge|John]] and [[Horace Elgin Dodge|Horace Dodge]] (who would later found [[Dodge Brothers Motor Vehicle Company|their own]] car company). The first president was not Ford, but local banker [[John S. Gray (Michigan)|John S. Gray]], who was chosen to assuage investors' fears that Ford would leave the new company the way he had left its predecessor. During its early years, the company produced just a few cars a day at its factory on [[Ford Mack Avenue Plant|Mack Avenue]] and later its [[Ford Piquette Avenue Plant|factory on Piquette Avenue]] in [[Detroit]], [[Michigan]]. Groups of two or three men worked on each car, assembling it from parts made mostly by supplier companies contracting for Ford. Within a decade, the company would lead the world in the expansion and refinement of the [[assembly line]] concept, and Ford soon brought much of the part production in-house in a [[vertical integration]] that seemed a better path for the era.{{citation needed|date=June 2018}} |
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The [[Henry Ford Company]] was Henry Ford's first attempt at a car manufacturing company and was established on November 3, 1901. This became the [[Cadillac Motor Company]] on August 22, 1902, after Ford left with the rights to his name.<ref>{{cite book |last1=McDonough |first1=John |last2=Egolf |first2=Karen |title=The Advertising Age Encyclopedia of Advertising |url=https://books.google.com/books?id=HZLtCQAAQBAJ&q=henry+ford+first+car+attempt+in+1901&pg=PA605 |url-status=live |publisher=[[Routledge]] |date=June 18, 2015 |access-date=August 15, 2019 |archive-url=https://web.archive.org/web/20200614180340/https://books.google.com/books?id=HZLtCQAAQBAJ&pg=PA605&dq=henry+ford+first+car+attempt+in+1901#q=henry%20ford%20first%20car%20attempt%20in%201901 |archive-date=June 14, 2020 |isbn=9781135949068}}</ref> In 1903, the Ford Motor Company was launched in a converted factory, with $28,000, {{Inflation|US|28,000|1903|fmt=eq|r=-3}}, in cash from twelve investors, most notably [[John Francis Dodge|John]] and [[Horace Elgin Dodge|Horace Dodge]], who later founded the [[Dodge Brothers Motor Vehicle Company]]. |
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The first president was not Ford, but local banker [[John S. Gray (Michigan)|John S. Gray]], who was chosen in order to assuage investors' fears that Ford would leave the new company the way he had left its predecessor. During its early years, the company produced just a few cars a day at [[Ford Mack Avenue Plant|its factory on Mack Avenue]] and later at its [[Ford Piquette Avenue Plant|factory on Piquette Avenue]] in [[Detroit]], [[Michigan]]. Groups of two or three men worked on each car, assembling it from parts made mostly by supplier companies contracting for Ford. Within a decade the company led the world in the expansion and refinement of the [[assembly line]] concept, and Ford soon brought much of the part production in-house, via [[vertical integration]]. |
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Henry Ford was 39 years old when he founded the Ford Motor Company, which would go on to become one of the world's largest and most profitable companies. It has been in continuous family control for over 100 years and is one of the largest family-controlled companies in the world.{{citation needed|date=June 2018}} |
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Henry Ford was 39 years old when he founded the Ford Motor Company, which became one of the world's largest and most profitable companies. It has been in continuous family control for over 100 years, and is one of the largest family-controlled companies in the world.<ref>[https://www.griequity.com/resources/industryandissues/familybusiness/topglobal.html The World’s 250 Largest Family Businesses] on Griequity.com</ref> |
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The first gasoline powered [[automobile]] had been created in 1885 by the [[Germany|German]] inventor [[Karl Benz|Carl Benz]] ([[Benz Patent-Motorwagen]]). More efficient production methods were needed to make automobiles affordable for the middle class, to which Ford contributed by, for instance, introducing the first moving [[assembly line]] in 1913 at the Ford [[Highland Park Ford Plant|factory in Highland Park]].{{citation needed|date=June 2018}} |
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The first gasoline-powered [[automobile]] was created in 1885 by the [[Germany|German]] inventor [[Karl Benz]], with his [[Benz Patent-Motorwagen]]. More efficient production methods were needed to make automobiles affordable for [[middle class]] people. To which Ford contributed by, for instance, introducing the first moving [[assembly line]] in 1913 at the Ford [[Highland Park Ford Plant|factory in Highland Park]].<ref>[https://corporate.ford.com/articles/history/highland-park.html HIGHLAND PARK] at Ford.com</ref> |
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Between 1903 and 1908, Ford produced the Models [[Ford Model A (1903-04)|A]], B, C, F, K, N, R, and S. Hundreds or a few thousand of most of these were sold per year. In 1908, Ford introduced the mass-produced [[Model T]], which totalled millions sold over nearly 20 years. In 1927, Ford replaced the T with the [[Ford Model A (1927–1931)|Model A]], the first car with safety glass in the windshield.<ref>{{cite web |url=http://www.oldcarbrochures.com/static/NA/Ford/1930_Ford/1930_Ford_Brochure_02/1930%20Ford-14-15.html |title=1930 model brochure – Beauty of Line – Mechanical excellence |publisher=Ford |year=1929 |accessdate=May 24, 2012}}</ref> Ford launched the [[Ford flathead V8|first low-priced car with a V8]] engine in 1932.{{citation needed|date=June 2018}} |
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[[File:1910Ford-T.jpg|thumb|left|A 1910 [[Model T]], introduced in 1908, photographed in [[Salt Lake City]]]] |
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In an attempt to compete with General Motors' mid-priced Pontiac, Oldsmobile, and Buick, Ford created the Mercury in 1939 as a higher-priced companion car to Ford. Henry Ford purchased the Lincoln Motor Company in 1922, in order to compete with such brands as Cadillac and Packard for the luxury segment of the automobile market.{{citation needed|date=June 2018}} |
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Between 1903 and 1908, Ford produced the Models [[Ford Model A (1903-04)|A]], B, C, F, K, N, R, and S. Hundreds or a few thousand of most of these were sold per year. In 1908, Ford introduced the mass-produced [[Model T]], which totaled millions sold over nearly 20 years. In 1927, Ford replaced the T with the [[Ford Model A (1927–1931)|Model A]], the first car with safety glass in the windshield.<ref>{{cite web |url=http://www.oldcarbrochures.com/static/NA/Ford/1930_Ford/1930_Ford_Brochure_02/1930%20Ford-14-15.html |title=1930 model brochure – Beauty of Line – Mechanical excellence |publisher=Ford |year=1929 |access-date=May 24, 2012 |archive-date=November 20, 2012 |archive-url=https://web.archive.org/web/20121120220816/http://www.oldcarbrochures.com/static/NA/Ford/1930_Ford/1930_Ford_Brochure_02/1930%20Ford-14-15.html |url-status=live }}</ref> Ford launched the [[Ford flathead V8|first low-priced car with a V8]] engine in 1932.<ref>[https://www.thehenryford.org/collections-and-research/digital-collections/expert-sets/12446/ The Ford V-8] on Henryford.org</ref> |
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In an attempt to compete with General Motors' mid-priced Pontiac, Oldsmobile, and Buick, Ford created the Mercury in 1939 as a higher-priced companion car to Ford. Henry Ford purchased the Lincoln Motor Company in 1922,<ref>[https://web.archive.org/web/20100101000000*/https://www.history.com/this-day-in-history/ford-buys-lincoln Ford buys Lincoln] on History.com (archived)</ref> in order to compete with such brands as Cadillac and Packard for the luxury segment of the automobile market.<ref>[https://www.lincolnoftroy.com/history-of-lincoln.htm The history of Lincoln] on Lincolnoftroy.com</ref> |
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In 1929, Ford was contracted by the government of the Soviet Union to set up the [[GAZ|Gorky Automobile Plant]] in Russia initially producing Ford Model A and AAs thereby playing an important role in the industrialisation of that country.<ref>{{cite journal |first=Boris M. |last=Shpotov |title=The Ford Motor Company in the Soviet Union in the 1920s-1930s: Strategy, identity, performance, reception, adaptability |url=http://www.helsinki.fi/iehc2006/papers3/Shpotov.pdf |journal=International Economic History Congress |date=August 2006 |access-date=August 8, 2016}}</ref> |
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In 1929, Ford was contracted by the government of the [[Soviet Union]] to set up the [[GAZ|Gorky Automobile Plant]] in Russia initially producing Ford Model A and AAs, thereby playing an important role in the [[industrialization]] of that country and consequently the Soviet war effort during [[World War II]].<ref>{{cite journal |last=Shpotov |first=Boris M. |date=August 2006 |title=The Ford Motor Company in the Soviet Union in the 1920s-1930s: Strategy, identity, performance, reception, adaptability |url=http://www.helsinki.fi/iehc2006/papers3/Shpotov.pdf |url-status=dead |journal=International Economic History Congress |archive-url=https://web.archive.org/web/20161020162011/http://www.helsinki.fi/iehc2006/papers3/Shpotov.pdf |archive-date=October 20, 2016 |access-date=August 8, 2016}}</ref> To that end, in 1944, Stalin wrote a letter to the [[United States Chamber of Commerce|U.S. Chamber of Commerce]] stating that Henry Ford was "one of the world's greatest industrialists".<ref>{{Cite book |last=Brinkley |first=Douglas |url=https://archive.org/details/wheelsforworldhe00brin/page/374/mode/2up |title=Wheels for the world: Henry Ford, his company, and a century of progress, 1903-2003 |date=2004 |publisher=Penguin Books |isbn=978-0-670-03181-8 |location=New York, NY |page=374 |url-access=registration}}</ref> |
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The creation of a scientific laboratory in Dearborn, Michigan in 1951, doing unfettered basic research, led to Ford's unlikely involvement in [[superconductivity]] research. In 1964, [[Ford Research Labs]] made a key breakthrough with the invention of a superconducting quantum interference device or [[SQUID]].<ref>{{cite web |url=http://spectrum.ieee.org/biomedical/imaging/how-the-ford-motor-co-invented-the-squid |title=How the Ford Motor Co. Invented the SQUID |publisher=IEEE Spectrum |first=Ann |last=Johnson |date=October 27, 2014 |accessdate=December 19, 2014}}</ref> |
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[[File:Ford Liberators Willow Run 1944.jpg|thumb|right|[[Consolidated B-24 Liberator|B-24 Liberator]] bombers being mass-produced at Ford's [[Willow Run|Willow Run assembly plant]], 1944]] |
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Ford offered the Lifeguard safety package from 1956, which included such innovations as a standard deep-dish steering wheel, optional front, and, for the first time in a car, rear seatbelts, and an optional padded dash.<ref>{{cite web |url=http://www.oldcarbrochures.com/static/NA/Ford/1956%20Ford/1956_Ford_Fairlane_Brochure/1956%20Ford%20Fairlane-06.html |title=1956 Ford Fairlane Brochure |publisher=Ford |year=1955 |accessdate=May 24, 2012}}</ref> Ford introduced child-proof door locks into its products in 1957, and, in the same year, offered the first retractable hardtop on a mass-produced six-seater car.{{citation needed|date=June 2018}} |
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During World War II, the [[United States Department of War]] picked Ford to mass-produce the [[Consolidated B-24 Liberator]] bomber at its Willow Run assembly plant.<ref>{{cite web |last1=Trainor |first1=Tim |title=How Ford's Willow Run Assembly Plant Helped Win World War II |url=https://www.assemblymag.com/articles/94614-how-fords-willow-run-assembly-plant-helped-win-world-war-ii |website=Assembly |access-date=June 4, 2022}}</ref> [[Ford Germany|Ford Werke]] and [[Ford SAF]], Ford's subsidiaries in Germany and France, respectively, produced military vehicles and other equipment for [[Nazi Germany]]'s [[German re-armament|war effort]]. Some of Ford's operations in Germany at the time were run [[Forced labour under German rule during World War II|using forced labor]]. |
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In late 1955, Ford established the Continental division as a separate luxury car division. This division was responsible for the manufacture and sale of the famous Continental Mark II. At the same time, the Edsel division was created to design and market that car starting with the 1958 model year. Due to limited sales of the Continental and the Edsel disaster, Ford merged Lincoln, Mercury, and Edsel into "M-E-L," which reverted to "Lincoln-Mercury" after Edsel's November 1959 demise.{{citation needed|date=June 2018}} |
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The creation of a scientific laboratory in Dearborn, Michigan, in 1951, doing unfettered basic research, led to Ford's involvement in [[superconductivity]] research. In 1964, Ford Research Labs made a key breakthrough with the invention of a superconducting quantum interference device or [[SQUID]].<ref>{{cite magazine |last=Johnson |first=Ann |url=https://spectrum.ieee.org/how-the-ford-motor-co-invented-the-squid |title=How the Ford Motor Co. Invented the SQUID |magazine=IEEE Spectrum |date=October 27, 2014 |access-date=December 19, 2014 |archive-date=December 23, 2014 |archive-url=https://web.archive.org/web/20141223014910/http://spectrum.ieee.org/biomedical/imaging/how-the-ford-motor-co-invented-the-squid |url-status=live}}</ref> |
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The Ford Mustang was introduced in April 17, 1964 during New York World's Fair.<ref>{{Cite news|url=https://www.usatoday.com/story/money/cars/2013/12/04/timeline-photo-gallery-50-years-mustangs-ford-pony-car/3869857/|title=Photo gallery, timeline: 50 years of Ford Mustangs|work=USA TODAY|access-date=December 20, 2017}}</ref> In 1965, Ford introduced the seat belt reminder light.{{citation needed|date=June 2018}} |
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Ford offered [[Lifeguard (automobile safety)|the Lifeguard safety package from 1956]], which included such innovations as a standard deep-dish steering wheel, optional front, and, for the first time in a car, rear seatbelts, and an optional padded dash.<ref>{{cite web |url=http://www.oldcarbrochures.com/static/NA/Ford/1956%20Ford/1956_Ford_Fairlane_Brochure/1956%20Ford%20Fairlane-06.html |title=1956 Ford Fairlane Brochure |publisher=Ford |year=1955 |access-date=May 24, 2012 |archive-date=November 29, 2012 |archive-url=https://web.archive.org/web/20121129110706/http://www.oldcarbrochures.com/static/NA/Ford/1956%20Ford/1956_Ford_Fairlane_Brochure/1956%20Ford%20Fairlane-06.html |url-status=live}}</ref> Ford introduced child-proof door locks into its products in 1957, and, in the same year, offered the first retractable hardtop on a mass-produced six-seater car.<ref name="Flory Jr. 2008">{{cite book|last=Flory Jr.|first=J. "Kelly"|title=American Cars, 1946-1959 Every Model Every Year|year=2008|publisher=McFarland & Company, Inc., Publishers|isbn=978-0-7864-3229-5}}</ref> |
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With the 1980s, Ford introduced several highly successful vehicles around the world. During the 1980s, Ford began using the advertising slogan, "Have you driven a Ford, lately?" to introduce new customers to their brand and make their vehicles appear more modern. In 1990 and 1994 respectively, Ford also acquired [[Jaguar Cars]] and [[Aston Martin]].<ref>{{cite web |url=http://gearheads.org/the-history-of-ford-motor-company/ |title=The History of Ford Motor Company |date=May 17, 2012 |publisher=GearHeads|accessdate=June 22, 2012}}</ref> During the mid- to late 1990s, Ford continued to sell large numbers of vehicles, in a booming [[United States|American]] economy with a soaring stock market and low fuel prices.{{citation needed|date=June 2018}} |
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In late 1955, Ford established the Continental division as a separate luxury car division. This division was responsible for the manufacture and sale of the famous [[Continental Mark II]]. At the same time, the [[Edsel]] division was created to design and market that car starting with the 1958 model year. Due to limited sales of the Continental and the Edsel disaster, Ford merged Mercury, Edsel, and Lincoln into "M-E-L," which reverted to "Lincoln-Mercury" after Edsel's November 1959 demise.<ref name="Flory Jr. 2008"/> |
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With the dawn of the new century, legacy [[health care prices in the United States|health care costs]], higher fuel prices, and a faltering economy led to falling market shares, declining sales, and diminished profit margins. Most of the corporate profits came from financing consumer automobile loans through [[Ford Motor Credit Company]].<ref>{{cite news|last=Leggett |first=Theo |url=http://news.bbc.co.uk/1/hi/business/4297305.stm |title=Ford fighting to keep its shine |publisher=BBC News |date=March 6, 2005 |accessdate=September 19, 2010}}</ref> |
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[[File:Ford Pavilion.jpg|thumb|The introduction of the [[Ford Mustang]] at the [[1964 New York World's Fair]].]] |
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The [[Ford Mustang]] was introduced on April 17, 1964, during the [[1964 New York World's Fair]], where Ford had a pavilion made by [[The Walt Disney Company]].<ref>{{Cite news|url=https://www.usatoday.com/story/money/cars/2013/12/04/timeline-photo-gallery-50-years-mustangs-ford-pony-car/3869857/|title=Photo gallery, timeline: 50 years of Ford Mustangs|work=USA TODAY|access-date=December 20, 2017|archive-date=December 22, 2017|archive-url=https://web.archive.org/web/20171222065532/https://www.usatoday.com/story/money/cars/2013/12/04/timeline-photo-gallery-50-years-mustangs-ford-pony-car/3869857/|url-status=live}}</ref><ref>{{cite book |last1=Goldberg |first1=Aaron H. |title=The Disney Story: Chronicling the Man, the Mouse and the Parks |date=2016 |publisher=Quaker Scribe Publishing |isbn=978-0-692-76636-1 |url=https://books.google.com/books?id=gd1XDwAAQBAJ&q=disney+ford+1964&pg=PT107 |access-date=February 13, 2020 |archive-date=October 9, 2020 |archive-url=https://web.archive.org/web/20201009162343/https://books.google.com/books?id=gd1XDwAAQBAJ&pg=PT107&dq=disney+ford+1964#q=disney%20ford%201964 |url-status=live }}</ref> In 1965, Ford introduced the seat belt reminder light.<ref>{{Cite web|url=https://fredsautorepair.com/index.php/2022/09/30/history-of-seat-belts-in-the-united-states|title=History of Seat Belts in the United States|date=September 30, 2022}}</ref> |
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With the 1980s, Ford introduced several highly successful vehicles around the world. During the 1980s, Ford began using the advertising slogan, "Have you driven a Ford, lately?" to introduce new customers to their brand and make their vehicles appear more modern. In 1990 and 1994, respectively, Ford also acquired [[Jaguar Cars]] and [[Aston Martin]].<ref>{{cite web |url=http://gearheads.org/the-history-of-ford-motor-company/ |title=The History of Ford Motor Company |date=May 17, 2012 |publisher=GearHeads |access-date=June 22, 2012 |archive-date=May 19, 2012 |archive-url=https://web.archive.org/web/20120519063133/http://gearheads.org/the-history-of-ford-motor-company/ |url-status=dead }}</ref> During the mid-to-late 1990s, Ford continued to sell large numbers of vehicles, in a booming [[United States|American]] economy with a soaring stock market and low fuel prices.<ref>{{Cite web |url=https://www.goodcarbadcar.net/ford-motor-company-us-sales-figures/ |title=Ford Motor Company Sales Figures – US Market |website=Good Car Bad Car |location=US |access-date=2024-08-11}}</ref> |
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With the dawn of the new century, legacy [[health care prices in the United States|health care costs]], higher fuel prices, and a faltering economy led to falling market shares, declining sales, and diminished profit margins. Most of the corporate profits came from financing consumer automobile loans through [[Ford Motor Credit Company]].<ref>{{cite news |last=Leggett |first=Theo |url=http://news.bbc.co.uk/1/hi/business/4297305.stm |title=Ford fighting to keep its shine |publisher=[[BBC News]] |date=March 6, 2005 |access-date=September 19, 2010 |archive-date=March 27, 2009 |archive-url=https://web.archive.org/web/20090327180521/http://news.bbc.co.uk/1/hi/business/4297305.stm |url-status=live}}</ref> |
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===21st century=== |
===21st century=== |
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By 2005, both Ford and [[General Motors|GM]]'s corporate bonds had been downgraded to junk status<ref>{{cite news |url=https://www.washingtonpost.com/wp-dyn/articles/A41573-2005May6.html |title=GM, Ford Bond Ratings Cut to Junk Status |newspaper=[[The Washington Post]] |date=May 6, 2005 |access-date=September 19, 2010 |first=Greg |last=Schneider |archive-date=November 4, 2012 |archive-url=https://web.archive.org/web/20121104175107/http://www.washingtonpost.com/wp-dyn/articles/A41573-2005May6.html |url-status=live}}</ref> as a result of high U.S. health care costs for an [[Aging in the American workforce|aging workforce]], soaring gasoline prices, eroding market share, and an overdependence on declining [[Sport utility vehicle|SUV]] sales. Profit margins decreased on large vehicles due to increased "incentives" (in the form of rebates or low-interest financing) to offset declining demand.<ref>{{cite web|url=http://findarticles.com/p/articles/mi_qn4155/is_19991124/ai_n13845438|archive-url=https://web.archive.org/web/20080103124521/http://findarticles.com/p/articles/mi_qn4155/is_19991124/ai_n13845438|url-status=dead|archive-date=January 3, 2008|title=Rebate wars - Chicago Sun-Times - Find Articles at BNET.com|date=January 3, 2008}}</ref> In the latter half of 2005, Chairman Bill Ford asked newly appointed Ford Americas Division President [[Mark Fields (businessman)|Mark Fields]] to develop a plan to return the company to profitability. Fields previewed the plan, named ''[[The Way Forward]]'', at the board meeting of the company on December 7, 2005, and it was unveiled to the public on January 23, 2006. "The Way Forward" included resizing the company to match market realities, dropping some unprofitable and inefficient models, consolidating production lines, closing 14 factories and cutting 30,000 jobs.<ref>{{cite news |last1=Maynard |first1=M. |last2=Bajaj |first2=V. |title=Ford to Cut Up to 30,000 Jobs and 14 Plants in Next 6 Years |work=[[The New York Times]] |date=January 23, 2006 |url=https://www.nytimes.com/2006/01/23/automobiles/23cnd-ford.html |url-status=live |access-date=February 16, 2017 |archive-url=https://web.archive.org/web/20090423143832/http://www.nytimes.com/2006/01/23/automobiles/23cnd-ford.html |archive-date=April 23, 2009}}</ref> |
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[[File:Bill Ford 2011.jpg|thumb|right|upright|[[William Clay Ford Jr.]], great-grandson of Henry Ford, serves as the [[executive chairman]] at the board of Ford Motor Company]] |
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By 2005, both Ford and [[General motors|GM]]'s corporate bonds had been downgraded to junk status,<ref>{{cite news|url=https://www.washingtonpost.com/wp-dyn/articles/A41573-2005May6.html |title=GM, Ford Bond Ratings Cut to Junk Status |work=The Washington Post |date=May 6, 2005 |accessdate=September 19, 2010 |first=Greg |last=Schneider}}</ref> as a result of high U.S. health care costs for an [[Aging in the American workforce|aging workforce]], soaring gasoline prices, eroding market share, and an over dependence on declining [[Sport utility vehicle|SUV]] sales. Profit margins decreased on large vehicles due to increased "incentives" (in the form of rebates or low interest financing) to offset declining demand.<ref>{{cite web|url=http://findarticles.com/p/articles/mi_qn4155/is_19991124/ai_n13845438|archive-url=https://web.archive.org/web/20080103124521/http://findarticles.com/p/articles/mi_qn4155/is_19991124/ai_n13845438|dead-url=yes|archive-date=January 3, 2008|title=Rebate wars - Chicago Sun-Times - Find Articles at BNET.com|date=January 3, 2008|publisher=}}</ref> In the latter half of 2005, Chairman Bill Ford asked newly appointed Ford Americas Division President [[Mark Fields (businessman)|Mark Fields]] to develop a plan to return the company to profitability. Fields previewed the Plan, named ''[[The Way Forward]]'', at the December 7, 2005, board meeting of the company and it was unveiled to the public on January 23, 2006. "The Way Forward" included resizing the company to match market realities, dropping some unprofitable and inefficient models, consolidating production lines, closing 14 factories and cutting 30,000 jobs.<ref>{{cite news | authors = M. Maynard and V. Bajaj | title = Ford to Cut Up to 30,000 Jobs and 14 Plants in Next 6 Years |work=The New York Times | date=January 23, 2006 | url = https://www.nytimes.com/2006/01/23/automobiles/23cnd-ford.html }}</ref> |
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Ford moved to introduce a range of new vehicles, including "[[Crossover SUV]]s" built on [[unibody]] car platforms, rather than more [[body-on-frame]] chassis. In developing the hybrid electric powertrain technologies for the [[Ford Escape Hybrid]] SUV, |
Ford moved to introduce a range of new vehicles, including "[[Crossover SUV]]s" built on [[unibody]] car platforms, rather than more [[body-on-frame]] chassis. In developing the hybrid electric powertrain technologies for the [[Ford Escape Hybrid]] SUV, the company licensed similar Toyota hybrid technologies<ref>{{cite news |last1=Zaun |first1=Todd |last2=Hakim |first2=Danny |title=Ford to License Toyota's Hybrid Technology |url=https://query.nytimes.com/gst/fullpage.html?res=9C02E6DE153EF933A25750C0A9629C8B63 |url-status=live |newspaper=The New York Times |date=March 10, 2004 |access-date=September 19, 2010 |archive-url=https://web.archive.org/web/20080326221905/http://query.nytimes.com/gst/fullpage.html?res=9C02E6DE153EF933A25750C0A9629C8B63 |archive-date=March 26, 2008}}</ref> in order to avoid patent infringements.<ref>{{cite web |last=Nussbaum |first=Bruce |title=Is Ford Innovative? Part Two |url=http://www.businessweek.com/innovate/NussbaumOnDesign/archives/2005/11/is_ford_innovat_1.html |url-status=dead |work=Business Week |date=November 1, 2005 |access-date=September 19, 2010 |archive-url=https://web.archive.org/web/20090905031110/http://www.businessweek.com/innovate/NussbaumOnDesign/archives/2005/11/is_ford_innovat_1.html |archive-date=September 5, 2009}}</ref> Ford announced that it would team up with electricity supply company [[Southern California Edison]] (SCE) to examine the future of [[plug-in hybrid]]s in terms of how home and vehicle energy systems will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford is to convert a demonstration fleet of [[Ford Escape Hybrid]]s into plug-in hybrids, and SCE is to evaluate how the vehicles might interact with the home and the utility's electrical grid. Some of the vehicles are to be evaluated "in typical customer settings", according to Ford.<ref name="akhrum">{{cite web |url=http://www.eere.energy.gov/news/enn.cfm#id_11093 |title=EERE News: EERE Network News |publisher=Eere.energy.gov |date=September 15, 2010 |access-date=September 19, 2010 |archive-date=August 28, 2008 |archive-url=https://web.archive.org/web/20080828091738/http://www.eere.energy.gov/news/enn.cfm#id_11093 |url-status=live}}</ref><ref name="edison">{{cite press release|url=http://media.ford.com/newsroom/release_display.cfm?release=26326|title=Ford Motor Company And Southern California Edison Join Forces To Advance A New Transportation And Energy Vision|publisher=Ford Motor Company|archive-url=https://web.archive.org/web/20071011195651/http://media.ford.com/newsroom/release_display.cfm?release=26326 |archive-date=October 11, 2007}}</ref> |
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[[File:Bill Ford 2011.jpg|thumb|[[William Clay Ford Jr.]], great-grandson of Henry Ford, serves as the [[executive chairman]] at the board of Ford Motor Company.]] |
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[[William Clay Ford Jr.]], great-grandson of Henry Ford (and better known by his nickname "Bill"), was appointed executive chairman in 1998, and also became chief executive officer of the company in 2001, with the departure of [[Jacques Nasser]], becoming the first member of the Ford family to head the company since the retirement of his uncle, [[Henry Ford II]], in 1982. Ford sold motorsport engineering company [[Cosworth]] to [[Gerald Forsythe]] and [[Kevin Kalkhoven]] in 2004, the start of a decrease in Ford's motorsport involvement. Upon the retirement of president and chief operations officer Jim Padilla in April 2006, Bill Ford assumed his roles as well. Five months later, in September, Ford named [[Alan Mulally]] as president and CEO, with Ford continuing as executive chairman. In December 2006, the company raised its borrowing capacity to about $25 billion, placing substantially all corporate assets as collateral.<ref>{{cite web|url=http://www.detnews.com/apps/pbcs.dll/article?AID=/20061128/AUTO01/611280378 |title=Ford Bets The House |publisher=The Detroit News |date=November 28, 2006 |accessdate=September 19, 2010}}</ref> Chairman Bill Ford has stated that "bankruptcy is not an option".<ref>{{cite journal|url=https://www.forbes.com/2006/04/05/ford-bankruptcy-cuts-cx_gl_0405autofacescan15.html|first=Greg|last=Levine|title=Ford CEO: 'Honesty' Best Weapon Against Bankruptcy |work=Forbes |date=April 5, 2006 |accessdate=September 19, 2010}}</ref> Ford and the [[United Auto Workers]], representing approximately 46,000 hourly workers in North America, agreed to a historic contract settlement in November 2007 giving the company a substantial break in terms of its ongoing retiree health care costs and other economic issues. The agreement included the establishment of a company-funded, independently run [[Voluntary Employee Beneficiary Association]] (VEBA) trust to shift the burden of retiree health care from the company's books, thereby improving its balance sheet. This arrangement took effect on January 1, 2010. As a sign of its currently strong cash position, Ford contributed its entire current liability (estimated at approximately {{USD|5.5 billion}} as of December 31, 2009) to the VEBA in cash, and also pre-paid {{USD|500 million}} of its future liabilities to the fund. The agreement also gives hourly workers the job security they were seeking by having the company commit to substantial investments in most of its factories. |
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[[William Clay Ford Jr.]], great-grandson of Henry Ford (and better known by his nickname "Bill"), was appointed executive chairman in 1998, and also became chief executive officer of the company in 2001, with the departure of [[Jacques Nasser]], becoming the first member of the Ford family to head the company since the retirement of his uncle, [[Henry Ford II]], in 1982. Ford sold motorsport engineering company [[Cosworth]] to [[Gerald Forsythe]] and [[Kevin Kalkhoven]] in 2004, the start of a decrease in Ford's motorsport involvement. Upon the retirement of president and chief operations officer Jim Padilla in April 2006, Bill Ford assumed his roles as well. Five months later, in September, Ford named [[Alan Mulally]] as president and CEO, with Ford continuing as executive chairman. |
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The automaker reported the largest annual loss in company history in 2006 of $12.7 billion,<ref>{{cite news| url=http://money.cnn.com/2007/01/25/news/companies/ford_2006_loss/index.htm |publisher=CNN | title=Ford: Biggest loss ever | date=January 25, 2007 | accessdate=May 2, 2010 | first1=Chris | last1=Isidore}}</ref> and estimated that it would not return to profitability until 2009.<ref>{{cite news|url=http://news.bbc.co.uk/2/hi/business/6298463.stm |title=Ford hit by record $12.7bn loss |publisher=BBC News |date=January 25, 2007 |accessdate=September 19, 2010}}</ref> However, Ford surprised [[Wall Street]] in the second quarter of 2007 by posting a $750 million profit. Despite the gains, the company finished the year with a $2.7 billion loss, largely attributed to finance restructuring at [[Volvo cars|Volvo]].<ref>{{cite news|url=http://www.ft.com/cms/s/0/ec11f244-cacc-11dc-a960-000077b07658.html |title=Ford takes $2.4bn writedown for Volvo |newspaper=FinancialTimes |date=January 24, 2008 |accessdate=September 19, 2010}}</ref> |
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In December 2006, the company raised its borrowing capacity to about $25 billion, placing substantially all corporate assets as collateral.<ref>{{cite news|url=http://www.detnews.com/apps/pbcs.dll/article?AID=/20061128/AUTO01/611280378 |title=Ford Bets The House |newspaper=The Detroit News |date=November 28, 2006 |access-date=September 19, 2010}}</ref> Chairman Bill Ford has stated that "bankruptcy is not an option".<ref>{{cite journal|url=https://www.forbes.com/2006/04/05/ford-bankruptcy-cuts-cx_gl_0405autofacescan15.html|first=Greg|last=Levine|title=Ford CEO: 'Honesty' Best Weapon Against Bankruptcy|journal=Forbes|date=April 5, 2006|access-date=September 19, 2010|archive-date=December 2, 2010|archive-url=https://web.archive.org/web/20101202053959/http://www.forbes.com/2006/04/05/ford-bankruptcy-cuts-cx_gl_0405autofacescan15.html|url-status=live}}</ref> Ford and the [[United Auto Workers]], representing approximately 46,000 hourly workers in North America, agreed to a historic contract settlement in November 2007 giving the company a substantial break in terms of its ongoing retiree health care costs and other economic issues. The agreement included the establishment of a company-funded, independently run [[Voluntary Employee Beneficiary Association]] (VEBA) trust to shift the burden of retiree health care from the company's books, thereby improving its balance sheet. This arrangement took effect on January 1, 2010. As a sign of its currently strong cash position, Ford contributed its entire current liability (estimated at {{USD|5.5 billion}} as of December 31, 2009) to the VEBA in cash, and also pre-paid {{USD|500 million}} of its future liabilities to the fund. The agreement also gave hourly workers the job security they were seeking by having the company commit to substantial investments in most of its factories. |
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On June 2, 2008, Ford sold its Jaguar and Land Rover operations to [[Tata Motors]] for $2.3 billion.<ref name="r_20080602">{{cite news |title=Tata Motors completes acquisition of Jag, Land Rover |date=June 2, 2008 |publisher=Thomson Reuters |url=https://www.reuters.com/article/ousiv/idUSBMA00084220080602 |accessdate=June 2, 2008}}</ref><ref>{{cite web|url=http://www.autoweek.com/apps/pbcs.dll/article?AID=/20080630/FREE/940478590/1528/newsletter01 |title=On U.S. tour, Mr. Tata gives Jaguar and Rover dealers a hug: AutoWeek Magazine |publisher=Autoweek.com |accessdate=June 18, 2009}}</ref> |
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The automaker reported the largest annual loss in company history in 2006 of $12.7 billion,<ref>{{cite news |last=Isidore |first=Chris |title=Ford: Biggest loss ever |url=https://money.cnn.com/2007/01/25/news/companies/ford_2006_loss/index.htm |url-status=live |publisher=[[CNN]] |date=January 25, 2007 |access-date=May 2, 2010 |archive-url=https://web.archive.org/web/20110605233918/http://money.cnn.com/2007/01/25/news/companies/ford_2006_loss/index.htm |archive-date=June 5, 2011}}</ref> and estimated that it would not return to profitability until 2009.<ref>{{cite news |url=http://news.bbc.co.uk/2/hi/business/6298463.stm |title=Ford hit by record $12.7bn loss |publisher=BBC News |date=January 25, 2007 |access-date=September 19, 2010 |archive-date=December 2, 2010 |archive-url=https://web.archive.org/web/20101202035945/http://news.bbc.co.uk/2/hi/business/6298463.stm |url-status=live}}</ref> However, Ford surprised [[Wall Street]] in the second quarter of 2007 by posting a $750 million profit. Despite the gains, the company finished the year with a $2.7 billion loss, largely attributed to finance restructuring at [[Volvo Cars|Volvo]].<ref>{{cite news |url=http://www.ft.com/cms/s/0/ec11f244-cacc-11dc-a960-000077b07658.html |title=Ford takes $2.4bn writedown for Volvo |newspaper=Financial Times |date=January 24, 2008 |access-date=September 19, 2010 |archive-date=May 15, 2010 |archive-url=https://web.archive.org/web/20100515233503/http://www.ft.com/cms/s/0/ec11f244-cacc-11dc-a960-000077b07658.html |url-status=live}}</ref> On June 2, 2008, Ford sold its Jaguar and Land Rover operations to [[Tata Motors]] for $2.3 billion.<ref name="r_20080602">{{cite news |title=Tata Motors completes acquisition of Jag, Land Rover |date=June 2, 2008 |publisher=[[Reuters]] |url=https://www.reuters.com/article/ousiv/idUSBMA00084220080602 |access-date=June 2, 2008 |archive-date=December 29, 2008 |archive-url=https://web.archive.org/web/20081229000957/http://www.reuters.com/article/ousiv/idUSBMA00084220080602 |url-status=live}}</ref><ref>{{cite web |url=http://www.autoweek.com/apps/pbcs.dll/article?AID=/20080630/FREE/940478590/1528/newsletter01 |title=On U.S. tour, Mr. Tata gives Jaguar and Rover dealers a hug: AutoWeek Magazine |publisher=Autoweek.com |access-date=June 18, 2009 |archive-url=https://web.archive.org/web/20120117204002/http://www.autoweek.com/apps/pbcs.dll/article?AID=%2F20080630%2FFREE%2F940478590%2F1528%2Fnewsletter01 |archive-date=January 17, 2012 |url-status=dead}}</ref> |
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During congressional hearings held in November 2008 at Washington D.C., and in a show of support, Ford's Alan Mulally stated that "We at Ford are hopeful that we have enough liquidity. But we also must prepare ourselves for the prospect of further deteriorating economic conditions". Mulally went on to state that "The collapse of one of our competitors would have a severe impact on Ford" and that Ford Motor Company's supports both Chrysler and General Motors in their search for government bridge loans in the face of conditions caused by the [[2007–2012 global financial crisis|2008 financial crisis]].<ref>[http://www.banking.senate.gov/public/_files/Mulally0Ford12408FinalWrittenTestimony.pdf?&em Ford's Mulally Testifies to Senate on November 18, 2008.] {{dead link|date=January 2019|bot=medic}}{{cbignore|bot=medic}} Retrieved November 30, 2013.</ref><ref>{{cite web |url=https://www.npr.org/templates/story/story.php?storyId=97481354 |title=Ford Exec: 'We Are Sensitive To Public Opinion' |work=NPR.org |date=November 25, 2008 |accessdate=February 25, 2013}}</ref> Together, the three companies presented action plans for the sustainability of the industry. Mulally stated that "In addition to our plan, we are also here today to request support for the industry. In the near-term, Ford does not require access to a government bridge loan. However, we request a credit line of $9 billion as a critical backstop or safeguard against worsening conditions as we drive transformational change in our company"<ref>{{cite news|url=https://www.nytimes.com/2008/11/19/business/19auto.html|title= Detroit Chiefs Plead for Aid|work= [[The New York Times]]|date=November 18, 2008|access-date=November 21, 2008}}</ref> GM and Chrysler received government loans and financing through [[T.A.R.P.]] legislation funding provisions.<ref>{{cite news|url=https://www.nytimes.com/2008/12/19/business/worldbusiness/19iht-auto.4.18831532.html|title=Bush offers emergency loans up to $17.4 billion to GM and Chrysler|work=[[The New York Times]]|publisher=[[Arthur Ochs Sulzberger, Jr.]], [[The New York Times Company]]|date=December 19, 2008|accessdate=December 30, 2015|first1=David M.|last1=Herszenhorn|first2=David E.|last2=Sanger}}</ref> |
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[[File:Kansas City Assembly.png|thumb|A worker installs a seat into a Ford F-150 at the [[Ford Kansas City Assembly Plant]] in 2008 which was a critical time for the automaker due to the [[2008–2010 automotive industry crisis]]]] |
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On December 19, the cost of [[credit default swap]]s to insure the debt of Ford was 68 percent the sum insured for five years in addition to annual payments of 5 percent. That meant $6.8 million paid upfront to insure $10 million in debt, in addition to payments of $500,000 per year.<ref>{{cite news|url=http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKN1944446120081219|title= GM, Ford default swaps fall on Bush bailout plan|author= Karen Brettell|work= [[Reuters]]|date=December 19, 2008}}</ref> In January 2009, Ford reported a $14.6 billion loss in the preceding year, a record for the company. The company retained sufficient liquidity to fund its operations. Through April 2009, Ford's strategy of debt for equity exchanges erased $9.9 billion in liabilities (28% of its total) in order to leverage its cash position.<ref name=Dolan>{{cite news|author=Dolan, Matthew D., and John D. Stoll|date=April 7, 2009|url=https://www.wsj.com/articles/SB123902308085992679|title= Ford Trims Debt 28%|work=[[The Wall Street Journal]]|access-date=July 23, 2009}}</ref> These actions yielded Ford a $2.7 billion profit in fiscal year 2009, the company's first full-year profit in four years.<ref>{{cite news|url=https://www.nytimes.com/2010/01/29/business/29ford.html|title=Ford Profit Comes as Toyota Hits a Bump|work=The New York Times |date=January 28, 2010|accessdate=February 2, 2010 | first=Nick | last=Bunkley}}</ref> In 2012, Ford's corporate bonds were upgraded from junk to investment grade again, citing sustainable, lasting improvements.<ref>{{cite news|last=Bomey|first=Nathan|title=The Blue Oval is Ford's again as credit upgrade frees automaker's assets from mortgage|url=http://www.freep.com/article/20120522/BUSINESS0102/120522056/Moody-Ford-credit-upgrade|newspaper=Detroit Free Press}}</ref> |
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During congressional hearings held in November 2008 at Washington D.C., Ford's Alan Mulally stated that "We at Ford are hopeful that we have enough liquidity. But we also must prepare ourselves for the prospect of further deteriorating economic conditions". He went on to state that "The collapse of one of our competitors would have a severe impact on Ford" and that Ford Motor Company supported both Chrysler and General Motors in their search for government bridge loans during the [[2008–2010 automotive industry crisis]].<ref>{{cite news |url=https://www.nytimes.com/video/business/1194833294888/ford-s-mulally-testifies-to-senate.html |title=Ford's Mulally Testifies to Senate |work=The New York Times |date=November 18, 2008 |access-date=2024-04-06}}</ref><ref>{{cite news |title=Ford Exec: 'We Are Sensitive To Public Opinion' |url=https://www.npr.org/templates/story/story.php?storyId=97481354 |url-status=live |publisher=[[NPR]] |date=November 25, 2008 |access-date=February 25, 2013 |archive-url=https://web.archive.org/web/20130131234734/http://www.npr.org/templates/story/story.php?storyId=97481354 |archive-date=January 31, 2013}}</ref> Together, the three companies presented action plans for the sustainability of the industry. Mulally stated that "In addition to our plan, we are also here today to request support for the industry. In the near-term, Ford does not require access to a government bridge loan. However, we request a credit line of $9 billion as a critical backstop or safeguard against worsening conditions as we drive transformational change in our company".<ref>{{cite news |last1=Vlasic |first1=Bill |last2=Herszenhorn |first2=David E. |title=Detroit Chiefs Plead for Aid |url=https://www.nytimes.com/2008/11/19/business/19auto.html |url-status=live |work=The New York Times |date=November 18, 2008 |access-date=November 21, 2008 |archive-url=https://web.archive.org/web/20081211092125/http://www.nytimes.com/2008/11/19/business/19auto.html |archive-date=December 11, 2008}}</ref> GM and Chrysler received government loans and financing through [[T.A.R.P.]] legislation funding provisions.<ref>{{cite news|url=https://www.nytimes.com/2008/12/19/business/worldbusiness/19iht-auto.4.18831532.html|title=Bush offers emergency loans up to $17.4 billion to GM and Chrysler|work=The New York Times|date=December 19, 2008|access-date=December 30, 2015|first1=David M.|last1=Herszenhorn|first2=David E.|last2=Sanger|archive-date=July 20, 2016|archive-url=https://web.archive.org/web/20160720041017/http://www.nytimes.com/2008/12/19/business/worldbusiness/19iht-auto.4.18831532.html|url-status=live}}</ref> |
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On October 29, 2012, Ford announced the sale of its climate control components business, its last remaining automotive components operation, to Detroit Thermal Systems LLC for an undisclosed price.<ref>{{cite news|url= https://www.reuters.com/article/2012/10/29/us-ford-valeo-idUSBRE89S05C20121029|title=Ford to sell climate control business to Detroit Thermal Systems|date=October 29, 2012 |work= Reuters|first=Sakthi|last=Prasad}}</ref> |
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On December 19, the cost of [[credit default swap]]s to insure the debt of Ford was 68 percent of the sum insured for five years, in addition to annual payments of 5 percent. That meant $6.8 million paid upfront to insure $10 million in debt, in addition to payments of $500,000 per year.<ref>{{cite news |last=Brettell |first=Karen |title=GM, Ford default swaps fall on Bush bailout plan |url=http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKN1944446120081219 |url-status=dead |publisher=Reuters |date=December 19, 2008 |access-date=December 23, 2008 |archive-url=https://web.archive.org/web/20081222013852/http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKN1944446120081219 |archive-date=December 22, 2008}}</ref> In January 2009, Ford reported a $14.6 billion loss in the preceding year, a record for the company. The company retained sufficient liquidity to fund its operations. Through April 2009, Ford's strategy of [[debt-for-equity]] exchanges erased $9.9 billion in liabilities (28% of its total) in order to leverage its cash position.<ref name=Dolan>{{cite news |last1=Dolan |first1=Matthew D. |last2=Stoll |first2=John D. |date=April 7, 2009 |url=https://www.wsj.com/articles/SB123902308085992679 |title=Ford Trims Debt 28% |work=The Wall Street Journal |access-date=July 23, 2009 |archive-date=February 1, 2016 |archive-url=https://web.archive.org/web/20160201105149/http://www.wsj.com/articles/SB123902308085992679 |url-status=live}}</ref> These actions yielded Ford a $2.7 billion profit in fiscal year 2009, the company's first full-year profit in four years.<ref>{{cite news|url=https://www.nytimes.com/2010/01/29/business/29ford.html|title=Ford Profit Comes as Toyota Hits a Bump|work=The New York Times|date=January 28, 2010|access-date=February 2, 2010|first=Nick|last=Bunkley|archive-date=February 2, 2010|archive-url=https://web.archive.org/web/20100202045303/http://www.nytimes.com/2010/01/29/business/29ford.html|url-status=live}}</ref> In 2012, Ford's corporate bonds were upgraded from junk to investment grade again, citing sustainable, lasting improvements.<ref>{{cite news |last=Bomey |first=Nathan |title=The Blue Oval is Ford's again as credit upgrade frees automaker's assets from mortgage|url=http://www.freep.com/article/20120522/BUSINESS0102/120522056/Moody-Ford-credit-upgrade|newspaper=Detroit Free Press|access-date=September 8, 2012|archive-date=June 26, 2012|archive-url=https://web.archive.org/web/20120626024327/http://www.freep.com/article/20120522/BUSINESS0102/120522056/Moody-Ford-credit-upgrade|url-status=live}}</ref> |
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On November 1, 2012, Ford announced that [[CEO]] [[Alan Mulally]] will stay with the company until 2014. Ford also named [[Mark Fields (businessman)|Mark Fields]], the president of operations in Americas, as its new chief operating officer<ref>{{cite news|url=https://www.nytimes.com/aponline/2012/11/01/us/ap-us-ford-ceo.html|title=Ford's Mulally Stays Through 2014, Fields Is COO|work= The New York Times}}</ref> Ford's CEO Mulally was paid a compensation of over $174 million in his previous seven years at Ford since 2006. The generous amount has been a sore point for some workers of the company.<ref>{{cite news |url=http://bigstory.ap.org/article/mulally-puts-focus-back-fords-cars-trucks-0 |title=Mulally puts the focus back on Ford's cars, trucks |first1=Dee-Ann |last1=Durbin |first2=Tom |last2=Krisher |work=ap.org |date=January 8, 2014 |accessdate=January 8, 2014}}</ref> |
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On October 29, 2012, Ford announced the sale of its climate control components business, its last remaining automotive components operation, to Detroit Thermal Systems LLC for an undisclosed price.<ref>{{cite news |last=Prasad |first=Sakthi |title=Ford to sell climate control business to Detroit Thermal Systems |url=https://www.reuters.com/article/us-ford-valeo-idUSBRE89S05C20121029 |url-status=live |publisher=Reuters |date=October 29, 2012 |access-date=July 1, 2017 |archive-url=https://web.archive.org/web/20150924171556/http://www.reuters.com/article/2012/10/29/us-ford-valeo-idUSBRE89S05C20121029 |archive-date=September 24, 2015}}</ref> On November 1, 2012, Ford announced that [[CEO]] Alan Mulally would stay with the company until 2014. Ford also named Mark Fields, its president of operations in the Americas, as its new chief operating officer<ref>{{cite news|url=https://www.nytimes.com/aponline/2012/11/01/us/ap-us-ford-ceo.html|title=Ford's Mulally Stays Through 2014, Fields Is COO|work=The New York Times}}</ref> Mulally was paid a compensation of over $174 million in his previous seven years at Ford since 2006. The generous amount has been a sore point for some workers of the company.<ref>{{cite news |url=http://bigstory.ap.org/article/mulally-puts-focus-back-fords-cars-trucks-0 |title=Mulally puts the focus back on Ford's cars, trucks |first1=Dee-Ann |last1=Durbin |first2=Tom |last2=Krisher |work=ap.org |date=January 8, 2014 |access-date=January 8, 2014 |archive-date=January 8, 2014 |archive-url=https://web.archive.org/web/20140108162150/http://bigstory.ap.org/article/mulally-puts-focus-back-fords-cars-trucks-0 |url-status=live }}</ref> |
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In April 2016, Ford announced a plan to modernize its Dearborn engineering and headquarters campuses through a ten-year building project. The end result would see the number of Ford employees working in these areas doubling, to 24,000. During construction, some 2000 of the employees were relocated out of the campus to a temporary location in a disused section of the local shopping mall.<ref>[https://www.mlive.com/business/index.ssf/2016/05/ford_and_fairlane_mall.html See how Fairlane Mall will transform because of Ford Motor Company], mlive.com, May 10, 2016</ref> Facilities would also be altered to allow ride-sharing and electric and self-driving vehicles.<ref>[https://www.detroitnews.com/story/business/autos/ford/2016/04/12/ford-transform-campus/82935594/ Ford unveils 10-year plan to transform Dearborn campus], Michael Martinez, ''The Detroit News'', April 12, 2016</ref> Estimates of the construction cost were $1.2 billion.<ref>[https://www.freep.com/story/money/cars/ford/2016/04/12/ford-unveils-redevelopment-plan-dearborn-offices/82904392/ Ford redevelopment plan in Dearborn estimated at $1.2B], Brent Snavely, ''Detroit Free Press'', April 12, 2016</ref> |
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On January 3, 2017, Ford [[CEO]] [[Mark Fields (businessman)|Mark Fields]] announced that in a "vote of confidence" because of the pro-business climate being fostered in part by [[President-elect of the United States|President-elect]] [[Donald Trump]], Ford has cancelled plans to invest $1.6 billion in a new plant in [[Mexico]] to manufacture the [[Ford Focus]]. The [[Ford Focus]] will now be manufactured in the existing plant in Mexico. Instead, Fields announced that Ford will be investing $700 million in [[Michigan]], which it plans to use to create 700 new jobs.<ref>{{cite news |url=http://fox2now.com/2017/01/03/ford-cancels-mexico-plant-will-create-700-u-s-jobs-in-vote-of-confidence-in-trump/ |title=Ford cancels Mexico plant. Will create 700 U.S. jobs in 'vote of confidence' in Trump |work=FOX2now |location=USA |date=January 3, 2017 |access-date=January 3, 2017}}</ref> |
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In April 2016, Ford announced a plan to modernize its Dearborn engineering and headquarters campuses through a ten-year building project. The result would see the number of Ford employees working in these areas doubling, to 24,000. During construction, some 2000 of the employees were relocated out of the campus to a temporary location in a disused section of the local shopping mall.<ref>{{cite news |url=https://www.mlive.com/business/index.ssf/2016/05/ford_and_fairlane_mall.html |title=See how Fairlane Mall will transform because of Ford Motor Company |first=Paula |last=Gardner |work=MLive |location=US |date=May 10, 2016 |access-date=2024-04-06 |archive-url=https://web.archive.org/web/20181215223301/https://www.mlive.com/business/index.ssf/2016/05/ford_and_fairlane_mall.html |archive-date=December 15, 2018}}</ref> Facilities would also be altered to allow ride-sharing and electric and self-driving vehicles.<ref>{{cite news |url=https://www.detroitnews.com/story/business/autos/ford/2016/04/12/ford-transform-campus/82935594/ |title=Ford unveils 10-year plan to transform Dearborn campus |first=Michael |last=Martinez |work=The Detroit News |date=April 12, 2016 |access-date=2024-04-06 |archive-url=https://web.archive.org/web/20190331071012/https://www.detroitnews.com/story/business/autos/ford/2016/04/12/ford-transform-campus/82935594/ |archive-date=March 31, 2019}}</ref> Estimates of the construction cost were $1.2 billion.<ref>{{cite news |url=https://www.freep.com/story/money/cars/ford/2016/04/12/ford-unveils-redevelopment-plan-dearborn-offices/82904392/ |title=Ford redevelopment plan in Dearborn estimated at $1.2B |first=Brent |last=Snavely |work=Detroit Free Press |date=April 12, 2016 |access-date=2024-04-06 |archive-url=https://web.archive.org/web/20181215222614/https://www.freep.com/story/money/cars/ford/2016/04/12/ford-unveils-redevelopment-plan-dearborn-offices/82904392/ |archive-date=December 15, 2018}}</ref> |
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In February 2017, Ford Motor Co. acquired majority ownership of Argo AI, an self-driving car startup.<ref>{{Citation |
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| last = Higgins |
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| first = Tim |
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| date = February 10, 2017 |
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| title = Ford Acquires Majority Ownership of Self-Driving Car Startup Argo AI |
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| publisher = ''[[The Wall Street Journal]]'' |
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| publication-place = [[New York City]] |
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| url = https://www.wsj.com/articles/ford-acquires-majority-ownership-of-self-driving-car-startup-argo-ai-1486756594 |
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| accessdate = February 12, 2017}}</ref> |
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[[File:Michigan Central Train Station Exterior 2010.jpg|thumb|The historic, once abandoned [[Michigan Central Station]] was purchased by Ford Motor Company in May 2018 and is expected to undergo a significant four-year renovation.]] |
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In May 2017, Ford announced cuts to its global workforce amid efforts to address the company's declining share price and to improve profits. The company is targeting $3 billion in cost reduction and a nearly 10% reduction in the salaried workforce in Asia and North America to enhance earnings in 2018.<ref>{{cite news |last=Martinez |first=Michael |url=http://www.autonews.com/article/20170517/OEM/170519820/ford-to-cut-1400-salaried-jobs-in-north-america-asia |title=Ford to cut 1,400 salaried jobs in North America, Asia |work=[[Automotive News]] |date=May 17, 2017 |accessdate=May 17, 2017}}</ref><ref>{{cite news |last=Bomey |first=Nathan |url=https://www.usatoday.com/story/money/cars/2017/05/17/ford-motor-co-salary-job-cuts/101783514/ |title=Ford to slash 10% of salaried jobs in North America, Asia |work=[[USA Today]] |date=May 17, 2017 |accessdate=May 17, 2017}}</ref> Jim Hackett was announced to replace Mark Fields as CEO of Ford Motor. Mr. Hackett most recently oversaw the formation of Ford Smart Mobility, a unit responsible for experimenting with car-sharing programs, self-driving ventures and other programs aimed at helping the 114-year-old auto maker better compete with [[Uber (company)|Uber Technologies Inc.]], [[Alphabet Inc.]] and other tech giants looking to edge in on the auto industry.<ref>{{Cite news|url=https://www.usatoday.com/story/money/cars/2017/05/22/ford-ceo-jim-hackett-mark-fields/102001744/|title=Who is Jim Hackett, Ford's new CEO|work=USA TODAY|access-date=May 22, 2017}}</ref><ref>{{Cite news|url=http://www.marketwatch.com/story/ford-to-replace-ceo-mark-fields-with-jim-hackett-2017-05-22-6485559|title=Ford to replace CEO Mark Fields with Jim Hackett|last=Stoll|first=John D.|work=MarketWatch|access-date=May 22, 2017}}</ref> |
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On January 3, 2017, Ford [[CEO]] Mark Fields announced that in a "vote of confidence" because of the pro-business climate being fostered in part by [[President-elect of the United States|President-elect]] [[Donald Trump]], Ford had canceled plans to invest $1.6 billion in a new plant in Mexico to manufacture the [[Ford Focus]]; instead, the company would invest $700 million in [[Michigan]], which it planned to use to create 700 new jobs. The Focus would now be manufactured in the existing plant in Mexico.<ref>{{cite news |url=http://fox2now.com/2017/01/03/ford-cancels-mexico-plant-will-create-700-u-s-jobs-in-vote-of-confidence-in-trump/ |title=Ford cancels Mexico plant. Will create 700 U.S. jobs in 'vote of confidence' in Trump |work=FOX2now |location=USA |date=January 3, 2017 |access-date=January 3, 2017 |archive-date=January 4, 2017 |archive-url=https://web.archive.org/web/20170104001242/http://fox2now.com/2017/01/03/ford-cancels-mexico-plant-will-create-700-u-s-jobs-in-vote-of-confidence-in-trump/ |url-status=live}}</ref> |
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On April 25, 2018, Ford announced that it will discontinue passenger cars in the North American market in the next four years, except for the Mustang and the Focus Active, due to declining demand and profitability.<ref>{{Cite news|url=http://www.chicagotribune.com/business/ct-ford-car-models-20180425-story.html|title=Ford to discontinue all cars except for Mustang and Focus hatch|last=Krisher|first=Tom|work=chicagotribune.com|access-date=May 14, 2018}}</ref> But on August 31, 2018, Ford announced that the Focus Active will not go on sale in North America because of the tariffs that would be placed on vehicles built overseas, as the Focus Active is being built in China and later announced in a statement on September 10, 2018 that they have no plans to build it in the United States.<ref>{{cite news |url=https://www.autoblog.com/2018/08/31/ford-focus-active-canceled-tariffs/ |title=Ford cancels Focus Active import plans due to China tariffs |first= |
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Antti |last=Kautonen |work=Autoblog |location=US |date=August 31, 2018 |access-date=September 13, 2018}}</ref><ref>{{cite news |url=https://www.npr.org/2018/09/10/646327423/ford-says-despite-trumps-tweet-focus-active-won-t-be-produced-in-u-s |title=Ford Says Despite Trump's Tweet, Focus Active Won't Be Produced In U.S. |first= Camila |last=Domonoske |work=NPR |location=US |date=September 10, 2018 |access-date=September 13, 2018}}</ref> |
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Also in 2017, Ford began development of a new mixed-use urban campus in [[Corktown, Detroit|the Corktown neighborhood of Detroit]], with its purchase, renovation, and occupation of The Factory at Michigan and Rosa Parks. The new site was expected to have a major focus on the development of [[autonomous vehicle]] and [[electric vehicle]] technology.<ref>{{Cite news|url=http://www.crainsdetroit.com/article/20180121/news/650706/how-ford-plans-to-use-its-new-corktown-digs|title=How Ford plans to use its new Corktown digs|date=January 21, 2018|work=Crain's Detroit Business|access-date=June 19, 2018|archive-date=October 9, 2020|archive-url=https://web.archive.org/web/20201009162346/https://www.crainsdetroit.com/article/20180121/news/650706/how-ford-plans-to-use-its-new-corktown-digs|url-status=live}}</ref> Ford later began buying up other parcels of land in Corktown including a very high-profile purchase of [[Michigan Central Station]] which is planned to become the hub of their Corktown campus, and the adjacent [[Roosevelt Warehouse]].<ref>{{Cite news|url=http://www.crainsdetroit.com/article/20180617/news/663776/fords-future-train-station-to-be-part-of-new-transportation-model|title=Ford's future: Train station to be part of new transportation model|date=June 16, 2018|work=Crain's Detroit Business|access-date=June 19, 2018|archive-date=June 19, 2018|archive-url=https://web.archive.org/web/20180619063155/http://www.crainsdetroit.com/article/20180617/news/663776/fords-future-train-station-to-be-part-of-new-transportation-model|url-status=live}}</ref> Ford expects to move 2,500 of its employees, roughly 5 percent of its southeast Michigan workforce, to the campus with space for an additional 2,500 entrepreneurs, technology companies and partners.<ref>{{cite news |title=How Ford plans to resurrect the train station |url=https://www.detroitnews.com/story/news/local/detroit-city/2018/06/17/how-ford-plans-resurrect-train-station/702723002/ |url-status=live |work=Detroit News |access-date=June 19, 2018 |archive-url=https://web.archive.org/web/20190705234023/https://www.detroitnews.com/story/news/local/detroit-city/2018/06/17/how-ford-plans-resurrect-train-station/702723002/ |archive-date=July 5, 2019}}</ref> Bill Ford envisioned the first-floor concourse of the train station to be a public gathering place with retail outlets and restaurants.<ref>{{cite web |title=A renaissance, new age of mobility moves into Corktown |url=https://www.detroitnews.com/story/news/local/detroit-city/2018/06/18/ford-rolls-out-plans-train-station/712142002/ |url-status=live |date=June 19, 2018 |access-date=July 3, 2018 |archive-url=https://web.archive.org/web/20200614215737/https://www.detroitnews.com/story/news/local/detroit-city/2018/06/18/ford-rolls-out-plans-train-station/712142002/ |archive-date=June 14, 2020}}</ref> In February 2017, Ford Motor Co. acquired majority ownership of [[Argo AI]], a self-driving car startup.<ref>{{cite news |last=Higgins |first=Tim |title=Ford Acquires Majority Ownership of Self-Driving Car Startup Argo AI |newspaper=The Wall Street Journal |url=https://www.wsj.com/articles/ford-acquires-majority-ownership-of-self-driving-car-startup-argo-ai-1486756594 |url-status=live |date=February 10, 2017 |access-date=February 12, 2017 |archive-url=https://web.archive.org/web/20170212014448/https://www.wsj.com/articles/ford-acquires-majority-ownership-of-self-driving-car-startup-argo-ai-1486756594 |archive-date=February 12, 2017}}</ref> |
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[[Image:Michigan Central Train Station Exterior 2010.jpg|thumb|The historic, once abandoned [[Michigan Central Station]] was purchased by Ford Motor Company in May 2018 and is expected to undergo a significant four year renovation.]] |
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In May 2017, Ford announced cuts to its global workforce amid efforts to address the company's declining share price and to improve profits. The company is targeting $3 billion in cost reduction and a nearly 10% reduction in the salaried workforce in Asia and North America to enhance earnings in 2018.<ref>{{cite news |last=Martinez |first=Michael |url=http://www.autonews.com/article/20170517/OEM/170519820/ford-to-cut-1400-salaried-jobs-in-north-america-asia |title=Ford to cut 1,400 salaried jobs in North America, Asia |work=[[Automotive News]] |date=May 17, 2017 |access-date=May 17, 2017 |archive-date=May 17, 2017 |archive-url=https://web.archive.org/web/20170517171555/http://www.autonews.com/article/20170517/OEM/170519820/ford-to-cut-1400-salaried-jobs-in-north-america-asia |url-status=live}}</ref><ref>{{cite news |last=Bomey |first=Nathan |url=https://www.usatoday.com/story/money/cars/2017/05/17/ford-motor-co-salary-job-cuts/101783514/ |title=Ford to slash 10% of salaried jobs in North America, Asia |work=[[USA Today]] |date=May 17, 2017 |access-date=May 17, 2017 |archive-date=May 18, 2017 |archive-url=https://web.archive.org/web/20170518043433/https://www.usatoday.com/story/money/cars/2017/05/17/ford-motor-co-salary-job-cuts/101783514/ |url-status=live}}</ref> Jim Hackett was announced to replace Mark Fields as CEO of Ford Motor. Mr. Hackett most recently oversaw the formation of Ford Smart Mobility, a unit responsible for experimenting with car-sharing programs, self-driving ventures and other programs aimed at helping Ford better compete with [[Uber]], [[Alphabet Inc.]] and other tech giants looking to edge in on the auto industry.<ref>{{cite news|url=https://www.usatoday.com/story/money/cars/2017/05/22/ford-ceo-jim-hackett-mark-fields/102001744/|title=Who is Jim Hackett, Ford's new CEO|work=USA TODAY|access-date=May 22, 2017|archive-date=May 22, 2017|archive-url=https://web.archive.org/web/20170522093322/https://www.usatoday.com/story/money/cars/2017/05/22/ford-ceo-jim-hackett-mark-fields/102001744/|url-status=live}}</ref><ref>{{cite news |last=Stoll |first=John D. |url=http://www.marketwatch.com/story/ford-to-replace-ceo-mark-fields-with-jim-hackett-2017-05-22-6485559 |title=Ford to replace CEO Mark Fields with Jim Hackett|work=MarketWatch|access-date=May 22, 2017|archive-date=May 22, 2017|archive-url=https://web.archive.org/web/20170522131957/http://www.marketwatch.com/story/ford-to-replace-ceo-mark-fields-with-jim-hackett-2017-05-22-6485559|url-status=live}}</ref> |
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Ford began development on an urban campus in [[Corktown, Detroit|the Corktown neighborhood of Detroit]] in 2017 with its purchase, renovation and occupation of The Factory building at Michigan and Rosa Parks.<ref>{{Cite news|url=http://www.crainsdetroit.com/article/20180121/news/650706/how-ford-plans-to-use-its-new-corktown-digs|title=How Ford plans to use its new Corktown digs|date=January 21, 2018|work=Crain's Detroit Business|access-date=June 19, 2018}}</ref> Ford later began buying up other parcels of land in Corktown including a very high-profile purchase of [[Michigan Central Station]] which is planned to become the hub of their Corktown campus, and the adjacent [[Roosevelt Warehouse]].<ref>{{Cite news|url=http://www.crainsdetroit.com/article/20180617/news/663776/fords-future-train-station-to-be-part-of-new-transportation-model|title=Ford's future: Train station to be part of new transportation model|date=June 16, 2018|work=Crain's Detroit Business|access-date=June 19, 2018}}</ref> Plans for the Corktown campus include 1.2 million square feet of mixed-use development spread over multiple parcels. The focus of the campus will be on [[autonomous vehicles]] and [[electric vehicles]] which Ford plans to move aggressively into the development of. Ford expects to move 2,500 of its employees, roughly 5 percent of its southeast Michigan workforce, to the campus with space for an additional 2,500 entrepreneurs, technology companies and partners related to Ford's expansion into [[Autos 2.0]].<ref>{{Cite news|url=https://www.detroitnews.com/story/news/local/detroit-city/2018/06/17/how-ford-plans-resurrect-train-station/702723002/|title=How Ford plans to resurrect the train station|work=Detroit News|access-date=June 19, 2018|language=en}}</ref> Bill Ford said he envisions the first-floor concourse of the train station to be a gathering place, open to the public, filled with restaurants and retail.<ref>{{cite web|url =https://www.detroitnews.com/story/news/local/detroit-city/2018/06/18/ford-rolls-out-plans-train-station/712142002/ |title=A renaissance, new age of mobility moves into Corktown| date=June 19, 2018}}</ref> |
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On April 25, 2018, Ford announced that it would discontinue passenger cars in the North American market in the next four years, except for the Mustang, due to declining demand and profitability.<ref>{{cite news |last=Krisher |first=Tom |title=Ford to discontinue all cars except for Mustang and Focus hatch|url=http://www.chicagotribune.com/business/ct-ford-car-models-20180425-story.html|work=Chicago Tribune|access-date=May 14, 2018|archive-date=May 14, 2018|archive-url=https://web.archive.org/web/20180514070801/http://www.chicagotribune.com/business/ct-ford-car-models-20180425-story.html|url-status=live}}</ref> The Focus Active, a crossover SUV based on the newly unveiled fourth-generation Focus, was also intended to be marketed in the United States. Due to the vehicle being manufactured in China, Ford later announced that it would not release the Focus Active in the United States, due to [[China–United States trade war|tariffs imposed by the Trump administration on Chinese exports]].<ref>{{cite news |last=Kautonen |first=Antti |title=Ford cancels Focus Active import plans due to China tariffs |url=https://www.autoblog.com/2018/08/31/ford-focus-active-canceled-tariffs/ |url-status=live |work=Autoblog |location=US |date=August 31, 2018 |access-date=September 13, 2018 |archive-url=https://web.archive.org/web/20180913040242/https://www.autoblog.com/2018/08/31/ford-focus-active-canceled-tariffs/ |archive-date=September 13, 2018}}</ref><ref>{{cite news |last=Domonoske |first=Camila |title=Ford Says Despite Trump's Tweet, Focus Active Won't Be Produced In U.S. |url=https://www.npr.org/2018/09/10/646327423/ford-says-despite-trumps-tweet-focus-active-won-t-be-produced-in-u-s |url-status=live |publisher=NPR |date=September 10, 2018 |access-date=September 13, 2018 |archive-url=https://web.archive.org/web/20180913040244/https://www.npr.org/2018/09/10/646327423/ford-says-despite-trumps-tweet-focus-active-won-t-be-produced-in-u-s |archive-date=September 13, 2018}}</ref> |
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===Logo evolution=== |
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<gallery> |
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File:Ford logo 1903.png|1903 |
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File:Ford logo1907.png|1907 |
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File:Ford logo 1909.png|1909 |
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File:Ford logo 1911.png|1911 |
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File:Ford logo oval 1912.png|1912 |
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File:Ford logo 1912.png|1912 variant |
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File:Ford logo 1927.png|1927 |
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File:Ford_logo_1957.jpg|1957 |
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File:Ford logo 1976.jpg|1976 |
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File:Ford_logo_2000.jpg|2000 |
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File:Ford Motor Company Logo.svg|2003–present |
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</gallery> |
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In March 2020, the Detroit [[United Auto Workers]] union announced that after discussion with the leaders of [[General Motors]], Ford, and [[Fiat Chrysler Automobiles]], the carmakers would partially shut down factories on a "rotating" basis to mitigate the [[COVID-19 pandemic]].<ref>{{cite web|url=https://www.businessinsider.com/detroit-automakers-and-uaw-agree-partial-plant-shutdowns-coronavirus-2020-3|title=Ford, GM, Fiat Chrysler, and United Auto Workers union agree to a partial shutdown of US plants as coronavirus spreads, despite many in Europe shutting down completely|website=[[Business Insider]]|access-date=March 18, 2020|archive-date=April 29, 2020|archive-url=https://web.archive.org/web/20200429214450/https://www.businessinsider.com/detroit-automakers-and-uaw-agree-partial-plant-shutdowns-coronavirus-2020-3|url-status=live}}</ref> On March 24, representatives of Ford announced that production in the US, Canada, and Mexico would not resume on March 30 as originally planned, amid the further coronavirus pandemic spread.<ref>{{cite web|url=https://www.businessinsider.com/coronavirus-pandemic-ford-wont-restart-north-american-end-of-march-2020-3|title=Ford says it won't restart North American factories at the end of March because of the coronavirus outbreak|author=Matthew DaBord|publisher=Business Insider|access-date=March 24, 2020|archive-date=March 24, 2020|archive-url=https://web.archive.org/web/20200324172439/https://www.businessinsider.com/coronavirus-pandemic-ford-wont-restart-north-american-end-of-march-2020-3|url-status=live}}</ref> In the first quarter of 2020, Ford's sales dropped by 15%, entailing the loss of $2 billion.<ref>{{cite news|last=Sherman|first=Natalie|date=April 28, 2020 |title=Cars out, snacks in as virus impacts US profits|url=https://www.bbc.com/news/business-52465337|publisher=BBC News|access-date=April 30, 2020|language=en-GB|archive-date=April 30, 2020|archive-url=https://web.archive.org/web/20200430005206/https://www.bbc.com/news/business-52465337|url-status=live}}</ref> |
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==Corporate affairs== |
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With the change in the demand for the sport vehicles, on January 6, 2021, Ford reported a sales fall of 9.8% in the fourth quarter, selling 542,749 vehicles, compared to 601,862 in 2019.<ref>{{cite news|title=Ford quarterly U.S. sales fall 9.8% as truck sales dip |url=https://www.reuters.com/article/us-usa-autos-sales-idUSKBN29B1T7 |publisher=Reuters |date=January 6, 2021 |access-date=January 6, 2021}}</ref> In April 2021, Ford said that it would provide COVID-19 vaccines for its employees, who were to obtain them at the company; at the beginning the vaccination program would be in southeast Michigan, Missouri and Ohio, but it was to be expanded later on to other locations.<ref>{{cite web |title=Ford to start on-site COVID-19 vaccination for U.S. employees |url=https://www.reuters.com/business/autos-transportation/ford-start-on-site-covid-19-vaccination-us-employees-2021-04-19/ |publisher=Reuters |date=April 19, 2021 |access-date=April 20, 2021}}</ref> |
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===Executive management=== |
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Members of the Ford board {{as of|2018|October|lc=y}} are: Stephen Butler, [[Kimberly Casiano]], Anthony F. Earley, Jr., [[Edsel Ford II]], [[William Clay Ford Jr.]] (executive chairman), [[James Hackett (businessman)|Jim Hackett]] (president and CEO), William W. Helman IV, [[William E. Kennard]], [[John C. Lechleiter]], Ellen Marram, [[John L. Thornton]], [[John Veihmeyer]], Lynn Vojvodich, and John S. Weinberg.<ref name="fmci">{{cite website|url=https://media.ford.com/content/fordmedia/fna/us/en/people.filter.members-of-the-board.0.100.default_all.html|title=Members of the Board|website=Ford Motor Company Media Center|access-date=October 11, 2018}}</ref> |
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In March 2022, Ford announced that it would restructure the company into three separate divisions. Ford Model E is to focus on electric vehicles; Ford Blue is to focus on internal combustion vehicles; and the existing commercial division is to be rebranded as Ford Pro, to focus on vehicle distribution and service.<ref name=":0">{{cite web |last1=Rosevear |first1=John |last2=Wayland |first2=Michael |title=Here's why Ford didn't spin off its electric vehicle business |url=https://www.cnbc.com/2022/03/03/why-ford-didnt-spin-off-its-electric-vehicle-business.html |publisher=[[CNBC]] |date=March 3, 2022 |access-date=March 6, 2022}}</ref><ref name=DFP0302/> In August 2022, Ford announced it planned layoffs of roughly 3,000 employees and contract workers, confirming earlier reporting. The cuts would mostly affect divisions in the US, Canada, and India, which Jim Farley said would allow the company to prepare for the future of electric, software-heavy vehicles.<ref>{{Cite web |last=Peters |first=Jay |date=August 22, 2022 |title=Ford is laying off 3,000 employees |url=https://www.theverge.com/2022/8/22/23316491/ford-layoffs-3000-workers-employees |access-date=August 22, 2022 |website=The Verge |language=en}}</ref><ref>{{Cite news |last=Eckert |first=Nora |date=August 22, 2022 |title=Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs |language=en-US |work=[[The Wall Street Journal]] |url=https://www.wsj.com/articles/ford-confirms-layoffs-says-it-is-cutting-about-3-000-jobs-primarily-in-u-s-and-canada-11661180161 |access-date=August 22, 2022 |issn=0099-9660}}</ref> |
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===Financial results=== |
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In 2010, Ford earned a net profit of $6.6 billion and reduced its debt from $33.6 billion to $14.5 billion lowering interest payments by $1 billion following its 2009 net profit of $2.7 billion.<ref name=2010results>{{cite news|author=Durbin, Dee Ann and Tom Kirshner|date=January 28, 2011|url=http://www.businessweek.com/ap/financialnews/D9L1EJCO0.htm|title= Ford 2010 profit highest in a decade as sales rise|work=Bloomberg Business Week|access-date=January 30, 2011}}</ref><ref name="annualreport2009">{{cite web|url=http://corporate.ford.com/doc/2009_annual_report.pdf|title=Ford Motor Company / 2009 Annual Report, Operating Highlights|format=PDF|accessdate=September 19, 2010|deadurl=yes|archiveurl=https://web.archive.org/web/20101214140027/http://corporate.ford.com/doc/2009_annual_report.pdf|archivedate=December 14, 2010}}</ref> In the U.S., the F-Series was the best-selling vehicle for 2010. Ford sold 528,349 F-Series trucks during the year, a 27.7% increase over 2009, out of a total sales of 1.9 million vehicles, or every one out of four vehicles Ford sold. Trucks sales accounts for a big slice of Ford's profits, according to USA Today.<ref>{{cite news|url=https://www.usatoday.com/money/perfi/columnist/krantz/2011-03-30-ford-stock-rising-gas-prices.htm |title=As gas prices rise, is Ford stock still a good bet? |date=March 30, 2011 |author=Matt Krantz |work=USA Today }}</ref> In 2017 it is estimated that 90 percent of the company's global profits comes from the Ford F-Series.<ref>{{cite news |last1=Martinez |first1=Michael |title=The truck that built Ford |url=http://www.autonews.com/article/20171029/RETAIL01/171039996/the-truck-that-built-ford |accessdate=October 31, 2017 |work=Automotive News |date=October 29, 2017}}</ref> |
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Ford's realignment also included the sale of its wholly owned subsidiary, [[The Hertz Corporation|Hertz Rent-a-Car]] to a [[private equity]] group for $15 billion in cash and debt acquisition. The sale was completed on December 22, 2005. A 50–50 joint venture with [[Mahindra & Mahindra]] of India, called [[Ford India Private Limited|Mahindra Ford India, Limited]] (MIFL), ended with <!--the sale of Ford's 15 percent stake in 2005 (incorrect!)--> Ford buying out Mahindra's remaining stake in the company in 2005.<ref>{{cite web|url=http://www.expansionmanagement.com/cmd/articledetail/articleid/17483/default.asp |title=Ford Commits $75 Million For India Operations |publisher=Expansionmanagement.com |accessdate=September 19, 2010}}</ref> Ford had previously upped its stake to 72% in 1998.<ref>{{cite web|url=http://business.mapsofindia.com/automobile/car-manufacturers/ford-india.html |title=Ford India Private Ltd, Ford Cars India, Ford Motors India, Ford Fiesta India, Ford in India |publisher=Business.mapsofindia.com |accessdate=September 19, 2010}}</ref> Between 2007 and 2012, Ford benefitted from $1.57 billion in local tax incentives.<ref>{{cite news|url=https://www.nytimes.com/2012/12/02/us/how-local-taxpayers-bankroll-corporations.html |title=As Companies Seek Tax Deals, Governments Pay High Price|publisher=[[The New York Times]]|date=December 1, 2012|accessdate=May 29, 2016}}</ref><ref>{{cite news|url=https://www.nytimes.com/interactive/2012/12/01/us/government-incentives.html#co-ford |title=UNITED STATES OF SUBSIDIES, Ford |publisher=[[The New York Times]]|date=December 1, 2012|accessdate=May 29, 2016}}</ref> |
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In February 2023, Ford announced that it was going to cut 3,800 jobs across Europe, with the job cuts mainly focusing on their German and British workforce. Ford will be cutting 2,300 jobs from Germany, 1,300 from the United Kingdom, and an additional 200 jobs in the rest of Europe, according to the head of Ford Germany, Martin Sander. The cuts will mainly be done to the company's engineers.<ref>{{Cite news |last=Wearden |first=Graeme |date=February 14, 2023 |title=FTSE 100 hits record high; UK strike disruption highest since 2011 – business live |language=en-GB |work=the Guardian |url=https://www.theguardian.com/business/live/2023/feb/14/uk-strike-days-real-pay-falling-ftse-us-inflation-business-live |access-date=February 14, 2023 |issn=0261-3077}}</ref> Ford also announced during the year that their electric vehicle business had lost $3 billion before taxes over the past two years and will lose a similar amount in 2023 as the company looks to significantly invest in Electric Technology. The Ford Model E is expected to be profitable by 2026.<ref name=":1">{{Cite news |last=Krisher |first=Tom |date=March 23, 2023 |title=Ford says EV unit losing billions, should be seen as startup |url=https://apnews.com/article/ford-electric-vehicles-losses-3c988ff882b675fdaf4f59eb140c2171 |language=en |work=AP News |access-date=March 23, 2023}}</ref> |
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For the fiscal year 2017, Ford Motor reported earnings of US$7.602 billion, with an annual revenue of US$156.776 billion, an increase of 3.3% over the previous fiscal cycle. Ford's shares traded at $10.95 per share in 2017, and its market capitalization was valued at US$35.7 billion in September 2018.<ref>{{Cite web|url=https://www.macrotrends.net/stocks/charts/F/ford-motor/revenue|title=Ford Motor Revenue 2006-2018 {{!}} F|website=www.macrotrends.net|access-date=October 29, 2018}}</ref> |
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In April 2023, United Kingdom ministers approved Ford's [[BlueCruise]] technology. Because of this assisted driving technology, Ford drivers can now legally take their hands off the wheel on certain roads. Its top speed is {{cvt|80|mph|kph|0|order=flip}}. BlueCruise uses sensors and cameras to regulate the car's speed and to keep track of speed limits and road signs. It also monitors and keeps a safe distance from other vehicles. It also comes equipped with an eye-tracking system. If the driver stops looking at the road then the car will gradually reduce its speed. This technology will initially be offered in Ford's 2023 model of the electric Mustang Mach-E SUV. According to Thatcham Research, an automotive research company, this model is not a self-driving car. It is classified as a level 2 or partial automation assistance system. This means that technology controls two or more driving aspects but still requires human driver control in cases of emergencies. The driver is still legally responsible for accidents.<ref>{{Cite news|url=https://www.bbc.com/news/business-65272929 |title=Ford launches hands-free driving on UK motorways |first1=Faarea |last1=Masud |first2=Lora |last2=Jones |work=BBC News |location=UK |date=April 15, 2023 |access-date=April 22, 2023}}</ref> In August 2024 [[Pennsylvania State Police]] filed charges against a driver that killed two men while using BlueCruise.<ref>{{cite news|url= https://www.miamiherald.com/news/nation-world/national/article291872665.html |work= [[miamiherald.com]] |title= Woman using hands-free driving feature hits car, killing 2 in Pennsylvania, cops say |first= Mitchell |last= Willetts |date= 2024-09-03 |access-date= 2024-09-10}}</ref> |
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In March 2019 Ford announced its intention to invest $850 million in raising production capacity at a second U.S. factory for its next-generation battery-electric vehicle program.<ref>{{Cite web|url=http://social.techcrunch.com/2019/03/20/ford-will-invest-850-million-to-add-more-production-capacity-for-evs/|title=Ford will invest $850 million to add more production capacity for EVs|website=TechCrunch|language=en-US|access-date=2019-03-21}}</ref> |
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{| class="wikitable float-left" style="text-align: right;" |
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In November 2024, Ford announced that it would cut 800 jobs in the UK and 2,900 in Germany to try and reduce costs.<ref>{{Cite news |last=Jolly |first=Jasper |date=2024-11-20 |title=Ford cuts 4,000 jobs in Europe, including 800 in UK, after slowdown in EV sales |url=https://www.theguardian.com/business/2024/nov/20/ford-cuts-jobs-europe-uk-slowdown-ev-sales |access-date=2024-11-21 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref> |
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!Year |
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!Revenue<br />in mil. USD$ |
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===Logo history=== |
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!Net income<br />in mil. USD$ |
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{{gallery |
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!Total Assets<br />in mil. USD$ |
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|title = |
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!Price per Share<br />in USD$ |
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|align = center |
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!Employees |
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|footer = |
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|height = 70 |
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|width = 100 |
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|noborder = yes |
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|File:Ford logo 1903.png|1903 |
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|File:Ford logo1907.png|1907 |
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|File:Ford logo 1909.png|1909 |
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|File:Ford logo 1911.png|1911 |
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|File:Ford logo oval 1912.png|1912 |
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|File:Ford logo 1912.png|1912 variant |
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|File:Ford logo 1927.png|1927 |
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|Ford 1957 logo.png|1957 |
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|File:Ford logo 1976.jpg|1976 |
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|File:Ford Motor Company Logo.svg|2003 |
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|File:Ford logo flat.svg|2017 |
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}} |
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==Corporate affairs== |
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=== Business trends === |
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The key trends for the Ford Motor Company are (as of the financial year ending December 31):<ref>{{Cite web |title=Ford Motor Financial Statements yearly |url=https://www.macrotrends.net/stocks/charts/F/ford-motor/financial-statements |access-date=2024-08-02 |website=www.macrotrends.net}}</ref> |
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{| class="wikitable" style="text-align:center" |
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! |
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!Revenue<br>(US$ bn) |
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!Net profit<br>(US$ bn) |
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!Total assets<br>(US$ bn)<ref>{{Cite web |title=Ford Motor Total Assets yearly |url=https://www.macrotrends.net/stocks/charts/F/ford-motor/total-assets |access-date=2024-08-02 |website=www.macrotrends.net}}</ref> |
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!Employees<br>(k)<ref>{{Cite web |title=Ford Motor: Number of Employees yearly |url=https://www.macrotrends.net/stocks/charts/F/ford-motor/number-of-employees |access-date=2024-08-02 |website=www.macrotrends.net}}</ref> |
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!Car sales<br>worldwide (m)<ref>{{Cite web |title=Ford: wholesale vehicle sales yearly |url=https://www.statista.com/statistics/297315/ford-vehicle-sales/ |access-date=2024-08-02 |website=Statista |language=en}}</ref> |
|||
|- |
|- |
||
|2016 |
|||
|2005 |
|||
|151 |
|||
|176,835 |
|||
|4.5 |
|||
|1,440 |
|||
|237 |
|||
|269,459 |
|||
|201 |
|||
|7.35 |
|||
| |
|6.6 |
||
|- |
|- |
||
|2017 |
|||
|2006 |
|||
|156 |
|||
|160,065 |
|||
|7.7 |
|||
| -12,613 |
|||
|257 |
|||
|279,196 |
|||
|202 |
|||
|5.70 |
|||
| |
|6.6 |
||
|- |
|- |
||
|2018 |
|||
|2007 |
|||
|160 |
|||
|170,572 |
|||
|3.6 |
|||
| -2,795 |
|||
|256 |
|||
|279,264 |
|||
|199 |
|||
|6.09 |
|||
| |
|5.9 |
||
|- |
|- |
||
|2019 |
|||
|2008 |
|||
|155 |
|||
|143,584 |
|||
|0.04 |
|||
| -14,766 |
|||
|258 |
|||
|218,298 |
|||
|190 |
|||
|3.80 |
|||
| |
|5.3 |
||
|- |
|- |
||
|2020 |
|||
|2009 |
|||
|127 |
|||
|116,283 |
|||
|<span style="color:red;">−1.2</span> |
|||
| 2,717 |
|||
|267 |
|||
|192,040 |
|||
|186 |
|||
|4.31 |
|||
| |
|4.1 |
||
|- |
|- |
||
|2021 |
|||
|2010 |
|||
|136 |
|||
|128,954 |
|||
|17.9 |
|||
| 6,561 |
|||
|257 |
|||
|164,687 |
|||
|183 |
|||
|9.67 |
|||
| |
|3.9 |
||
|- |
|- |
||
|2022 |
|||
|2011 |
|||
|158 |
|||
|135,605 |
|||
|<span style="color:red;">−1.9</span> |
|||
|20,213 |
|||
|255 |
|||
|178,348 |
|||
|173 |
|||
|9.87 |
|||
| |
|4.2 |
||
|- |
|- |
||
|2023 |
|||
|2012 |
|||
|176 |
|||
|133,559 |
|||
|4.3 |
|||
|5,613 |
|||
|273 |
|||
|189,406 |
|||
|177 |
|||
|8.27 |
|||
| |
|4.4 |
||
|} |
|||
===Executive management=== |
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Members of the Ford board {{as of|2023|March|lc=y}} are: [[William Clay Ford Jr.]] (executive chairman), [[Jim Farley (businessman)|Jim Farley]] (president and CEO), [[Kimberly Casiano]], Alexandra Ford English (daughter of William Clay Ford Jr.), Henry Ford III (son of [[Edsel Ford II]]), William W. Helman IV, [[Jon Huntsman Jr.]], [[William E. Kennard]], John C. May, [[Beth E. Mooney]], [[John L. Thornton]], [[John Veihmeyer]], Lynn Vojvodich Radakovich, and John S. Weinberg.<ref name="fmci">{{cite web|url=https://media.ford.com/content/fordmedia/fna/us/en/people.filter.members-of-the-board.0.10.default_all.html|title=Members of the Board|website=Ford Motor Company Media Center|access-date=March 30, 2023|archive-date=July 31, 2022|archive-url=https://web.archive.org/web/20220731164424/https://media.ford.com/content/fordmedia/fna/us/en/people.filter.members-of-the-board.0.10.default_all.html|url-status=live}}</ref> |
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[[Jim Farley (businessman)|Jim Farley]] succeeded [[James Hackett (businessman)|Jim Hackett]] as the chief executive officer of the company in August 2020; he previously served as Ford's chief operating officer. Hackett stayed in the company as an advisor until the second quarter of 2021.<ref>{{cite news|url=https://www.wsj.com/articles/ford-chief-executive-jim-hackett-to-retire-11596546686?mod=business_lead_pos2|title=Ford Names Jim Farley as New CEO, Succeeding Jim Hackett|work=The Wall Street Journal|date=August 4, 2020|last=Colias|first=Mike|access-date=August 4, 2020|archive-date=October 9, 2020|archive-url=https://web.archive.org/web/20201009162346/https://www.wsj.com/articles/ford-chief-executive-jim-hackett-to-retire-11596546686?mod=business_lead_pos2|url-status=live}}</ref> |
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=== Ownership === |
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Ford is mainly owned by institutional investors, who own around 60% of shares. The largest shareholders in December 2023 were:<ref>{{Cite web |title=Ford Motor Company (F) Stock Major Holders - Yahoo Finance |url=https://finance.yahoo.com/quote/f/holders/ |access-date=2024-03-09 |website=finance.yahoo.com |language=en-US}}</ref> |
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* [[The Vanguard Group]] (8.71%) |
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* [[BlackRock]] (7.20%) |
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* [[State Street Corporation]] (4.46%) |
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* [[Newport Trust]] (3.98%) |
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* [[Charles Schwab Corporation]] (2.25%) |
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* [[Geode Capital Management]] (1.94%) |
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* [[Fisher Investments]] (1.52%) |
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* [[Morgan Stanley]] (1.31%) |
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* [[Norges Bank]] (1.00%) |
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* [[Northern Trust]] (0.94%) |
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=== Ford Philanthropy === |
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The Ford Philanthropy, formerly known as the Ford Motor Company Fund (also known as Ford Fund, not affiliated with the [[Ford Foundation]]), based in Dearborn, Michigan, is the philanthropic arm of the Ford Motor Company.<ref name="fordfund2016">{{cite web |url=https://corporate.ford.com/content/dam/corporate/en/company/community/ford-fund/Final%20FordFund2017.pdf |title=Ford Motor Company Fund 2017 Annual Report |publisher=Ford |access-date=January 23, 2019 |archive-date=December 24, 2018 |archive-url=https://web.archive.org/web/20181224163219/https://corporate.ford.com/content/dam/corporate/en/company/community/ford-fund/Final%20FordFund2017.pdf |url-status=live }}</ref> Established in 1949<ref>{{cite web|url=http://corporate.ford.com/company/community/ford-fund.html|title=The Ford Fund|quote=Since we began our operations in 1949, we have invested nearly $1.5 billion in civic organizations around the world to help drive a brighter future.|access-date=July 5, 2018|archive-date=July 5, 2018|archive-url=https://web.archive.org/web/20180705180106/http://corporate.ford.com/company/community/ford-fund.html|url-status=live}}</ref> by [[Henry Ford II]],{{citation needed|date=July 2018}} the organization is a nonprofit corporate foundation<ref>{{Cite web|url=https://www.thebalancesmb.com/the-history-and-types-of-foundations-2502444|title=What Are Foundations? What Nonprofits Should Know|last=Fritz|first=Joanne|website=The Balance Small Business|language=en|access-date=January 23, 2019|archive-date=January 23, 2019|archive-url=https://web.archive.org/web/20190123223754/https://www.thebalancesmb.com/the-history-and-types-of-foundations-2502444|url-status=live}}</ref> financed by contributions from Ford Motor Company. In 2017, it contributed $63 million<ref>{{Cite web|url=https://shareholder.ford.com/investors/sustainability/default.aspx|title=Ford Motor Company - Investors - Sustainability|website=shareholder.ford.com|access-date=January 23, 2019|archive-date=January 23, 2019|archive-url=https://web.archive.org/web/20190123224600/https://shareholder.ford.com/investors/sustainability/default.aspx|url-status=live}}</ref> to various causes<ref name=fordfund2016/> with a focus on education, driving safely and community building. |
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The Ford Driving Skills for Life program is a driver safety program aimed at teens that were developed together with the Governors Highway Safety Association and safety experts.<ref>{{cite web |url=http://www.ghsa.org/members/ford-motor-company-fundford-driving-skills-life |title=Ford Motor Company Fund/Ford Driving Skills for Life |publisher=Governors Highway Safety Association |location=US |access-date=January 13, 2019 |archive-date=September 20, 2017 |archive-url=https://web.archive.org/web/20170920031017/http://www.ghsa.org/members/ford-motor-company-fundford-driving-skills-life |url-status=live}}</ref> The Ford Volunteer Corps allows Ford employees and retirees to sign up for volunteering work on local projects in more than 40 countries.<ref>{{cite web|url=https://media.ford.com/content/fordmedia/fna/us/en/news/2016/08/29/ford-volunteer-corps-begins-global-caring-month-with-transformat.html|title=Ford Volunteer Corps Begins Global Caring Month With Transformational Clean Water Project, Challenge Grants|access-date=July 5, 2018|archive-date=July 5, 2018|archive-url=https://web.archive.org/web/20180705180037/https://media.ford.com/content/fordmedia/fna/us/en/news/2016/08/29/ford-volunteer-corps-begins-global-caring-month-with-transformat.html|url-status=live}}</ref> The organization invests $18 million annually in education in the United States and around the world, but accepts applications only from nonprofit organizations registered in the U.S.<ref>{{cite web|url=https://www.insidephilanthropy.com/grants-for-k-12-education/ford-motor-company-fund-community-services-grants-for-k-12-e.html|title=Ford Motor Company Fund & Community Services: Grants for K-12 Education|website=Inside Philanthropy|language=en-US|access-date=January 23, 2019|archive-date=January 23, 2019|archive-url=https://web.archive.org/web/20190123223816/https://www.insidephilanthropy.com/grants-for-k-12-education/ford-motor-company-fund-community-services-grants-for-k-12-e.html|url-status=live}}</ref> Education programs and scholarships include Alan Mulally Engineering Scholarship, Ford Blue Oval Scholars Program, Ford College Community Challenge (Ford C3), Ford Driving Dreams Tour, Ford Fund/Detroit Free Press Journalism Scholarship, Ford Next Generation Learning (Ford NGL), Grants to Individuals Program, HBCU Community Challenge, Smithsonian Latino Center Young Ambassadors Program, and William Clay Ford Automotive Design Scholarship. |
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On April 29, 2024, the Ford Fund announced its official name has changed to Ford Philanthropy.<ref>{{cite web|url=https://www.freep.com/story/money/cars/ford/2024/04/29/new-name-ford-philanthropy-ford-fund/73496847007/|access-date=April 29, 2024|publisher=[[The Detroit Free Press]]|title=Ford Fund nonprofit rebrands as Ford Philanthropy, aligning name with automaker mission|last=Wall Howard|first=Phoebe}}</ref> |
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==Operations== |
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{| class="wikitable floatright" |
|||
|+Sales by region (2023)<ref>{{Cite web |title=Ford Motor Company: Shareholders Board Members Managers and Company Profile {{!}} US3453708600 {{!}} MarketScreener |url=https://www.marketscreener.com/quote/stock/FORD-MOTOR-COMPANY-12542/company/ |access-date=2024-03-09 |website=MarketScreener |location=France}}</ref> |
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!Region |
|||
!share |
|||
|- |
|- |
||
|United States |
|||
|2013 |
|||
|66.4% |
|||
|146,917 |
|||
|11,953 |
|||
|202,179 |
|||
|11.88 |
|||
|181,000 |
|||
|- |
|- |
||
|Canada |
|||
|2014 |
|||
|7.6% |
|||
|144,077 |
|||
|1,231 |
|||
|208,615 |
|||
|12.65 |
|||
|187,000 |
|||
|- |
|- |
||
|United Kingdom |
|||
|2015 |
|||
|5.1% |
|||
|149,558 |
|||
| 7,373 |
|||
|224,925 |
|||
|12.38 |
|||
|199,000 |
|||
|- |
|- |
||
|Mexico |
|||
|2016 |
|||
|1.6% |
|||
|151,800 |
|||
|4,596 |
|||
|237,951 |
|||
|11.10 |
|||
|201,000 |
|||
|- |
|- |
||
|Other countries |
|||
|2017 |
|||
|19.6% |
|||
|156,776 |
|||
|7,602 |
|||
|257,808 |
|||
|10.95 |
|||
|202,000 |
|||
|} |
|} |
||
Ford has had manufacturing [[List of Ford factories|operations]] worldwide, including in the United States, Canada, Mexico, China, India, the United Kingdom, Germany, Turkey, Brazil, Argentina, Australia, and South Africa. Ford also helped the Soviet Union to construct Russian automaker [[GAZ]]. |
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==Ford Motor Company Fund== |
|||
The Ford Motor Company Fund (also known as Ford Fund, not affiliated with the [[Ford Foundation]]), based in Dearborn, Michigan, is the philanthropic arm of the Ford Motor Company.<ref name="fordfund2016">{{cite web|url=https://corporate.ford.com/content/dam/corporate/en/company/community/ford-fund/Final%20FordFund2017.pdf|title=Ford Motor Company Fund 2017 Annual Report|author=Ford|first=|date=|website=|access-date=}}</ref> Established in 1949<ref>{{cite web|url=http://corporate.ford.com/company/community/ford-fund.html|title=The Ford Fund|quote=Since we began our operations in 1949, we have invested nearly $1.5 billion in civic organizations around the world to help drive a brighter future.}}</ref> by [[Henry Ford II]]{{citation needed|date=July 2018}}, Ford Fund is a nonprofit corporate foundation<ref>{{Cite web|url=https://www.thebalancesmb.com/the-history-and-types-of-foundations-2502444|title=What Are Foundations? What Nonprofits Should Know|last=Fritz|first=Joanne|website=The Balance Small Business|language=en|access-date=January 23, 2019}}</ref> financed by contributions from Ford Motor Company. In 2017, Ford Fund contributed $63 million<ref>{{Cite web|url=https://shareholder.ford.com/investors/sustainability/default.aspx|title=Ford Motor Company - Investors - Sustainability|website=shareholder.ford.com|access-date=January 23, 2019}}</ref> to various causes<ref name=fordfund2016/> with a focus on education, driving safely and community building. |
|||
The Ford Driving Skills for Life program is a driver safety program aimed at teens that was developed together with the Governors Highway Safety Association and safety experts.<ref>{{cite web |url=http://www.ghsa.org/members/ford-motor-company-fundford-driving-skills-life |title=Ford Motor Company Fund/Ford Driving Skills for Life |publisher=Governors Highway Safety Association |location=US |access-date=January 13, 2019}}</ref> The Ford Volunteer Corps allows Ford employees and retirees to sign up for volunteering work on local projects in more than 40 countries.<ref>{{cite web|url=https://media.ford.com/content/fordmedia/fna/us/en/news/2016/08/29/ford-volunteer-corps-begins-global-caring-month-with-transformat.html|title=Ford Volunteer Corps Begins Global Caring Month With Transformational Clean Water Project, Challenge Grants}}</ref> The Ford Fund invests $18 million annual in education in the United States and around the world, but accepts applications only from nonprofit organizations registered in the U.S.<ref>{{Cite web|url=https://www.insidephilanthropy.com/grants-for-k-12-education/ford-motor-company-fund-community-services-grants-for-k-12-e.html|title=Ford Motor Company Fund & Community Services: Grants for K-12 Education|website=Inside Philanthropy|language=en-US|access-date=January 23, 2019}}</ref> Education programs and scholarships include: Alan Mulally Engineering Scholarship, Ford Blue Oval Scholars Program, Ford College Community Challenge (Ford C3), Ford Driving Dreams Tour, Ford Fund/Detroit Free Press Journalism Scholarship, Ford Next Generation Learning (Ford NGL), Grants to Individuals Program, HBCU Community Challenge, Smithsonian Lation Center Young Ambassadors Program, and William Clay Ford Automotive Design Scholarship. |
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==Operations== |
|||
Ford has had manufacturing [[List of Ford factories|operations]] worldwide, including in the United States, Canada, Mexico, China, the United Kingdom, Germany, Turkey, Brazil, Argentina, Australia, and South Africa. Ford also has a cooperative agreement with Russian automaker [[GAZ]]. |
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===North America=== |
===North America=== |
||
In May 2010, Ford reported that its sales increased 23% for the month, and that 37% of its sales came from fleet sales.<ref>{{cite news |last=Isidore |first=Chris |title=GM, Ford sales gains outpace Toyota |url=https://money.cnn.com/2010/06/02/news/companies/auto_sales/index.htm |url-status=live |publisher=CNN |date=June 2, 2010 |access-date=August 3, 2020 |archive-url=https://web.archive.org/web/20170325021637/http://money.cnn.com/2010/06/02/news/companies/auto_sales/index.htm |archive-date=March 25, 2017}}</ref> In June 2010, sales to individual customers at dealerships increased 13% while fleet sales rose by 32%.<ref>{{cite news |last1=Boudette |first1=Neal E. |last2=Terlep |first2=Sharon |title=Auto-Sales Optimism Fades |url=https://www.wsj.com/articles/SB10001424052748704067504575304951455734906 |url-status=live |work=The Wall Street Journal |date=June 14, 2010 |access-date=June 2, 2017 |archive-url=https://web.archive.org/web/20170709184134/https://www.wsj.com/articles/SB10001424052748704067504575304951455734906 |archive-date=July 9, 2017}}</ref> In the first seven months of 2010, fleet sales of Ford for the same period rose 35% to 386,000 units while retail sales increase 19%.<ref name="AutomotiveNews">{{cite news |url=http://www.autonews.com/apps/pbcs.dll/article?AID=/20100809/RETAIL01/308099960/1401 |title=Fleets fuel surge at GM, Chrysler |date=August 9, 2010 |first=Jesse |last=Snyder |newspaper=Automotive News}}</ref> Fleet sales account for 39 percent of Chrysler's sales and 31 percent for GM's.<ref name="AutomotiveNews"/> |
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[[File:The Ford building -- Jericho Turnpike, Mineola, Garden City.jpg|thumb|right|Ford dealer in [[Garden City, New York]], ca. 1930–1945]] |
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In May 2010, Ford reported that its sales increased 23% for the month, and that 37% of its sales came from fleet sales.<ref>{{cite news|url=http://money.cnn.com/2010/06/02/news/companies/auto_sales/index.htm |title=GM, Ford sales gains outpace Toyota |date=June 2, 2010 |author=Chris Isidore |publisher=CNNMoney.com }}</ref> In June 2010, Sales to individual customers at dealerships increased 13% while fleet sales rose by 32%.<ref>{{cite news|url=https://www.wsj.com/articles/SB10001424052748704067504575304951455734906 |title=Auto-Sales Optimism Fades |date=June 14, 2010 |author=Neal E. Boudette and Sharon Terlep |work=The Wall Street Journal }}</ref> In the first seven months of 2010, fleet sales of Ford for the same period rose 35% to 386,000 units while retail sales increase 19%.<ref name="AutomotiveNews">{{cite news|url=http://www.autonews.com/apps/pbcs.dll/article?AID=/20100809/RETAIL01/308099960/1401 |title=Fleets fuel surge at GM, Chrysler |date=August 9, 2010 |author=Jesse Snyder |publisher=Automotive News }}</ref> Fleet sales account for 39 percent of Chrysler's sales and 31 percent for GM's.<ref name="AutomotiveNews"/> |
|||
===Europe=== |
===Europe=== |
||
{{main|Ford of Europe}} |
{{main|Ford of Europe}} |
||
[[File:Aachen Ford-Entwicklungszentrum.jpg|thumb|The Ford Research Center in [[Aachen]], Germany, photographed in 2006]] |
|||
[[File:Ford's Dunton Technical Centre - geograph.org.uk - 218069.jpg|thumb|Ford's [[Dunton Technical Centre]] in [[Laindon]], [[United Kingdom]], the largest automotive research and development facility in the country<ref>{{cite news|url=http://www.theengineer.co.uk/news/back-to-the-future-for-ford/302785.article|title=Back to the future for Ford|accessdate=February 28, 2012|publisher=The Engineer|date=October 26, 2007}}</ref>]] |
|||
[[File:Aachen Ford-Entwicklungszentrum.jpg|thumb|The Ford Research Center in [[Aachen]], [[Germany]]]] |
|||
At first, [[Ford Germany|Ford in Germany]] and [[Ford of Britain|Ford in Britain]] built different models from one another until 1965, when the [[Ford Transit]] and later the [[Ford Escort (Europe)|Ford Escort]] and the [[Ford Capri]] became common to both companies. In 1970, the [[Ford Taunus]] and the [[Ford Cortina]] came into production with a common base construction, both models being produced in [[left hand drive]] and [[right hand drive]]. Later on, the models became identical and the respective models right and left hand drive exclusively. Rationalisation of model ranges meant that production of many models in the UK switched to elsewhere in Europe, including Belgium and Spain as well as Germany. The [[Ford Sierra]] replaced the Taunus and Cortina in 1982, drawing criticism for its radical aerodynamic styling, which was soon given nicknames, the "Jellymould" and "The Salesman's Spaceship." |
|||
At first, [[Ford Germany|Ford in Germany]] and [[Ford of Britain|Ford in Britain]] built different models from one another until 1965, when the [[Ford Transit]] and later the [[Ford Escort (Europe)|Ford Escort]] and the [[Ford Capri]] became common to both companies. In 1970, the [[Ford Taunus]] and the [[Ford Cortina]] came into production with a common base construction, both models being produced in [[left hand drive]] and [[right hand drive]]. Later on, the models became identical and the respective models right- and left-hand-drive exclusively. Rationalisation of model ranges meant that production of many models in the UK switched to elsewhere in Europe, including Belgium and Spain as well as Germany. The [[Ford Sierra]] replaced the Taunus and Cortina in 1982, drawing criticism for its radical aerodynamic styling, which was soon given nicknames, the "Jellymould" and "The Salesman's Spaceship". |
|||
In February 2002, Ford ended car production in the UK. It was the first time in 90 years that Ford cars had not been made in Britain, although production of the [[Ford Transit|Transit]] van continued at the company's [[Southampton]] facility until mid-2013, engines at [[Bridgend]] and [[Ford Dagenham|Dagenham]], and transmissions at [[Halewood]]. Development of European Ford is broadly split between [[Dunton Wayletts|Dunton]] in Essex (powertrain, Fiesta/Ka, and commercial vehicles) and [[Cologne]] (body, chassis, electrical, Focus, Mondeo) in Germany. Ford also produced the [[Thames Trader|Thames]] range of commercial vehicles, although the use of this brand name was discontinued circa 1965. |
|||
Elsewhere in continental Europe, Ford assembles the [[Ford Mondeo|Mondeo]] range in [[Genk]] (Belgium), Fiesta in [[Valencia]] (Spain) and [[Cologne]] (Germany), Ka in Valencia (Spain), Focus in Valencia (Spain), [[Saarlouis]] (Germany), and [[Vsevolozhsk]] (Russia). Transit production is in [[İzmit|Kocaeli]] (Turkey), [[Southampton]] (UK), and Transit Connect in [[İzmit|Kocaeli]] (Turkey). |
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[[File:Ford's Dunton Technical Centre - geograph.org.uk - 218069.jpg|thumb|Ford's [[Dunton Technical Centre]] in [[Laindon]], United Kingdom, the largest automotive research and development facility in the country,<ref>{{cite news|url=http://www.theengineer.co.uk/news/back-to-the-future-for-ford/302785.article|title=Back to the future for Ford|access-date=February 28, 2012|publisher=The Engineer|date=October 26, 2007|archive-date=March 14, 2012|archive-url=https://web.archive.org/web/20120314020617/http://www.theengineer.co.uk/news/back-to-the-future-for-ford/302785.article|url-status=live}}</ref> pictured in 2006]] |
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In February 2002, Ford ended car production in the UK. It was the first time in 90 years that Ford cars had not been made in Britain, although production of the [[Ford Transit|Transit]] van continued at the company's [[Southampton]] facility until mid-2013, engines at [[Bridgend]] and [[Ford Dagenham|Dagenham]], and transmissions at [[Halewood]]. Development of European Ford is broadly split between [[Dunton Wayletts|Dunton]] in Essex (powertrain, Fiesta/Ka, and commercial vehicles) and [[Cologne]] (body, chassis, electrical, Focus, Mondeo) in Germany. Ford also produced the [[Thames Trader|Thames]] range of commercial vehicles, although the use of this brand name was discontinued with the introduction of the [[Ford Transit]] in 1965. Elsewhere in continental Europe, Ford assembles the Mondeo, [[Ford Galaxy|Galaxy]], [[Ford S-Max|S-Max]]<ref>{{cite news|url=https://www.nytimes.com/2013/11/06/business/international/ford-pays-a-high-price-for-plant-closing-in-belgium.html|title=Ford Pays a High Price for Plant Closing in Belgium|access-date=October 16, 2019|work=The New York Times|date=November 5, 2013|first=Jack|last=Ewing|archive-date=October 15, 2019|archive-url=https://web.archive.org/web/20191015201803/https://www.nytimes.com/2013/11/06/business/international/ford-pays-a-high-price-for-plant-closing-in-belgium.html|url-status=live}}</ref> and [[Ford Kuga|Kuga]]<ref>{{cite news|url=https://www.presseportal.de/pm/6955/3790188|title=Ford bekräftigt Engagement in Spanien: 750 Millionen Euro für Kuga-Fertigung in Valencia|language=de|access-date=October 16, 2019|work=PressePortal|date=November 17, 2017|archive-date=October 15, 2019|archive-url=https://web.archive.org/web/20191015201746/https://www.presseportal.de/pm/6955/3790188|url-status=live}}</ref> in Valencia (Spain), Fiesta in Cologne (Germany), Focus in [[Saarlouis]] (Germany), Ecosport<ref>{{cite press release|url=https://media.ford.com/content/fordmedia/feu/ch/de/news/2017/10/12/ford-startet-produktion-des-neuen-ford-ecosport-in-rumaenien--.html|title=FORD STARTET PRODUKTION DES NEUEN FORD ECOSPORT IN RUMÄNIEN|language=de|access-date=October 16, 2019|publisher=Ford|date=October 12, 2017|archive-date=October 15, 2019|archive-url=https://web.archive.org/web/20191015201754/https://media.ford.com/content/fordmedia/feu/ch/de/news/2017/10/12/ford-startet-produktion-des-neuen-ford-ecosport-in-rumaenien--.html|url-status=live}}</ref> and [[Ford Puma (crossover)|Puma]]<ref>{{cite news|url=https://www.automobil-produktion.de/hersteller/wirtschaft/ford-will-mit-puma-werk-craiova-voll-auslasten-223.html|title=Ford will sein Werk Craiova mit Puma voll auslasten|language=de|access-date=October 16, 2019|work=automobil-produktion.de|first=Stefan|last=Grundhoff|date=April 11, 2019|archive-date=October 15, 2019|archive-url=https://web.archive.org/web/20191015201747/https://www.automobil-produktion.de/hersteller/wirtschaft/ford-will-mit-puma-werk-craiova-voll-auslasten-223.html|url-status=live}}</ref> in [[Craiova]] (Romania). |
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Ford also owns a joint-venture production plant in Turkey. [[Otosan|Ford Otosan]], established in the 1970s, manufactures the [[Ford Transit Connect|Transit Connect]] compact panel van as well as the "Jumbo" and long-wheelbase versions of the full-size Transit. This new production facility was set up near [[İzmit|Kocaeli]] in 2002, and its opening marked the end of Transit assembly in Genk. |
Ford also owns a joint-venture production plant in Turkey. [[Otosan|Ford Otosan]], established in the 1970s, manufactures the [[Ford Transit Connect|Transit Connect]] compact panel van as well as the "Jumbo" and long-wheelbase versions of the full-size Transit. This new production facility was set up near [[İzmit|Kocaeli]] in 2002, and its opening marked the end of Transit assembly in Genk. |
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Another joint venture plant near [[Setúbal]] in Portugal, set up in collaboration with [[Volkswagen]], formerly assembled the [[Ford Galaxy|Galaxy]] people-carrier as well as its sister ships, the [[Volkswagen Sharan|VW Sharan]] and [[SEAT Alhambra]]. With the introduction of the third generation of the Galaxy, Ford has moved the production of the people-carrier to the Genk plant, with Volkswagen taking over sole ownership of the Setúbal facility. |
Another joint venture plant near [[Setúbal]] in Portugal, set up in collaboration with [[Volkswagen]], formerly assembled the [[Ford Galaxy|Galaxy]] people-carrier as well as its sister ships, the [[Volkswagen Sharan|VW Sharan]] and [[SEAT Alhambra]]. With the introduction of the third generation of the Galaxy, Ford has moved the production of the people-carrier to the Genk plant, with Volkswagen taking over sole ownership of the Setúbal facility. |
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In 2008, Ford acquired a majority stake in [[Automobile Craiova]], Romania. Starting 2009, the [[Ford Transit Connect]] was Ford's first model produced in |
In 2008, Ford acquired a majority stake in [[Automobile Craiova]], Romania. Starting 2009, the [[Ford Transit Connect]] was Ford's first model produced in Craiova, followed, in 2012, by low-capacity car engines and a new small class car, the [[Ford B-Max|B-Max]].<ref>{{cite web |url=http://english.hotnews.ro/stiri-business-5496775-ford-build-low-capacity-car-engines-craiova-south-romania-starting-late-2010.htm |title=Ford to build low capacity car engines at hotnews.ro |date=March 16, 2009 |publisher=English.hotnews.ro |access-date=September 19, 2010 |archive-date=January 29, 2011 |archive-url=https://web.archive.org/web/20110129105119/http://english.hotnews.ro/stiri-business-5496775-ford-build-low-capacity-car-engines-craiova-south-romania-starting-late-2010.htm |url-status=live }}</ref> In 2022, [[Ford Romania]] was acquired by Ford Otosan and in 2023, production of the [[Ford Transit Courier#Second generation (2023)|Ford Transit Courier/Tourneo Courier]] started at the facility.<ref>{{cite web|url=https://www.zf.ro/auto/ford-otosan-pregateste-viitorul-electric-uzina-craiova-1-300-locuri-21863085|title=Ford Otosan pregătește viitorul electric la uzina din Craiova cu 1.300 de noi locuri de muncă|language=ro|author=Bogdan Alecu|website=zf.ro|date=11 May 2023}}</ref> |
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Its 1959 [[Ford Anglia|Anglia]] two-door saloon was one of the most quirky-looking small family cars in Europe at the time of its launch, but buyers soon became accustomed to its looks and it was hugely popular with British buyers in particular. It was still selling well when replaced by the more practical [[Ford Escort (Europe)|Escort]] in 1967. |
Its 1959 [[Ford Anglia|Anglia]] two-door saloon was one of the most quirky-looking small family cars in Europe at the time of its launch, but buyers soon became accustomed to its looks and it was hugely popular with British buyers in particular. It was still selling well when replaced by the more practical [[Ford Escort (Europe)|Escort]] in 1967. |
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The third incarnation of the Ford Escort was launched in 1980 and marked the company's move from rear-wheel |
The third incarnation of the Ford Escort was launched in 1980 and marked the company's move from rear-wheel-drive saloons to front-wheel-drive hatchbacks in the small family car sector. |
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The fourth |
The fourth-generation Escort was produced from 1990 until 2000, although its successor—the [[Ford Focus (international)|Focus]]—had been on sale since 1998. On its launch, the Focus was arguably the most dramatic-looking and fine-handling small family cars on sale and sold in huge volumes right up to the launch of the next-generation Focus at the end of 2004. |
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The 1982 [[Ford Sierra]] |
The 1982 [[Ford Sierra]]—replacement for the long-running and massively popular [[Ford Cortina|Cortina]] and [[Ford Taunus|Taunus]] models—was a style-setter at the time of its launch. Its ultramodern aerodynamic design was a world away from a boxy, sharp-edged Cortina, and it was massively popular just about everywhere it was sold. A series of updates kept it looking relatively fresh until it was replaced by the front-wheel-drive [[Ford Mondeo|Mondeo]] at the start of 1993. |
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The rise in popularity of small cars during the 1970s saw Ford enter the mini-car market in 1976 with its [[Ford Fiesta|Fiesta]] hatchback. Most of its production was concentrated at [[Valencia, Spain|Valencia]] in Spain, and the Fiesta sold in huge figures from the very start. An update in 1983 and the launch of an all-new model in 1989 strengthened its position in the small car market. |
The rise in popularity of small cars during the 1970s saw Ford enter the mini-car market in 1976 with its [[Ford Fiesta|Fiesta]] hatchback. Most of its production was concentrated at [[Valencia, Spain|Valencia]] in Spain, and the Fiesta sold in huge figures from the very start. An update in 1983 and the launch of an all-new model in 1989 strengthened its position in the small car market. |
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On October 24, 2012, Ford announced that it would |
On October 24, 2012, Ford announced that it would close its [[Genk]] assembly plant in eastern Belgium by the end of 2014.<ref>{{cite news|url=https://www.nytimes.com/aponline/2012/10/24/world/europe/ap-eu-belgium-ford-.html |title=Union: Ford to Close Belgian Plant in 2014|date=October 24, 2012 |work=The New York Times}}</ref> |
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In 2015, Ford announced that it took control of [[Ford Sollers]], Ford's joint venture with Russian company [[Sollers JSC|Sollers]].<ref>{{cite news |title=Ford takes control of Russia joint venture |url=https://www.reuters.com/article/us-ford-motor-russia-sollers/ford-takes-control-of-russia-joint-venture-idUSKBN0N113G20150410 |publisher=Reuters |date=April 10, 2015 |access-date=January 29, 2019 |archive-date=January 30, 2019 |archive-url=https://web.archive.org/web/20190130000029/https://www.reuters.com/article/us-ford-motor-russia-sollers/ford-takes-control-of-russia-joint-venture-idUSKBN0N113G20150410 |url-status=live}}</ref><ref>{{cite news |title=Factbox: U.S. companies with exposure to Russia |url=https://www.reuters.com/article/us-usa-russia-sanctions-companies-factbo/factbox-u-s-companies-with-exposure-to-russia-idUSKBN1KU2L8 |publisher=Reuters |date=August 9, 2018 |access-date=January 29, 2019 |archive-date=February 23, 2019 |archive-url=https://web.archive.org/web/20190223022448/https://www.reuters.com/article/us-usa-russia-sanctions-companies-factbo/factbox-u-s-companies-with-exposure-to-russia-idUSKBN1KU2L8 |url-status=live}}</ref> |
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In September 2018, at the IAA Commercial Vehicles show in Hannover, Germany, Ford introduced an electric tractor-trailer concept vehicle dubbed the F-Vision, which would have Level 4 autonomous driving capability.<ref>{{Cite news|url=https://www.autotrader.ca/newsfeatures/20180928/ford-turkey-shows-off-f-vision-concept-electric-semi/|title=Ford Turkey Shows Off F-Vision Concept Electric Semi|last=Williams|first=Evan|date=September 28, 2018|website=AutoTrader.ca|archive-date=October 15, 2018|archive-url=https://web.archive.org/web/20181015003016/https://www.autotrader.ca/newsfeatures/20180928/ford-turkey-shows-off-f-vision-concept-electric-semi/|url-status=live}}</ref> |
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In 2015, Ford announced that it took control of [[Ford Sollers]], Ford's joint venture with [[Russia]]n company [[Sollers JSC|Sollers]].<ref>{{cite news |title=Ford takes control of Russia joint venture |url=https://www.reuters.com/article/us-ford-motor-russia-sollers/ford-takes-control-of-russia-joint-venture-idUSKBN0N113G20150410 |publisher=Reuters |date=April 10, 2015}}</ref><ref>{{cite news |title=Factbox: U.S. companies with exposure to Russia |url=https://www.reuters.com/article/us-usa-russia-sanctions-companies-factbo/factbox-u-s-companies-with-exposure-to-russia-idUSKBN1KU2L8 |agency=Reuters |date=August 9, 2018}}</ref> |
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On March 1, 2022, Ford announced that it was suspending its [[Ford Sollers|Sollers]] joint venture operation in Russia, in response to the [[2022 Russian invasion of Ukraine]].<ref>{{cite news |last1=Hall |first1=Kalea |title=Ford suspends joint-venture operation in Russia |url=https://www.detroitnews.com/story/business/autos/ford/2022/03/01/ford-suspends-joint-venture-operation-russia/6982264001/ |access-date=March 1, 2022 |publisher=Detroit News |date=March 1, 2022}}</ref><ref>{{Cite web |date=March 2, 2022 |title=Ford Motor has suspended the joint venture with Sollers in Russia |url=http://rusautonews.com/2022/03/02/ford-motor-has-suspended-the-joint-venture-with-sollers-in-russia/ |access-date=November 13, 2022 |website=RusAuto.News |language=en-US}}</ref> On October 26, 2022, Ford sold its 49 percent share in the joint venture, and exited the Russian market,<ref name="oct2022">{{cite web|url=https://www.carscoops.com/2022/10/ford-exits-russia-sells-all-assets-after-seven-month-hiatus/|date=October 26, 2022|first=Sebastien|last=Bell|title=Ford Exits Russia, Sells All Assets After Seven Month Hiatus}}</ref> adding that it retains the option to buy them back within a 5-year period "should the global situation change".<ref>{{Cite web |title=Ford to exit Russia after Sollers Ford joint venture stake sale |url=https://www.cnbc.com/2022/10/26/ford-to-exit-russia-after-sollers-ford-joint-venture-stake-sale.html |access-date=November 13, 2022 |website=CNBC |date=October 26, 2022 |language=en}}</ref> |
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In September 2018, at the IAA Commercial Vehicles show in Hannover, Germany, Ford introduced an electric tractor trailer concept vehicle dubbed the F-Vision, which would have Level 4 autonomous driving capability.<ref>{{Cite web|url=https://www.autotrader.ca/newsfeatures/20180928/ford-turkey-shows-off-f-vision-concept-electric-semi/|title=Ford Turkey Shows Off F-Vision Concept Electric Semi|last=Williams|first=Evan|date=September 28, 2018|website=AutoTrader.ca|access-date=}}</ref> |
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===East and Southeast Asia=== |
===East and Southeast Asia=== |
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Ford formed its first passenger-vehicle joint venture in China in 2001, six years behind GM and more than a decade after VW. It has spent {{as of|2013|lc=y}} $4.9 billion to expand its lineup and double production capacity in China to 600,000 vehicles. This includes Ford's largest-ever factory complex in the southwestern city of Chongqing. Ford had 2.5% of the Chinese market in 2013, while VW controlled 14.5% and GM had 15.6%, according to consultant LMC Automotive. GM outsells Ford in China by more than six-to-one.<ref>{{cite news|url=https://www.bloomberg.com/news/2013-04-15/ford-outsells-toyota-in-china-as-4-9-billion-bet-pays.html | work=Bloomberg | first=Keith | last=Naughton | title=Ford Outsells Toyota in China as $4.9 Billion Bet Pays | date=April 15, 2013}}</ref> Ford's presence in Asia has traditionally been much smaller, confined to |
Ford formed its first passenger-vehicle joint venture in China in 2001, six years behind GM and more than a decade after VW. It has spent {{as of|2013|lc=y}} $4.9 billion to expand its lineup and double production capacity in China to 600,000 vehicles. This includes Ford's largest-ever factory complex in the southwestern city of Chongqing. Ford had 2.5% of the Chinese market in 2013, while VW controlled 14.5% and GM had 15.6%, according to consultant LMC Automotive. GM outsells Ford in China by more than six-to-one.<ref>{{cite news | url=https://www.bloomberg.com/news/2013-04-15/ford-outsells-toyota-in-china-as-4-9-billion-bet-pays.html | work=Bloomberg | first=Keith | last=Naughton | title=Ford Outsells Toyota in China as $4.9 Billion Bet Pays | date=April 15, 2013 | access-date=March 7, 2017 | archive-date=January 3, 2015 | archive-url=https://web.archive.org/web/20150103161926/http://www.bloomberg.com/news/2013-04-15/ford-outsells-toyota-in-china-as-4-9-billion-bet-pays.html | url-status=live }}</ref> Ford's presence in Asia has traditionally been much smaller, confined to Malaysia, Singapore, Hong Kong, the Philippines, and Taiwan, where Ford has had a joint venture with [[Ford Lio Ho Motor|Lio Ho]] since the 1970s. Ford began assembly of cars in Thailand in 1960, but withdrew from the country in 1976, and did not return until 1995 when it formed a joint venture with [[Mazda]] called Auto Alliance.<ref>{{cite web |url=http://www.ford.co.th/servlet/ContentServer?cid=1178851736434&pagename=FTHEN%2FDFYPage%2FFord-Default&c=DFYPage |title=About Ford Thailand |publisher=Ford.co.th |access-date=September 19, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110727091411/http://www.ford.co.th/servlet/ContentServer?cid=1178851736434&pagename=FTHEN%2FDFYPage%2FFord-Default&c=DFYPage |archive-date=July 27, 2011 }}</ref> Now based in the Bo-win Sub District of the Sriracha District in [[Chonburi (city)|Chonburi]], the factory still produces passenger automobiles. The factory, built in 1941 in Singapore, was soon taken over by the Japanese during the war and was the site of a surrender of the British to the Japanese, at the [[Old Ford Motor Factory|factory site]] which is now a national monument in Singapore. |
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On April 30, 2013, Ford Motor Co. launched their car and truck line in [[Myanmar]]. Previously, heavy importation taxes had stifled imported car purchases in Myanmar, but due to currency reform, lifting of previous import restrictions, and the abolishment of [[Foreign exchange controls|shadow currency]], Myanmar's car market had grown in demand.<ref name="investvine">{{cite web|url=http://investvine.com/ford-rolls-into-myanmars-car-market/|title=Ford rolls into Myanmar's car market|first=Arno|last=Maierbrugger|work=Inside Investor|date=May 1, 2013| |
On April 30, 2013, Ford Motor Co. launched their car and pickup truck line in [[Myanmar]]. Previously, heavy importation taxes had stifled imported car purchases in Myanmar, but due to currency reform, lifting of previous import restrictions, and the abolishment of [[Foreign exchange controls|shadow currency]], Myanmar's car market had grown in demand.<ref name="investvine">{{cite web|url=http://investvine.com/ford-rolls-into-myanmars-car-market/|title=Ford rolls into Myanmar's car market|first=Arno|last=Maierbrugger|work=Inside Investor|date=May 1, 2013|access-date=July 12, 2013|archive-date=September 12, 2013|archive-url=https://web.archive.org/web/20130912185526/http://investvine.com/ford-rolls-into-myanmars-car-market/|url-status=live}}</ref> |
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====South Korea==== |
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In 1967, Ford partnered with the South Korean company [[Hyundai Motor Company|Hyundai]], and at the new factory in [[Ulsan, South Korea]], built the European [[Ford Cortina]] until 1974 when Hyundai introduced their all-new [[Hyundai Pony]] in 1975. Ford then developed a relationship with Korea's oldest car manufacturer [[Kia Motors|Kia]] which built vehicles co-engineered with [[Mazda]], later selling the [[Ford Festiva]] from |
In 1967, Ford partnered with the South Korean company [[Hyundai Motor Company|Hyundai]], and at the new factory in [[Ulsan, South Korea]], built the European [[Ford Cortina]] until 1974 when Hyundai introduced their all-new [[Hyundai Pony]] in 1975. Ford then developed a relationship with Korea's oldest car manufacturer [[Kia Motors|Kia]] which built vehicles co-engineered with [[Mazda]], later selling the [[Ford Festiva]] from 1988 to 1993, and the [[Ford Festiva|Ford Aspire]] from 1994 to 1997 for export to the United States. With the acquisition of a stake in Japanese manufacturer [[Mazda]] in 1979, Ford began selling Mazda's [[Mazda Familia|Familia]] and [[Mazda Capella|Capella]] as the [[Ford Laser]] and [[Ford Telstar|Telstar]] throughout the region, replacing the European-sourced Escort and Cortina. From 1989 to 1996, Kia imported the [[Mercury Sable]] from Ford in the U.S. and sold them in South Korea as the Kia Sable. Though the Sable was branded and marketed as a Kia, it retained the Mercury badges and emblem. Ford lost their Kia interest to Hyundai in 1998 after the [[1997 Asian financial crisis]]. Kia had declared bankruptcy in 1997; in 1998, [[Hyundai Motor Company]] acquired 51% of the company, outbidding Ford which had owned an interest in Kia Motors since 1986.<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/kia-motors-corporation-history/|title=Kia Motors Corporation History|publisher=Funding Universe|access-date=July 13, 2012|archive-date=October 20, 2012|archive-url=https://web.archive.org/web/20121020114303/http://www.fundinguniverse.com/company-histories/kia-motors-corporation-history/|url-status=live}}</ref> After subsequent divestments,<ref>{{cite web |url=http://www.hoovers.com/kia-motors/--ID__43264--/free-co-profile.xhtml |title=Kia Motors Corporation |publisher=Hoovers.com |date=October 21, 2010 |access-date=April 24, 2011 |archive-date=November 4, 2009 |archive-url=https://web.archive.org/web/20091104102045/http://www.hoovers.com/kia-motors/--ID__43264--/free-co-profile.xhtml |url-status=live }}</ref> Hyundai Motor Company owns less than 50% of the company but remains Kia's largest stakeholder. |
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{{As of|2020}}, Ford sells the Explorer, Mondeo, and Mustang,<ref>{{cite web | title=Ford Korea | url=https://www.ford.co.kr/ | language=ko | access-date=May 24, 2020 | archive-date=May 12, 2020 | archive-url=https://web.archive.org/web/20200512050534/https://www.ford.co.kr/ | url-status=live }}</ref> as well as the Lincoln Aviator, Continental, Corsair, MKZ, and Nautilus in South Korea.<ref>{{cite web | title=Lincoln Korea | url=https://www.lincoln-korea.com/ | language=ko | access-date=May 24, 2020 | archive-date=June 14, 2020 | archive-url=https://web.archive.org/web/20200614150952/https://www.lincoln-korea.com/ | url-status=live }}</ref> |
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===South and West Asia=== |
===South and West Asia=== |
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[[Ford India Private Limited|Ford India]] began production in 1998 at [[Chennai]], [[Tamil Nadu]], with its Ford Escort model, which was later replaced by the locally produced [[Ford Ikon]] in 2001. It has since added the Fusion, Fiesta, Mondeo and Endeavour models to its product line. |
[[Ford India Private Limited|Ford India]] began production in 1998 at [[Chennai]], [[Tamil Nadu]], with its Ford Escort model, which was later replaced by the locally produced [[Ford Ikon]] in 2001. It has since added the Fusion, Fiesta, Mondeo and Endeavour models to its product line. |
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On March 9, 2010, Ford |
On March 9, 2010, Ford launched its first made-for-India compact car. Starting at {{Currency|349900|INR}}, the [[Ford Figo|Figo]] was Ford's first car designed and priced for the mass Indian market.<ref>{{cite news|url=http://www.guelphmercury.com/news-story/2751572-ford-launches-figo-compact-hopes-for-cool-entry-into-india-s-hot-auto-market/|title=Ford launches Figo compact, hopes for cool entry into India's hot auto market|date=March 9, 2010|access-date=December 30, 2015|work=[[Guelph Mercury]]|publisher=Donna Luelo, [[Metroland Media Group]]|archive-date=February 1, 2016|archive-url=https://web.archive.org/web/20160201105148/http://www.guelphmercury.com/news-story/2751572-ford-launches-figo-compact-hopes-for-cool-entry-into-india-s-hot-auto-market/|url-status=live}}</ref> On July 28, 2011, Ford India signed a memorandum of understanding (MoU) with the State of [[Gujarat]] for the construction of an assembly and engine plant in [[Sanand]] and planned to invest approximately {{USD|1 billion}} on a 460-acre site.<ref>{{cite news|url=http://www.india.ford.com/servlet/Satellite?c=DFYArticle&cid=1248918257189&pageid=1178851252772&pagename=wrapper&site=FIPL&sub_c=DFYPage&sub_id=1178851252772&t=controller|archive-url=https://archive.today/20120320192936/http://www.india.ford.com/servlet/Satellite?c=DFYArticle&cid=1248918257189&pageid=1178851252772&pagename=wrapper&site=FIPL&sub_c=DFYPage&sub_id=1178851252772&t=controller|url-status=dead|archive-date=March 20, 2012|title=Ford Announces Manufacturing and Engine Plant in Gujarat, India|date=July 28, 2011}}</ref> In 2019, the company and [[Mahindra & Mahindra]] formed a joint venture to develop, market and distribute Ford-branded vehicles in India.<ref>{{cite news|url=https://www.reuters.com/article/us-ford-motor-india-mahindra-idUSKBN1WG3QX|title=Ford forms JV with Mahindra for India business|date=October 1, 2019|publisher=Reuters|access-date=October 1, 2019|archive-date=October 1, 2019|archive-url=https://web.archive.org/web/20191001130233/https://www.reuters.com/article/us-ford-motor-india-mahindra-idUSKBN1WG3QX|url-status=live}}</ref> In September 2021 Ford India announced plans to shut down both its assembly plants. The company said that it intends to maintain its parts and service network.<ref>{{cite news |url=https://economictimes.indiatimes.com/industry/auto/cars-uvs/ford-india-to-shut-down-both-factories-announcement-shortly/articleshow/86062587.cms |title=Economic Times: September 20, 2021: Ford India announces plans to shut down both factories shortly |first1=Ketan |last1=Thakkar |first2=Satish |last2=John |work=The Economic Times |location=India |date=September 20, 2021 |access-date=December 25, 2021}}</ref> |
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Ford's market presence in the Middle East has traditionally been small, partly due to previous Arab boycotts of companies dealing with Israel. Ford and Lincoln vehicles are currently marketed in ten countries in the region.<ref>{{cite web | title = Ford Motor Company: Global Websites | url = http://www.ford.com/en/company/about/countrySites/default.htm | |
Ford's market presence in the Middle East has traditionally been small, partly due to previous Arab boycotts of companies dealing with Israel. Ford and Lincoln vehicles are currently marketed in ten countries in the region.<ref>{{cite web | title = Ford Motor Company: Global Websites | url = http://www.ford.com/en/company/about/countrySites/default.htm | url-status=dead | archive-url = https://web.archive.org/web/20060118050514/http://www.ford.com/en/company/about/countrySites/default.htm | archive-date=January 18, 2006 | df = mdy-all }}</ref> Saudi Arabia, Kuwait, and the United Arab Emirates are the biggest markets. Ford also established itself in Egypt in 1926 but faced an uphill battle during the 1950s due to the hostile nationalist business environment.<ref>{{cite journal |
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| first = Robert L. |
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| title = In The Grip Of Politics: The Ford Motor Company Of Egypt, 1945–1960 |
| title = In The Grip Of Politics: The Ford Motor Company Of Egypt, 1945–1960 |
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| journal=Middle East Journal |
| journal=Middle East Journal |
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| date=Summer 1990 |
| date=Summer 1990 |
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| jstor = 4328139 |
| jstor = 4328139 |
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}}</ref> Ford's distributor in Saudi Arabia announced in February 2003 that it had sold 100,000 Ford and Lincoln vehicles since commencing sales in November 1986. Half of the Ford and Lincoln vehicles sold in that country were [[Ford Crown Victoria]]s.<ref>{{cite web |title=Al Jazirah Vehicles Hits 100,000 Mark with Ford and Lincoln in Saudi Arabia |url=http://media.ford.com/article_display.cfm?article_id=14319 |url-status=dead |archive-url=https://web.archive.org/web/20060503164435/http://media.ford.com/article_display.cfm?article_id=14319 |archive-date=May 3, 2006 }}</ref> In 2004, Ford sold 30,000 units in the region, falling far short of General Motors' 88,852 units and [[Nissan|Nissan Motors]]' 75,000 units. |
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}}</ref> Ford's distributor in Saudi Arabia announced in February 2003 that it had sold 100,000 Ford and Lincoln vehicles since commencing sales in November 1986. Half of the Ford and Lincoln vehicles sold in that country were [[Ford Crown Victoria]]s.<ref>{{cite web |title = Al Jazirah Vehicles Hits 100,000 Mark with Ford and Lincoln in Saudi Arabia |url = http://media.ford.com/article_display.cfm?article_id=14319 |deadurl = yes |archiveurl = https://web.archive.org/web/20060503164435/http://media.ford.com/article_display.cfm?article_id=14319 |archivedate=May 3, 2006 |df = mdy-all }}</ref> In 2004, Ford sold 30,000 units in the region, falling far short of [[General Motors]]' 88,852 units and [[Nissan|Nissan Motors]]' 75,000 units. |
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===South America=== |
===South America=== |
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[[File:Ford planta pacheco 1960s.jpg|thumb|Ford assembly plant in General Pacheco, Argentina, as seen in the 1960s]] |
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In South America, Ford's primary operations are in [[Ford Brasil|Brazil]], [[Ford Motor Argentina|Argentina]], and Ford Andina<ref>[http://media.ford.com/article_display.cfm?article_id=44 Ford Automotive Operations - Latin America] {{Webarchive|url=https://web.archive.org/web/20110711021232/http://media.ford.com/article_display.cfm?article_id=44 |date=July 11, 2011 }} - Retrieved November 3, 2011</ref> (Colombia, Ecuador, and Venezuela). Ford employs over 18,000 people and operates seven assembly or other plants in the region.<ref>[http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/overviewProfileGlobalDirectorySAmerica.htm www.ford.com] {{webarchive|url=https://web.archive.org/web/20080424010512/http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/overviewProfileGlobalDirectorySAmerica.htm |date=April 24, 2008 }} Ford Motor Company Global Operations - accessed December 1, 2008</ref> In 1987, Ford Brasil and Ford Motor Argentina merged their operations with the Brazilian and Argentine operations of [[Volkswagen Group]], forming a new joint-venture company called [[Autolatina]] with a shared model range.<ref name="FolhadeS.Paulo">{{Cite web|url=http://www1.folha.uol.com.br/fsp/1994/12/02/dinheiro/16.html|title=Folha de S.Paulo - Ford e Volks anunciam fim da Autolatina;Nova direção - 2/12/1994|website=www1.folha.uol.com.br|access-date=October 10, 2017}}</ref> Autolatina was dissolved in 1995.<ref name="FolhadeS.Paulo"/> |
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In South America, Ford's primary operations are in [[Ford Brasil|Brazil]], [[Ford Motor Argentina|Argentina]], and Ford Andina<ref>{{cite press release |url=http://media.ford.com/article_display.cfm?article_id=44 |title=Ford Automotive Operations - Latin America |archive-url=https://web.archive.org/web/20110711021232/http://media.ford.com/article_display.cfm?article_id=44 |archive-date=July 11, 2011}}</ref> (Colombia, Ecuador, and Venezuela). Ford employs over 18,000 people and operates seven assembly or other plants in the region.<ref>[http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/overviewProfileGlobalDirectorySAmerica.htm www.ford.com] {{webarchive|url=https://web.archive.org/web/20080424010512/http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/overviewProfileGlobalDirectorySAmerica.htm |date=April 24, 2008}} Ford Motor Company Global Operations - accessed December 1, 2008</ref> In 1987, Ford Brasil and Ford Motor Argentina merged their operations with the Brazilian and Argentine operations of [[Volkswagen Group]], forming a new joint-venture company called [[Autolatina]] with a shared model range.<ref name="FolhadeS.Paulo">{{cite web|url=http://www1.folha.uol.com.br/fsp/1994/12/02/dinheiro/16.html|title=Folha de S. Paulo - Ford e Volks anunciam fim da Autolatina;Nova direção - 2/12/1994|website=www1.folha.uol.com.br|access-date=October 10, 2017|archive-date=June 15, 2018|archive-url=https://web.archive.org/web/20180615083344/https://www1.folha.uol.com.br/fsp/1994/12/02/dinheiro/16.html|url-status=live}}</ref> Autolatina was dissolved in 1995.<ref name="FolhadeS.Paulo"/> |
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In early 2021, Ford's Brazil branch announced it would completely cease production in the country over the course of a few months.<ref>{{cite web |last=Wayland |first=Michael |title=Ford to end manufacturing in Brazil, sees $4.1 billion in charges from South American restructuring |url=https://www.cnbc.com/2021/01/11/ford-to-end-manufacturing-in-brazil-expects-4point1-billion-in-charges.html |publisher=CNBC |date=January 11, 2021 |access-date=March 21, 2022}}</ref> |
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===Africa=== |
===Africa=== |
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In Africa, Ford's market presence has traditionally been strongest in South Africa and neighbouring countries, with only trucks being sold elsewhere on the continent. Ford in South Africa began by importing kits from Canada to be assembled at its Port Elizabeth |
In Africa, Ford's market presence has traditionally been strongest in South Africa and neighbouring countries, with only trucks being sold elsewhere on the continent. Ford in South Africa began by importing kits from Canada to be assembled at its facility in [[Port Elizabeth]]; the company later sourced its models from the UK and Australia, with local versions of the Ford Cortina including the XR6, with a 3.0 V6 engine, and a [[Ford P100|Cortina-based 'bakkie' or pick-up]], which was exported to the UK. In the mid-1980s Ford merged with a rival company, owned by [[Anglo American plc|Anglo American]], to form the [[South African Motor Corporation]] ([[Samcor]]).<ref>{{cite news |last=Moseley |first=Ray |title=South Africa's Shrinking Auto Industry |url=https://www.chicagotribune.com/1985/10/25/south-africas-shrinking-auto-industry/ |url-status=live |work=[[Chicago Tribune]] |date=October 25, 1985 |access-date=October 14, 2016 |archive-url=https://web.archive.org/web/20161020162007/http://articles.chicagotribune.com/1985-10-25/business/8503130535_1_alfa-romeo-south-africa-automobile-manufacturers |archive-date=October 20, 2016}}</ref> |
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Following international condemnation of [[apartheid]], Ford divested from South Africa in 1988, and sold its stake in Samcor, although it licensed the use of its brand name to the company.<ref>{{cite news |last1=Vartabedian |first1=Ralph |last2=Parks |first2=Michael |title=Ford Discussing Plans to Divest in South Africa: Firm Would Give 24% Stake to Workers, But Maintain a Presence |url=https://www.latimes.com/archives/la-xpm-1987-06-15-fi-4242-story.html |url-status=live |work=[[Los Angeles Times]] |date=June 15, 1987 |access-date=October 14, 2016 |archive-url=https://web.archive.org/web/20170202090031/http://articles.latimes.com/1987-06-15/business/fi-4242_1_south-africa |archive-date=February 2, 2017}}</ref> Samcor began to assemble Mazdas as well, which affected its product line-up and saw the European Fords like the Escort and Sierra replaced by the [[Mazda]]-based Laser<ref>{{cite news |title=Samcor |url=https://books.google.com/books?id=YUVPAQAAIAAJ&q=Laser+Meteor |work=Financial Mail |location=South Africa |volume=104 |issue=5–9 |page=221 |year=1987}}</ref> and [[Ford Telstar|Telstar]].<ref>{{cite book |last1=Reuvid |first1=Jonathan |last2=Page |first2=Kogan |title=Doing Business in South Africa |url=https://books.google.com/books?id=zPwxAQAAIAAJ&q=Telstar+ |url-status=live |year=1995 |page=270 |publisher=Kogan Page |access-date=September 23, 2020 |archive-url=https://web.archive.org/web/20201009162356/https://books.google.com/books?id=zPwxAQAAIAAJ&dq=Telstar+Samcor&q=Telstar+ |archive-date=October 9, 2020 |isbn=9780749413477}}</ref> Ford bought a 45 per cent stake in [[Samcor]] following the demise of apartheid in 1994, and this later became, once again, a wholly owned subsidiary, the Ford Motor Company of Southern Africa. Ford now sells a local sedan version of the Fiesta (also built in India and Mexico), and the Focus. The Falcon model from Australia was also sold in South Africa, but was dropped in 2003; the Mondeo, after briefly being assembled locally, was dropped in 2005. The Mondeo was later reintroduced in 2015, badged as the [[Ford Fusion (Americas)|Fusion]], but was dropped in 2017.<ref>[https://www.iol.co.za/motoring/industry-news/will-ford-drop-the-fusion-after-2020-12648532 Will Ford drop the Fusion after 2020?] {{webarchive |url=https://web.archive.org/web/20181222082119/https://www.iol.co.za/motoring/industry-news/will-ford-drop-the-fusion-after-2020-12648532 |date=December 22, 2018}}, [[Independent Online (South Africa)|Independent Online]], January 8, 2018</ref> |
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===Research=== |
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Following international condemnation of [[apartheid]], Ford divested from South Africa in 1988, and sold its stake in Samcor, although it licensed the use of its brand name to the company.<ref>{{cite news |url=http://articles.latimes.com/1987-06-15/business/fi-4242_1_south-africa |title=Ford Discussing Plans to Divest in South Africa : Firm Would Give 24% Stake to Workers, But Maintain a Presence |first1=Ralph |last1=Vartabedian |first2=Michael |last2=Parks |work=[[Los Angeles Times]] |date=June 15, 1987 |access-date=October 14, 2016}}</ref> Samcor began to assemble Mazdas as well, which affected its product line-up and saw the European Fords like the Escort and Sierra replaced by the [[Mazda]]-based Laser<ref>{{cite news |url=https://books.google.com/books?id=YUVPAQAAIAAJ&dq=Samcor+Laser+Meteor&focus=searchwithinvolume&q=Laser+Meteor |title=Samcor |work=Financial Mail |location=South Africa |volume=104 |issue=5–9 |page=221 |year=1987}}</ref> and [[Ford Telstar|Telstar]].<ref>{{cite book |url=https://books.google.com/books?id=zPwxAQAAIAAJ&dq=Telstar+Samcor&focus=searchwithinvolume&q=Telstar+ |title=Doing Business in South Africa |first1=Jonathan |last1=Reuvid |first2=Kogan |last2=Page |year=1995 |page=270}}</ref> Ford bought a 45 per cent stake in [[Samcor]] following the demise of apartheid in 1994, and this later became, once again, a wholly owned subsidiary, the Ford Motor Company of Southern Africa. Ford now sells a local sedan version of the Fiesta (also built in India and Mexico), and the Focus. The Falcon model from Australia was also sold in South Africa but was dropped in 2003 while the Mondeo, after briefly being assembled locally, was dropped in 2005. The Mondeo was later reintroduced in 2015, badged as the [[Ford Fusion (Americas)|Fusion]] but was dropped in 2017.<ref>[https://www.iol.co.za/motoring/industry-news/will-ford-drop-the-fusion-after-2020-12648532 Will Ford drop the Fusion after 2020?], [[Independent Online (South Africa)|Independent Online]], 8 January 2018</ref> |
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Ford Research and Innovation Center is the name of the technology research facilities of Ford Motor Company in |
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* [[Dearborn, Michigan]] |
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* [[Palo Alto, California]] |
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* [[Aachen]], Germany |
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* [[Nanjing]], China |
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The Ford Research and Innovation Center in Palo Alto was first opened in 2012, and in January 2015, announced plans to significantly expand its operations.<ref>{{cite news |url=https://www.usatoday.com/story/tech/2015/01/22/ford-opened-new-silicon-valley-offices-searching-for-auto-tech-talent/22178545/ |title=Ford's new Silicon Valley outpost seeks tech talent |first=Marco |last=della Cava |work=USA Today |date=January 22, 2015 |access-date=April 28, 2019 |archive-date=April 25, 2019 |archive-url=https://web.archive.org/web/20190425193706/https://www.usatoday.com/story/tech/2015/01/22/ford-opened-new-silicon-valley-offices-searching-for-auto-tech-talent/22178545/ |url-status=live}}</ref><ref>{{cite news |url=https://www.forbes.com/sites/kbrauer/2015/01/22/ford-opens-new-research-and-innovation-center-in-palo-alto/ |title=Ford Opens New Research and Innovation Center in Palo Alto |first=Karl |last=Brauer |work=Forbes |location=US |date=January 22, 2015 |access-date=April 28, 2019 |archive-date=April 25, 2019 |archive-url=https://web.archive.org/web/20190425193659/https://www.forbes.com/sites/kbrauer/2015/01/22/ford-opens-new-research-and-innovation-center-in-palo-alto/ |url-status=live}}</ref><ref>{{cite news |url=https://www.wsj.com/articles/ford-opens-palo-alto-engineering-center-1421956563 |title=Ford Opens Palo Alto Engineering Center |first=Christina |last=Rogers |work=[[The Wall Street Journal]] |location=US |date=January 22, 2015 |access-date=April 28, 2019 |archive-date=April 25, 2019 |archive-url=https://web.archive.org/web/20190425193700/https://www.wsj.com/articles/ford-opens-palo-alto-engineering-center-1421956563 |url-status=live }}</ref><ref>{{cite news |url=http://www.computerworld.com/article/2874392/ford-opens-autonomous-vehicle-rd-center-in-tesla-territory.html |title=Ford opens autonomous vehicle R&D center in Tesla territory |first=Lucas |last=Mearian |work=Computerworld |location=US |date=January 22, 2015 |access-date=April 28, 2019 |archive-date=April 25, 2019 |archive-url=https://web.archive.org/web/20190425193706/https://www.computerworld.com/article/2874392/ford-opens-autonomous-vehicle-rd-center-in-tesla-territory.html |url-status=live }}</ref> |
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==Former operations== |
==Former operations== |
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===East and Southeast Asia=== |
===East and Southeast Asia=== |
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Ford decided to shut down their entire operations in [[Indonesia]], including their dealer network by second half of 2016.<ref>{{cite web|url=http://oto.detik.com/read/2016/01/25/180632/3126733/1207/ford-mundur-dari-indonesia|date=January 25, 2016| |
Ford decided to shut down their entire operations in [[Indonesia]], including their dealer network by second half of 2016.<ref>{{cite web|url=http://oto.detik.com/read/2016/01/25/180632/3126733/1207/ford-mundur-dari-indonesia|date=January 25, 2016|access-date=January 27, 2016|title=Ford Mundur dari Indonesia|language=id|trans-title=Ford backwards from Indonesia|first=Dadan|last=Kuswaraharja|work=DetikOto|publisher=detikcom|archive-date=January 28, 2016|archive-url=https://web.archive.org/web/20160128015739/http://oto.detik.com/read/2016/01/25/180632/3126733/1207/ford-mundur-dari-indonesia|url-status=live}}</ref><ref>{{cite news |url=https://www.reuters.com/article/us-ford-motor-indonesia/fords-indonesian-dealers-demand-compensation-after-abrupt-withdrawal-idUSKCN0ZD157 |title=Ford's Indonesian dealers demand compensation after abrupt withdrawal |first1=Eveline |last1=Danubrata |first2=Yuddy |last2=Cahya |publisher=Reuters |date=June 27, 2016 |access-date=January 25, 2020 |archive-date=January 25, 2020 |archive-url=https://web.archive.org/web/20200125060446/https://www.reuters.com/article/us-ford-motor-indonesia/fords-indonesian-dealers-demand-compensation-after-abrupt-withdrawal-idUSKCN0ZD157 |url-status=live}}</ref> |
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====Ford of Japan==== |
====Ford of Japan==== |
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{{main|Ford Motor Company of Japan}} |
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Ford established a manufacturing facility in the port city of Yokohama in February 1925, where Model T vehicles were assembled using imported [[knock-down kit]]s.<ref>{{cite web | title=Ford's System of Branch Assembly Plants | website=Ford Motor Company History | date=August 22, 2007 | url=http://fordmotorhistory.com/factories/branch_system.php | access-date=July 31, 2017}}</ref> The factory subsequently produced 10,000 Model A's up to 1936. Production ceased in 1940 as a result of political tensions between Japan and the United States. |
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Ford established a manufacturing facility in the port city of Yokohama in February 1925, where Model T vehicles were assembled using imported [[knock-down kit]]s.<ref>{{cite web | title=Ford's System of Branch Assembly Plants | website=Ford Motor Company History | date=August 22, 2007 | url=http://fordmotorhistory.com/factories/branch_system.php | access-date=July 31, 2017 | archive-date=December 12, 2015 | archive-url=https://web.archive.org/web/20151212032406/http://www.fordmotorhistory.com/factories/branch_system.php | url-status=live }}</ref> The factory subsequently produced 10,000 Model A's up to 1936. Production ceased in 1940 as a result of political tensions between Japan and the United States. |
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After World War II, Ford did not have a presence in Japan, as the Ford facility was appropriated by the Japanese Government until 1958 when property was returned as a possession of the Ford Motor Company and became a [[List of Mazda facilities#R&D|research and development location]] for Ford partner [[Mazda]]. In 1979, Ford acquired a 24.5% ownership stake in Mazda, and in 1982, Ford and Mazda jointly established a sales channel to sell Ford products in Japan, including vehicles manufactured in North America, at a dealership called ''[[:ja:オートラマ|Autorama]] (Japanese)''. The Autorama sales channel was renamed Ford Sales of Japan in 1997.<ref>{{cite web |url=http://www.autointell.com/asian_companies/mazda/mazda-company/mazda-relation-ford-01.htm |title=Automotive Intelligence |work=Autointell.com | |
After World War II, Ford did not have a presence in Japan, as the Ford facility was appropriated by the Japanese Government until 1958 when property was returned as a possession of the Ford Motor Company and became a [[List of Mazda facilities#R&D|research and development location]] for Ford partner [[Mazda]]. In 1979, Ford acquired a 24.5% ownership stake in Mazda, and in 1982, Ford and Mazda jointly established a sales channel to sell Ford products in Japan, including vehicles manufactured in North America, at a dealership called ''[[:ja:オートラマ|Autorama]] (Japanese)''. The Autorama sales channel was renamed Ford Sales of Japan in 1997.<ref>{{cite web |url=http://www.autointell.com/asian_companies/mazda/mazda-company/mazda-relation-ford-01.htm |title=Automotive Intelligence |work=Autointell.com |access-date=August 16, 2013 |archive-date=September 22, 2013 |archive-url=https://web.archive.org/web/20130922114600/http://www.autointell.com/asian_companies/mazda/mazda-company/mazda-relation-ford-01.htm |url-status=live }}</ref> |
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Vehicles sold at ''Autorama'' locations were the North American assembled Ford Explorer, Probe (1989–1998), Mustang, Taurus (1989–1997), Thunderbird (1990–1993), Lincoln Continental, and Lincoln LS. Ford products manufactured in Europe that were sold in Japan were the [[Ford Mondeo]], [[Ford Ka|Ka]], [[Ford Focus|Focus]], [[Ford C-Max|Focus C-MAX]], [[Ford Fiesta|Fiesta]], and the [[Ford Galaxy|Galaxy]]. Mazda manufactured Ford vehicles in Japan and sold them as Fords at the Autorama locations. They were the [[Ford Telstar]] (Mazda Capella), [[Ford Laser|Laser]], [[Ford Festiva|Festiva]], [[Mazda Demio|Festiva Mini Wagon]], [[Ford Ixion|Ixion]] (Mazda Premacy), [[Ford Freda|Freda]] (Mazda Bongo Friendee), [[Ford Spectron|Spectron]] (Mazda Bongo), and commercial trucks J80 and the J100 (Mazda Bongo truck). |
Vehicles sold at ''Autorama'' locations were the North American assembled Ford Explorer, Probe (1989–1998), Mustang, Taurus (1989–1997), Thunderbird (1990–1993), Lincoln Continental, and Lincoln LS. Ford products manufactured in Europe that were sold in Japan were the [[Ford Mondeo]], [[Ford Ka|Ka]], [[Ford Focus|Focus]], [[Ford C-Max|Focus C-MAX]], [[Ford Fiesta|Fiesta]], and the [[Ford Galaxy|Galaxy]]. Mazda manufactured Ford vehicles in Japan and sold them as Fords at the Autorama locations. They were the [[Ford Telstar]] (Mazda Capella), [[Ford Laser|Laser]], [[Ford Festiva|Festiva]], [[Mazda Demio|Festiva Mini Wagon]], [[Ford Ixion|Ixion]] (Mazda Premacy), [[Ford Freda|Freda]] (Mazda Bongo Friendee), [[Ford Spectron|Spectron]] (Mazda Bongo), and commercial trucks J80 and the J100 (Mazda Bongo truck). |
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Ford increased its shareholding in Mazda to 33.4% in 1996, but {{as of|2016|July|lc=y}}, it is listed at 11%.<ref>{{cite news |url=http://www.autonews.com/article/20150824/INDUSTRY_ON_TRIAL/308249993/how-fords-partnership-with-mazda-unraveled |title=How Ford's partnership with Mazda unraveled |first=Hans |last=Gremimel |work=Automotive News |date=August 24, 2015 |access-date=July 26, 2016}}</ref> Ford did sell a small range of vehicles in Japan; {{as of|2010|October|lc=y}}, the Ford Mustang, Escape, Explorer (and Explorer truck), [[Ford Kuga]], [[Lincoln Navigator]], [[Lincoln MKX]], and more recently, the [[Ford Ecosport]] were available in Japan. {{as of|2016|February |
Ford increased its shareholding in Mazda to 33.4% in 1996, but {{as of|2016|July|lc=y}}, it is listed at 11%.<ref>{{cite news |url=http://www.autonews.com/article/20150824/INDUSTRY_ON_TRIAL/308249993/how-fords-partnership-with-mazda-unraveled |title=How Ford's partnership with Mazda unraveled |first=Hans |last=Gremimel |work=Automotive News |date=August 24, 2015 |access-date=July 26, 2016 |archive-date=October 9, 2020 |archive-url=https://web.archive.org/web/20201009162409/https://www.autonews.com/article/20150824/INDUSTRY_ON_TRIAL/308249993/how-ford-s-partnership-with-mazda-unraveled |url-status=live }}</ref> Ford did sell a small range of vehicles in Japan; {{as of|2010|October|lc=y}}, the Ford Mustang, Escape, Explorer (and Explorer pickup truck), [[Ford Kuga]], [[Lincoln Navigator]], [[Lincoln MKX]], and more recently, the [[Ford Ecosport]] were available in Japan. {{as of|2016|February}}, Ford no longer maintains a regional office in Minato, Tokyo, Japan, and sales of new cars in Japan have ended.<ref>{{cite news |url=https://www.forbes.com/sites/bertelschmitt/2016/01/26/ford-surrenders-to-japan/#6235fba42989 |title=It's Ford's Fault That It Couldn't Compete In Japan |first=Bertel |last=Schmitt |work=Forbes |date=January 26, 2016 |access-date=July 26, 2016 |archive-date=July 30, 2016 |archive-url=https://web.archive.org/web/20160730183508/http://www.forbes.com/sites/bertelschmitt/2016/01/26/ford-surrenders-to-japan/#6235fba42989 |url-status=live }}</ref><ref>{{cite news |url=http://www.japantimes.co.jp/news/2016/01/26/business/corporate-business/despite-tpp-ford-exit-closed-japan-indonesia/ |title=Ford to exit Japan, citing its 'closed' market |work=The Japan Times |date=January 26, 2016 |access-date=July 26, 2016 |archive-date=July 14, 2016 |archive-url=https://web.archive.org/web/20160714115738/http://www.japantimes.co.jp/news/2016/01/26/business/corporate-business/despite-tpp-ford-exit-closed-japan-indonesia |url-status=live }}</ref> |
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===Oceania=== |
===Oceania=== |
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[[File:Ford stamping plant Geelong.jpg|thumb|right|The Ford stamping plant in [[Geelong]], Victoria, Australia. It closed in 2016.]] |
[[File:Ford stamping plant Geelong.jpg|thumb|right|The Ford stamping plant in [[Geelong]], Victoria, Australia. It closed in 2016.]] |
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In Australia and New Zealand, the popular [[Ford Falcon (Australia)|Ford Falcon]] (1960–2016) had long been considered the average family car and is considerably larger than the Mondeo, Ford's largest car sold in Europe. Between 1960 and 1972, the Falcon was based on a U.S. model of the same name, but since then has been entirely designed and manufactured in Australia until 2016, occasionally being manufactured in New Zealand. Like its [[General Motors]] rival, the [[Holden Commodore]], the Falcon used a rear |
In Australia and New Zealand, the popular [[Ford Falcon (Australia)|Ford Falcon]] (1960–2016) had long been considered the average family car and is considerably larger than the Mondeo, Ford's largest car sold in Europe. Between 1960 and 1972, the Falcon was based on a U.S. model of the same name, but since then has been entirely designed and manufactured in Australia until 2016, occasionally being manufactured in New Zealand. Like its [[General Motors]] rival, the [[Holden Commodore]], the Falcon used a rear-wheel-drive layout. High-performance variants of the Falcon running locally built engines produce up to {{cvt|362|hp|kW|0}}. A [[Coupé utility|ute]] (short for "utility", known in the U.S. as [[pickup truck]]) version is also available with the same range of drivetrains. In addition, Ford Australia sold highly tuned limited-production Falcon sedans and [[pickup truck|utes]] through its performance car division, [[Ford Performance Vehicles]] until it closed in 2014. |
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In Australia, the Commodore and Falcon had traditionally outsold all other cars and |
In Australia, the Commodore and Falcon had traditionally outsold all other cars and constituted over 20% of the new car market. In New Zealand, Ford was second in market share in the first eight months of 2006 with 14.4%.<ref>{{cite news | title = Kia soars ahead of the others | date = September 20, 2006 | url = http://www.nzherald.co.nz/motoring/news/article.cfm?c_id=9&objectid=10402012 | work = The New Zealand Herald | access-date = December 30, 2015 | archive-date = February 1, 2016 | archive-url = https://web.archive.org/web/20160201105149/http://www.nzherald.co.nz/motoring/news/article.cfm?c_id=9&objectid=10402012 | url-status = live }}</ref> More recently, Ford has axed its Falcon-based LWB variant of its lineup– the Fairlane and LTD ranges. Ford discontinued the Fairlane in 2007 and LTD in 2008. Ford had announced that their Geelong engine manufacturing plant would be shut down between 2013 and 2016. They had earlier announced local manufacturing of the Focus small car starting from 2011, but instead decided to import the model from Ford's plant in [[Thailand]].<ref>{{cite news |url=https://www.drive.com.au/motor-news/no-regrets-about-aussie-focus-ford-20110802-1i8rh.html |title=No regrets about Aussie Focus: Ford |first=Jez |last=Spinks |work=Drive |location=Australia |date=August 2, 2011 |access-date=January 25, 2020 |archive-date=January 25, 2020 |archive-url=https://web.archive.org/web/20200125055552/https://www.drive.com.au/motor-news/no-regrets-about-aussie-focus-ford-20110802-1i8rh.html |url-status=live }}</ref> |
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In Australia, the Laser was one of [[Ford Motor Company of Australia|Ford Australia]]'s most successful models and was manufactured in Ford's [[Homebush, New South Wales|Homebush]] plant from 1981 until the plant's closure in September 1994. It outsold the [[Mazda 323]], despite being almost identical to it because the Laser was manufactured in Australia and Ford was perceived as a local brand.<ref> |
In Australia, the Laser was one of [[Ford Motor Company of Australia|Ford Australia]]'s most successful models and was manufactured in Ford's [[Homebush West, New South Wales|Homebush West]] plant from 1981 until the plant's closure in September 1994. It outsold the [[Mazda 323]], despite being almost identical to it because the Laser was manufactured in Australia and Ford was perceived as a local brand.<ref>{{cite news |url=https://news.google.com/newspapers?id=5OoxAAAAIBAJ&pg=3080%2C4077082 |title=Australia Welcomes The 'new' Migrants |first=David |last=Robertson |newspaper=[[The Age]] |page=43 |date=June 16, 1986 |access-date=September 23, 2020 |archive-date=October 9, 2020 |archive-url=https://web.archive.org/web/20201009162412/https://news.google.com/newspapers?id=5OoxAAAAIBAJ&pg=3080%2C4077082 |url-status=live }}</ref> According to research carried out by [[Ford Australia]] in 1984, a third of Laser buyers were unaware that the Ford model was based on the [[Mazda 323]].<ref>{{cite news |last=de Fraga |first=Christopher |date=June 1, 1984 |url=https://news.google.com/newspapers?id=jhoRAAAAIBAJ&pg=2509,159472 |title=Family tree bears fruit |newspaper=[[The Age]] |page=18 |access-date=September 8, 2016 |archive-date=October 9, 2020 |archive-url=https://web.archive.org/web/20201009162414/https://news.google.com/newspapers?id=jhoRAAAAIBAJ&pg=2509%2C159472 |url-status=live }}</ref> |
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In New Zealand, the [[Ford Laser]] and [[Ford Telstar|Telstar]] were assembled alongside the [[Mazda 323]] and [[Mazda 626|626]] until 1997, at the Vehicle Assemblers of New Zealand (VANZ) plant in [[Wiri]], [[Auckland]].<ref>{{cite web|url=https://www.google.co.uk/search?num=30&hl=en&tbm=bks&ei=jcpVW8LzLsGvkwWTy7bgCQ&q=%22Within+VANZ%2C+these+are+generally+referred+to+as+the+Laser%2C+Telstar+and+Falcon%22&oq=%22Within+VANZ%2C+these+are+generally+referred+to+as+the+Laser%2C+Telstar+and+Falcon%22&gs_l=psy-ab.3...134034.197418.0.198797.4.4.0.0.0.0.128.394.2j2.4.0....0...1c.1j2.64.psy-ab..0.0.0....0.uwSGvW36_5c |title=Transactions of the Institution of Engineers, Australia: Mechanical engineering |volume=15-16 |publisher=Institution of Engineers |location=Australia |year=1989 |page=163 |access-date=January 25, 2020 |archive-date=October 9, 2020 |archive-url=https://web.archive.org/web/20201009162417/https://www.google.co.uk/search?num=30&hl=en&tbm=bks&ei=jcpVW8LzLsGvkwWTy7bgCQ&q=%22Within+VANZ%2C+these+are+generally+referred+to+as+the+Laser%2C+Telstar+and+Falcon%22&oq=%22Within+VANZ%2C+these+are+generally+referred+to+as+the+Laser%2C+Telstar+and+Falcon%22&gs_l=psy-ab.3...134034.197418.0.198797.4.4.0.0.0.0.128.394.2j2.4.0....0...1c.1j2.64.psy-ab..0.0.0....0.uwSGvW36_5c |url-status=live }}</ref> The [[Ford Sierra|Sierra]] wagon was also assembled in New Zealand, owing to the popularity of [[station wagon]]s in that market.<ref>{{cite magazine |url=https://books.google.com/books?id=22NWAAAAMAAJ&q=%20telstar%20 |title=The Motor |magazine=The Motor |volume=168 |publisher=Temple Press Limited |year=1985 |page=32 |access-date=September 23, 2020 |archive-date=October 9, 2020 |archive-url=https://web.archive.org/web/20201009162418/https://books.google.com/books?id=22NWAAAAMAAJ&dq=%22ford+sierra%22+%22new+zealand%22&q=+telstar+ |url-status=live }}</ref> |
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In New Zealand, the [[Ford Laser]] and [[Ford Telstar|Telstar]] were assembled alongside the [[Mazda 323]] and [[Mazda 626|626]] until 1997, at the Vehicle Assemblers of New Zealand (VANZ) plant in [[Wiri]], [[Auckland]]. The [[Ford Sierra|Sierra]] wagon was also assembled in New Zealand, owing to the popularity of [[station wagon]]s in that market. |
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The scheduled closure of Ford's Australian manufacturing base in 2016 was confirmed on May 23, 2013. Headquartered in the Victorian suburb of Broadmeadows, the company had registered losses worth AU$600 million over the five years prior to the announcement. It was noted that the corporate fleet and government sales that account for two-thirds of large, local car sales in Australia are insufficient to keep Ford's products profitable and viable in Australia. The decision will affect 1200 Ford workers—over 600 employees in Geelong and more than 500 in Broadmeadows—who will lose their jobs by October 2016. The closure of |
The scheduled closure of Ford's Australian manufacturing base in 2016 was confirmed on May 23, 2013. Headquartered in the Victorian suburb of Broadmeadows, the company had registered losses worth AU$600 million over the five years prior to the announcement. It was noted that the corporate fleet and government sales that account for two-thirds of large, local car sales in Australia are insufficient to keep Ford's products profitable and viable in Australia. The decision will affect 1200 Ford workers—over 600 employees in Geelong and more than 500 in Broadmeadows—who will lose their jobs by October 2016. The closure of Ford's plants in Norlane Geelong and Broadmeadows Melbourne occurred on October 7, 2016.<ref>{{cite web |title=Ford's exit spells the end of the road for manufacturing |url=http://theconversation.com/fords-exit-spells-the-end-of-the-road-for-manufacturing-14594 |work=The Conversation Australia |publisher=The Conversation Media Group |access-date=May 26, 2013 |first=Remy |last=Davison |date=May 24, 2013 |archive-date=June 11, 2013 |archive-url=https://web.archive.org/web/20130611122848/http://theconversation.com/fords-exit-spells-the-end-of-the-road-for-manufacturing-14594 |url-status=live }}</ref> |
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==Products and services== |
==Products and services== |
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===Automobiles=== |
===Automobiles=== |
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{{See also|List of Ford vehicles|List of Lincoln vehicles|List of Mercury vehicles}} |
{{See also|List of Ford vehicles|List of Lincoln vehicles|List of Mercury vehicles}} |
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[[File:Prag, Wenzelsplatz, Ford Mustang -- 2019 -- 101913.jpg|thumb|[[Ford Mustang]]s of various years on display at Wenceslas Square, Prague, Czech Republic in 2019. The vehicle is a popular model sold in many countries.]] |
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[[File:2013 Lincoln MKS AWD facelift, front view.jpg|thumb|The 2013 model year [[Lincoln MKS]]]] |
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Ford Motor Company sells a broad range of automobiles under the Ford marque worldwide, and an additional range of luxury automobiles under the [[Lincoln (automobile)|Lincoln]] marque in the United States. The company has sold vehicles under a number of other marques during its history. The [[Mercury (automobile)|Mercury]] brand was introduced by Ford in 1939, continuing in production until 2011 when poor sales led to its discontinuation.<ref>{{cite press release |
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Ford Motor Company sells a broad range of automobiles under the Ford [[marque]] worldwide, and an additional range of luxury automobiles under the [[Lincoln (automobile)|Lincoln]] marque in the United States. The company has sold vehicles under a number of other marques during its history. The [[Mercury (automobile)|Mercury]] brand was introduced by Ford in 1939, continuing in production until 2011 when poor sales led to its discontinuation.<ref>{{cite press release |
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|title=Ford To Expand Lincoln Lineup and Brand Emphasis; Mercury Production Ends In Fourth Quarter of 2010 |
|title=Ford To Expand Lincoln Lineup and Brand Emphasis; Mercury Production Ends In Fourth Quarter of 2010 |
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|publisher=Ford Motor Company |
|publisher=Ford Motor Company |
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|date=June 2, 2010 |
|date=June 2, 2010 |
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|url=http://corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-ford-to-expand-lincoln-lineup-and-32749 |
|url=http://corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-ford-to-expand-lincoln-lineup-and-32749 |
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|access-date=March 30, 2011 |
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|archive-date=June 3, 2011 |
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|archive-url=https://web.archive.org/web/20110603214127/http://corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-ford-to-expand-lincoln-lineup-and-32749 |
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|url-status=live |
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}}</ref> In 1958, Ford introduced the [[Edsel]] brand, but poor sales led to its discontinuation in 1960. In 1985, the [[Merkur]] brand was introduced in the United States to market products produced by Ford of Europe; it was discontinued in 1989. |
}}</ref> In 1958, Ford introduced the [[Edsel]] brand, but poor sales led to its discontinuation in 1960. In 1985, the [[Merkur]] brand was introduced in the United States to market products produced by Ford of Europe; it was discontinued in 1989. |
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Ford acquired the British sports car maker [[Aston Martin]] in 1989, later selling it on March 12, 2007,<ref>{{cite press release |title=Ford Announces Agreement to Sell Aston Martin |url=http://media.ford.com/article_display.cfm?article_id=25635 |url-status=dead |publisher=Ford Motor Company |date=March 12, 2007 |access-date=February 6, 2013 |archive-url=https://archive.today/20130410195946/http://media.ford.com/article_display.cfm?article_id=25635 |archive-date=April 10, 2013}}</ref> although retaining an 8% stake.<ref>{{cite news |url=https://www.nytimes.com/2007/03/12/business/worldbusiness/12iht-ford.4881210.html |title=Ford sells Aston Martin unit |work=The New York Times |first=Nick |last=Bunkley |date=March 12, 2007 |access-date=February 6, 2013 |archive-date=January 15, 2013 |archive-url=https://web.archive.org/web/20130115093512/http://www.nytimes.com/2007/03/12/business/worldbusiness/12iht-ford.4881210.html |url-status=live}}</ref><ref>{{cite news |last=Lee |first=Steven |title=Aston Martin main owner is looking for buyers |url=http://www.dailypressdot.com/aston-martin-main-owner-is-looking-for-buyers/757312/ |url-status=live |work=Daily Press |date=November 12, 2012 |access-date=February 6, 2013 |archive-url=https://web.archive.org/web/20130509065136/http://www.dailypressdot.com/aston-martin-main-owner-is-looking-for-buyers/757312/ |archive-date=May 9, 2013}}</ref> Ford purchased [[Volvo Cars]] of Sweden in 1999,<ref>{{cite web|url=http://news.cision.com/volvo/r/volvo-enters-into-agreement-with-ford-to-sell-volvo-cars-for-sek-50-billion,c6053|title=AB Volvo – press release|publisher=[[Cision]]|date=January 28, 1999|access-date=May 2, 2013|archive-date=September 22, 2013|archive-url=https://web.archive.org/web/20130922122419/http://news.cision.com/volvo/r/volvo-enters-into-agreement-with-ford-to-sell-volvo-cars-for-sek-50-billion,c6053|url-status=live}}</ref> selling it to [[Zhejiang Geely Holding Group]] in 2010. |
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Ford acquired the British sports car maker [[Aston Martin]] in 1989, later selling it on March 12, 2007,<ref>{{cite press release |
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|title = Ford Announces Agreement to Sell Aston Martin |
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|publisher = Ford Motor Company |
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|date = March 12, 2007 |
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|accessdate = February 6, 2013 |
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|url = http://media.ford.com/article_display.cfm?article_id=25635 |
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|archive-url = https://archive.is/20130410195946/http://media.ford.com/article_display.cfm?article_id=25635 |
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|dead-url = yes |
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|archive-date = April 10, 2013 |
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}}</ref> although retaining an 8% stake.<ref>{{cite news |url=https://www.nytimes.com/2007/03/12/business/worldbusiness/12iht-ford.4881210.html |title=Ford sells Aston Martin unit |work=The New York Times |first=Nick |last=Bunkley |date=March 12, 2007 |accessdate=February 6, 2013}}</ref><ref>{{cite news |url=http://www.dailypressdot.com/aston-martin-main-owner-is-looking-for-buyers/757312/ |title=Aston Martin main owner is looking for buyers |work=Daily Press |first=Steven |last=Lee |date=November 12, 2012|accessdate=February 6, 2013}}</ref> Ford purchased [[Volvo Cars]] of Sweden in 1999,<ref>{{cite web|url= http://news.cision.com/volvo/r/volvo-enters-into-agreement-with-ford-to-sell-volvo-cars-for-sek-50-billion,c6053|title=AB Volvo – press release|work=[[Cision]]|date=January 28, 1999}}</ref> selling it to [[Zhejiang Geely Holding Group]] in 2010. In November 2008, it reduced its 33.4% [[controlling interest]] in [[Mazda]] of Japan to a 13.4% non-controlling interest.<ref>{{cite news|url=http://www.industryweek.com/companies-amp-executives/ford-sell-20-stake-mazda|title=Ford to Sell 20% Stake in Mazda|date=November 18, 2008|agency=Agence France-Presse|access-date=April 15, 2018}}</ref> |
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On November 18, 2010, Ford reduced their stake further to just 3%, citing the reduction of ownership would allow greater flexibility to pursue growth in emerging markets. Ford and Mazda remain strategic partners through exchanges of technological information and joint ventures, including an American joint venture plant in Flat Rock, Michigan called [[Auto Alliance]].<ref>{{cite web|url=http://corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-ford-to-change-stake-in-mazda-both-33588 |
In November 2008, it reduced its 33.4% [[controlling interest]] in [[Mazda]] of Japan to a 13.4% non-controlling interest.<ref>{{cite news|url=http://www.industryweek.com/companies-amp-executives/ford-sell-20-stake-mazda|title=Ford to Sell 20% Stake in Mazda|date=November 18, 2008|agency=Agence France-Presse|access-date=April 15, 2018|archive-date=April 16, 2018|archive-url=https://web.archive.org/web/20180416073555/http://www.industryweek.com/companies-amp-executives/ford-sell-20-stake-mazda|url-status=live}}</ref> On November 18, 2010, Ford reduced their stake further to just 3%, citing the reduction of ownership would allow greater flexibility to pursue growth in emerging markets. Ford and Mazda remain strategic partners through exchanges of technological information and joint ventures, including an American joint venture plant in [[Flat Rock, Michigan]] called [[Auto Alliance]].<ref>{{cite web|url=http://corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-ford-to-change-stake-in-mazda-both-33588|title=Ford to Change Stake in Mazda|publisher=Ford Motor Company|date=November 18, 2010|access-date=March 9, 2011|archive-date=July 11, 2011|archive-url=https://web.archive.org/web/20110711015837/http://corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-ford-to-change-stake-in-mazda-both-33588|url-status=live}}</ref> In 2015, Ford sold its remaining 3% stake in Mazda.<ref>{{cite news |url=http://asia.nikkei.com/Business/Deals/Ford-sells-remaining-stake-in-Mazda |title=Automaker tie-ups: Ford sells remaining stake in Mazda |work=Nikkei Asian Review |date=November 14, 2015 |access-date=February 25, 2017 |archive-date=February 19, 2017 |archive-url=https://web.archive.org/web/20170219022256/http://asia.nikkei.com/Business/Deals/Ford-sells-remaining-stake-in-Mazda |url-status=live }}</ref> |
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Ford sold the United Kingdom-based [[Jaguar Cars|Jaguar]] and [[Land Rover]] companies and brands to [[Tata Motors]] of India in March 2008. |
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On April 25, 2018, Ford announced that it planned to phase out the majority of its automobile lineup in North America, besides the [[Ford Mustang|Mustang]], to focus primarily on trucks and SUVs. Ford had also planned to introduce a "Active" crossover version of the next-generation [[Ford Focus|Focus]], but canceled those plans due to tariff issues between the United States and China.<ref>{{Cite news|url=https://www.theverge.com/2018/4/25/17282562/ford-focus-mustang-cars-bronco-hybrid-earnings-q1|title=Ford will only sell two kinds of cars in America|work=The Verge|access-date=April 26, 2018}}</ref> |
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On April 25, 2018, Ford announced that it planned to phase out all but one of its North American automobile models (the [[Ford Mustang|Mustang]] will be the sole surviving model) to focus primarily on pickup trucks and SUVs. Ford had also planned to introduce an "Active" crossover version of the next-generation [[Ford Focus|Focus]], but canceled those plans due to tariff issues between the United States and China.<ref>{{Cite news|url=https://www.theverge.com/2018/4/25/17282562/ford-focus-mustang-cars-bronco-hybrid-earnings-q1|title=Ford will only sell two kinds of cars in America|work=The Verge|access-date=April 26, 2018|archive-date=April 26, 2018|archive-url=https://web.archive.org/web/20180426024627/https://www.theverge.com/2018/4/25/17282562/ford-focus-mustang-cars-bronco-hybrid-earnings-q1|url-status=live}}</ref> |
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===Current marques=== |
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{| class="wikitable" |
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|- |
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! Marque !! Country of origin !! Years used/owned !! Markets |
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|- |
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| Ford || United States || 1903–present || Global |
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|- |
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| [[Lincoln Motor Company|Lincoln]] || United States || 1922–present || North America, Middle East, China, South Korea |
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|- |
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| [[Troller]] || Brazil || 2007–present || Brazil |
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|- |
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|} |
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=== |
===Trucks=== |
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[[File:Ford 1939.jpg|thumb|An advertisement for the 1939 Ford V-8 pick-up truck]] |
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{| class="wikitable" |
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[[File:Ford truck 1961 ad.jpg|thumb|An advertisement for the 1961 Ford H-Series truck]] |
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|- |
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[[File:2023 Ford F-150 Lightning.jpg|thumb|2023 [[Ford F-150 Lightning]]]] |
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! Marque !! Country of origin !! Years used/owned !! Markets |
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|- |
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| [[Mercury (automobile)|Mercury]] || United States || 1939–2011 || North America, Middle East |
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|- |
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| [[Lincoln Motor Company#Continental Division (1956–1960)|Continental]] || United States || 1956–1960 || North America |
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|- |
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| [[Edsel]] || United States || 1957–1960 || North America |
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|- |
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| [[Merkur]] || United States || 1985–1989 || North America |
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|- |
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| [[Jaguar Cars|Jaguar]] || United Kingdom || 1989–2008 || Global |
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|- |
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| [[Aston Martin]] || United Kingdom || 1989–2007 || Global |
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|- |
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| [[Volvo Cars|Volvo]] || Sweden || 1999–2010 || Global |
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|- |
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| [[Land Rover]] || United Kingdom || 2000–2008 || Global |
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|- |
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| [[Mazda]] || Japan || 1974–2015 || Global |
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|- |
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| [[Ford Performance Vehicles|FPV]] || Australia || 2002–2014 || Australia |
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|- |
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|} |
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===Trucks=== |
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[[File:Ford 1939.jpg|thumb|right|An advertisement for the 1939 Ford V-8 pick-up truck]] |
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[[File:Ford truck 1961 ad.jpg|thumb|right|upright|An advertisement for the 1961 Ford H-Series truck]] |
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Ford has produced trucks since 1908, beginning with the [[Ford Model TT]], followed by the [[Ford Model AA|Model AA]], and the [[1932 Ford#Model BB trucks|Model BB]]. Countries where Ford commercial vehicles are or were formerly produced include Argentina, Australia, Brazil, Canada (also badged as [[Mercury (automobile)|Mercury]]), France, Germany, India, Netherlands, Philippines, Spain (badged [[Ebro trucks|Ebro]] too), Turkey, UK (badged also [[Fordson]] and [[Thames Trader|Thames]]), and the United States. |
Ford has produced trucks since 1908, beginning with the [[Ford Model TT]], followed by the [[Ford Model AA|Model AA]], and the [[1932 Ford#Model BB trucks|Model BB]]. Countries where Ford commercial vehicles are or were formerly produced include Argentina, Australia, Brazil, Canada (also badged as [[Mercury (automobile)|Mercury]]), France, Germany, India, Netherlands, Philippines, Spain (badged [[Ebro trucks|Ebro]] too), Turkey, UK (badged also [[Fordson]] and [[Thames Trader|Thames]]), and the United States. |
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From the 1940s to late 1970s, Ford's [[Ford F-Series]] |
From the 1940s to the late 1970s, Ford's [[Ford F-Series]] was used as the base for light trucks for the North American market. |
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Most of these ventures are now extinct. The European one that lasted longest was the lorries arm of [[Ford of Britain]], which became part of the [[Iveco]] group in 1986. Ford had a minority share in the new company and Iveco took over sales and production of the [[Ford Cargo]] range.<ref>{{cite journal | journal = TRUCK | date=June 1986 | ref = truck86 | page = 39 | last = Kent | first = Gordon | title = Intertruck: Britain | location = London, UK | publisher = FF Publishing Ltd }}</ref> Ford's last significant European truck models were the [[Ford Transcontinental|Transcontinental]] and the Cargo. |
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At the end of 1996, Ford sold the rights to its heavy trucks division to the [[Freightliner Trucks]] division of Daimler AG, with Ford producing the Cargo, Louisville, and Aeromax, through the 1998 model year. |
Most of these ventures are now extinct. The European one that lasted longest was the lorries arm of [[Ford of Britain]], which became part of the [[Iveco]] group in 1986. Ford had a minority share in the new company and Iveco took over sales and production of the [[Ford Cargo]] range.<ref>{{cite journal |last=Kent |first=Gordon |title=Intertruck: Britain |journal=TRUCK |publisher=FF Publishing Ltd |location=London |date=June 1986 |page=39 |ref=truck86}}</ref> Ford's last significant European truck models were the [[Ford Transcontinental|Transcontinental]] and the Cargo. At the end of 1996, Ford sold the rights to its heavy trucks division to the [[Freightliner Trucks]] division of Daimler AG, with Ford producing the Cargo, Louisville, and Aeromax, through the 1998 model year. During the 1998 model year, Freightliner began production of its own versions of Ford-developed trucks in St. Thomas, Ontario, launching the [[Sterling Trucks|Sterling]] truck brand.<ref name="sterling_news_release">{{cite web |title=Daimler Trucks North America Plans Decisive Response to Changed Economic Environment |url=http://www.daimler.com/dccom/0-5-7153-1-1137391-1-0-0-0-0-0-8-7145-0-0-0-0-0-0-1.html |access-date=June 18, 2009}}{{dead link|date=February 2024}}</ref><ref>{{cite news |title=Sterling Trucks launched with three models |url=http://www.fleetowner.com/mag/fleet_sterling_trucks_launched |url-status=live |work=Fleet Owner |date=March 1, 1998 |access-date=June 29, 2018 |archive-url=https://web.archive.org/web/20180629131609/http://www.fleetowner.com/mag/fleet_sterling_trucks_launched |archive-date=June 29, 2018}}</ref> Slotted between Freightliner and Western Star, Sterling trucks were produced through 2009. |
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Line of heavy trucks made by Ford for the North American market: |
Line of heavy trucks made by Ford for the North American market: |
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* Ford F-Series |
* Ford F-Series |
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** "Big Job" (1951–1957) |
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** "Super Duty/Extra Heavy Duty (1958-1962) |
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** "Super Duty/Extra Heavy Duty (1958–1962) |
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** "Big Job" (1951-1957) |
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* Ford N-Series ( |
* Ford N-Series (1963–1969) |
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* [[Ford L-Series|Ford L-Series trucks]] ( |
* [[Ford L-Series|Ford L-Series trucks]] (1970–1998) |
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** aka Ford "Louisville Line" |
** aka Ford "Louisville Line" |
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** Ford Aeromax ( |
** Ford Aeromax (1988–1998) |
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** Ford Louisville ( |
** Ford Louisville (1996–1998) |
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** Sterling ( |
** Sterling (1998–2009) |
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* [[Ford C-Series]] ( |
* [[Ford C-Series]] (1957–1990) |
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* [[Ford Cargo|Ford Cargo/CF-Series]] ( |
* [[Ford Cargo|Ford Cargo/CF-Series]] (1986–1997) |
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* Ford H-Series ( |
* Ford H-Series (1961–1966) |
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**aka "Two-story Falcon" |
**aka "Two-story Falcon" |
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*Ford W-Series ( |
*Ford W-Series (1966–1977) |
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*Ford CL-Series ( |
*Ford CL-Series (1978–1995) |
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For 1999, Ford briefly withdrew from production of medium-duty trucks. |
For 1999, Ford briefly withdrew from production of medium-duty trucks. For the 2001 model year, the company entered into a joint venture with [[Navistar International]] (the supplier of diesel engines for 1-ton F-Series trucks), named ''Blue Diamond Truck Company LLC''.<ref name="BD1">{{cite press release|title=Ford, Navistar join Forces to create Blue Diamond Truck Company|date=August 7, 2001|publisher=Ford Motor Company|url=https://www.ford-trucks.com/articles/08-07-2001-ford-navistar-join-forces-to-create-blue-diamond-truck-company/|access-date=February 4, 2010|archive-date=April 16, 2018|archive-url=https://web.archive.org/web/20180416073828/https://www.ford-trucks.com/articles/08-07-2001-ford-navistar-join-forces-to-create-blue-diamond-truck-company/|url-status=live}}</ref> As part of the joint venture, sharing a common truck chassis, the two companies would produce medium-duty (Class 6–7) trucks in a Navistar facility in Mexico, with each manufacturer supplying its own powertrain and bodywork, with the [[Ford F-650|Ford F-650/F-750 Super Duty]] and [[International DuraStar|International 4000/DuraStar]] sharing an assembly line. In 2006, the joint venture debuted the Ford LCF/International CityStar.<ref name="LCF1">{{cite web|url=http://trailer-bodybuilders.com/mag/trucks_ford_enters_lcf/|title=Ford enters LCF commercial market|first=Rick |last=Weber|date=November 2004|work=Trailer Body Builders.com|publisher=Penton Media, Inc.|access-date=February 4, 2011|archive-url=https://web.archive.org/web/20110717083833/http://trailer-bodybuilders.com/mag/trucks_ford_enters_lcf/|archive-date=July 17, 2011|url-status=dead}}</ref> Using a modified F-Series chassis adopted to fit a Mazda Titan cab, the LCF was a low-cab forward truck that was sold through 2009.<ref name="LCF2">{{cite web |last=Weber |first=Rick |title=LCF Update 2009 |url=http://www.fordtrucksonline.com/new-ford-low-cab-forward-specs.htm |work=Fordtrucksonline|publisher=HDG/Battlefield Ford|archive-url=https://web.archive.org/web/20101226032154/http://fordtrucksonline.com/new-ford-low-cab-forward-specs.htm|archive-date=December 26, 2010|url-status=dead|access-date=February 4, 2011}}</ref> |
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In Europe, Ford manufactures the [[Ford Transit]] jumbo van which is classed as a Large Goods Vehicle and has a payload of up to 2,265 kg |
In Europe, Ford manufactures the [[Ford Transit]] jumbo van, which is classed as a Large Goods Vehicle and has a payload of up to 2,265 kg; there are options of a panel van, pickup or chassis cab. The Ford Transit is also available as a light van called the [[Ford Transit Connect]] and the [[Ford Ranger]] pickup is available.<ref>[http://www.ford.co.uk/Commercialvehicles Ford UK Commercial Vehicles.] {{webarchive |url=https://web.archive.org/web/20100608091256/http://www.ford.co.uk/Commercialvehicles |date=June 8, 2010}} ford.co.uk. Retrieved June 9, 2010.</ref> |
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===Buses=== |
===Buses=== |
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[[File:1980sThomasFordSheffield.jpg|thumb|A Ford B700 bus chassis, with a body by [[Thomas Built Buses|Thomas Built]]]] |
[[File:1980sThomasFordSheffield.jpg|thumb|A Ford B700 bus chassis, with a body by [[Thomas Built Buses|Thomas Built]]]] |
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Ford manufactured complete buses in the company's early history, but today the role of the company has changed to that of a [[second stage manufacturer]]. In North America, the [[Ford E-Series|E-Series]] is still used as a chassis for small school buses and the [[Ford F-650|F-650]] is used in commercial bus markets. In the 1980s and 1990s, the medium-duty [[Ford B-Series|B700]] was a popular chassis used by school bus body manufacturers including [[Thomas Built Buses|Thomas Built]], [[Ward Body Works|Ward]], and [[Blue Bird Corporation|Blue Bird]], but Ford lost its market share due to industry contraction and agreements between body manufacturers. Older bus models included: |
Ford manufactured complete buses in the company's early history, but today the role of the company has changed to that of a [[second stage manufacturer]]. In North America, the [[Ford E-Series|E-Series]] is still used as a chassis for small school buses and the [[Ford F-650|F-650]] is used in commercial bus markets. In the 1980s and 1990s, the medium-duty [[Ford B-Series|B700]] was a popular chassis used by school bus body manufacturers including [[Thomas Built Buses|Thomas Built]], [[Ward Body Works|Ward]], and [[Blue Bird Corporation|Blue Bird]], but Ford lost its market share due to industry contraction and agreements between body manufacturers. Older bus models included: |
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[[File:1937 Ford Transit Bus in Seattle, when new.jpg|thumb|right|A 1937 [[Ford Transit Bus]] in Seattle]] |
[[File:1937 Ford Transit Bus in Seattle, when new.jpg|thumb|right|A 1937 [[Ford Transit Bus]] in Seattle]] |
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In 1936, Ford introduced the [[Ford Transit Bus]], a series of small transit buses with bodies built by a second party. Originally a front-engine design, it was modified to a rear-engine design in 1939. About 1,000 to 1,200 of the original design were built, and around 12,500 of the rear-engine design, which was in production until 1947<ref name=MCA>{{cite journal|title=Ford Buses|journal=[[Motor Coach Age]]|date=March–April 1992|volume=45|issue=3–4|pages=24–31|publisher=[[Motor Bus Society]]|issn=0739-117X}}</ref> (rebranded as the Universal Bus in 1946). |
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In 1936, Ford introduced the [[Ford Transit Bus]], a series of small transit buses with bodies built by a second party. Originally a front-engine design, it was modified to a rear-engine design in 1939. About 1,000 to 1,200 of the original design were built, and around 12,500 of the rear-engine design, which was in production until 1947<ref name=MCA>{{cite journal|title=Ford Buses|journal=[[Motor Coach Age]]|date=March–April 1992|volume=45|issue=3–4|pages=24–31|publisher=[[Motor Bus Society]]|issn=0739-117X}}</ref> (rebranded as the Universal Bus in 1946). |
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Rear-engine Transit Bus chassis model numbers:<ref name="detroittransithistory.info">{{cite web|author=HBCraig,II |url=http://www.detroittransithistory.info/PhotoGalley/Photos1940sA.html |title=Bus Photos 1940's – Pg.1 |publisher=Detroit Transit History.Info |date=September 9, 1945 |accessdate=January 27, 2012}}</ref> |
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Rear-engine Transit Bus chassis model numbers:<ref name="detroittransithistory.info">{{cite web |author=H.B. Craig, II |url=http://www.detroittransithistory.info/PhotoGalley/Photos1940sA.html |title=Bus Photos 1940's – Pg.1 |publisher=Detroit Transit History.Info |date=September 9, 1945 |access-date=January 27, 2012 |archive-date=December 16, 2011 |archive-url=https://web.archive.org/web/20111216011735/http://www.detroittransithistory.info/PhotoGalley/Photos1940sA.html |url-status=live}}</ref> |
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* 09-B/19-B City transit bus – 1939–1941 |
* 09-B/19-B City transit bus – 1939–1941 |
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* 19-B/29-B City transit bus – 1941–1942 |
* 19-B/29-B City transit bus – 1941–1942 |
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* 8MB transit bus – with Wayne Works 1948–? |
* 8MB transit bus – with Wayne Works 1948–? |
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Following World War II and from 1950s onwards, Ford lost out to [[General Motors]].<ref name="detroittransithistory.info"/> This led to the end of transit buses for Ford in North America. |
Following World War II and from the 1950s onwards, Ford lost out to [[General Motors]].<ref name="detroittransithistory.info"/> This led to the end of transit buses for Ford in North America. |
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* [[Ford B-Series|B500 or B-series]] – 1950–1990s based on Ford F-series truck chassis used by school bus body manufacturers |
* [[Ford B-Series|B500 or B-series]] – 1950–1990s based on Ford F-series truck chassis used by school bus body manufacturers |
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In Europe, Ford manufactures the [[Ford Transit]] [[Minibus]] which is classed in Europe as a Passenger Carrying Vehicle and there are options of 12-, 15-, or 17-seaters.<ref>[http://www.ford.co.uk/Commercialvehicles/TransitMinibus/Overview Ford UK Minibus.] {{webarchive|url=https://web.archive.org/web/20100510071817/http://www.ford.co.uk/Commercialvehicles/TransitMinibus/Overview |date=May 10, 2010 |
In Europe, Ford manufactures the [[Ford Transit]] [[Minibus]] which is classed in Europe as a Passenger Carrying Vehicle and there are options of 12-, 15-, or 17-seaters.<ref>[http://www.ford.co.uk/Commercialvehicles/TransitMinibus/Overview Ford UK Minibus.] {{webarchive |url=https://web.archive.org/web/20100510071817/http://www.ford.co.uk/Commercialvehicles/TransitMinibus/Overview |date=May 10, 2010}} ford.co.uk. Retrieved June 9, 2010.</ref> In the past, European models included: |
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* EM |
* EM |
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* N-138 |
* N-138 |
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===Tractors=== |
===Tractors=== |
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[[File:Ford-Tractor.jpg|thumb|A Ford N series tractor]] |
[[File:Ford-Tractor.jpg|thumb|A Ford N series tractor]] |
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The "Henry Ford and Son Company" began making [[Fordson tractor]]s in Henry's hometown of Springwells (later part of [[Dearborn, Michigan|Dearborn]]), Michigan from 1907 to 1928, from 1919 to 1932, at [[Cork (city)|Cork]], Ireland, and 1933–1964 at [[Ford Dagenham|Dagenham]], England, later transferred to [[Basildon]]. They were also produced in [[Leningrad]] beginning in 1924. |
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The "Henry Ford and Son Company" began making [[Fordson tractor]]s in Henry's hometown of Springwells (later part of [[Dearborn, Michigan|Dearborn]]), Michigan, from 1907 to 1928, from 1919 to 1932, at [[Cork (city)|Cork]], Ireland, and between 1933 and 1964 at [[Ford Dagenham|Dagenham]], England, later transferred to [[Basildon]]. They were also produced in [[Leningrad]] beginning in 1924. |
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Ford reentered the tractor market in 1939 with the [[Ford N-series tractor]]s. The Ford 8N, introduced in 1947, became the most popular tractor of all time in North America. Production of the N line of models ended in 1952. |
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The [[Ford NAA tractor]] was introduced as an entirely new model in 1953. It was a replacement for the Ford N-Series tractors. Larger than the 8N, with a four-cylinder engine, and streamlined styling. |
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In 1986, Ford expanded its tractor business when it purchased the Sperry-New Holland skid-steer loader and hay baler, hay tools and implement company from [[Sperry Corporation]] and formed Ford-New Holland which bought out [[Versatile (company)|Versatile]] tractors in 1988. This company was bought by [[Fiat]] in 1993 and the name changed from Ford New Holland to New Holland. [[New Holland Ag|New Holland]] is now part of [[CNH Global]]. |
In 1986, Ford expanded its tractor business when it purchased the Sperry-New Holland skid-steer loader and hay baler, hay tools and implement company from [[Sperry Corporation]] and formed Ford-New Holland which bought out [[Versatile (company)|Versatile]] tractors in 1988. This company was bought by [[Fiat]] in 1993 and the name changed from Ford New Holland to New Holland. [[New Holland Ag|New Holland]] is now part of [[CNH Global]]. |
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===Automotive components=== |
===Automotive components=== |
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Ford's ''FoMoCo'' parts division sells aftermarket parts under the [[Motorcraft]] brand name. It has spun off its parts division under the name [[Visteon]]. |
Ford's ''FoMoCo'' parts division sells aftermarket parts under the [[Motorcraft]] brand name. It has spun off its parts division under the name [[Visteon]].{{citation needed|date=February 2024}} |
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== FordWorks Program == |
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Ford Motor Company created the FordWorks program in 2016<ref name="FordWorks RecruitingNews">{{cite web |last1=B |first1=Tyler |title=Ford Program Focuses on Hiring People With Autism |url=https://www.recruitingnewsnetwork.com/posts/ford-program-focuses-on-hiring-people-with-autism |website=www.recruitingnewsnetwork.com |access-date=May 20, 2023 |date=November 16, 2020}}</ref><ref name="FordWorks ClickOnDetroit">{{cite web |last1=Kelly |first2=Kim |last2=DeGiulio |first1=Dane |title=Ford aims to boost hiring of employees with autism |url=https://www.clickondetroit.com/community/2020/10/15/ford-aims-to-boost-hiring-of-employees-with-autism/ |website=WDIV |access-date=May 20, 2023 |language=en |date=October 15, 2020}}</ref> with the aim to bring people with disabilities back into the workforce.<ref name="FordWorks FordCorperate">{{cite web |title=FordWorks |url=https://corporate.ford.com/careers/inclusive-hiring/fordworks.html |website=Ford Corporate |access-date=May 20, 2023}}</ref> It was the first automotive program to focus on bringing people with autism in the workforce in the US. They targeted people with autism<ref name="FordWorks RecruitingNews" /><ref name="FordWorks ClickOnDetroit" /> but have expanded their criteria to people with other disabilities.<ref name="FordWorks FordCorperate" /> Ford has partnered with Upbound to broaden their hiring under the FordWorks program.<ref name="FordWorks FordCorperate" /> |
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== Marques == |
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===Current marques=== |
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{| class="wikitable" |
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! Origin |
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! width=100px| Marque |
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! Estab. |
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! {{abbr|Added|Incorporated to Ford Motor Co.}} |
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! Markets |
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|- |
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| {{flag|US}} || Ford || 1903 || 1903 || Global |
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|- |
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| {{flag|US}} || [[Lincoln Motor Company|Lincoln]] || 1917 || 1922 || North America, Middle East, China, South Korea |
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|} |
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===Former marques=== |
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{| class="wikitable sortable" |
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! Origin |
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! width=100px| Marque |
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! width=100px| {{abbr|Years|Years under the ownership of Ford Motor Corp.}} |
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! Markets |
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! Fate |
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|- |
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| {{flag|US}} || [[Lincoln Motor Company#Continental Division (1956–1959)|Continental]]<ref>{{Cite web |title=1985 Lincoln |url=https://www.lov2xlr8.no/brochures/lincoln/85linc/85linc.html |access-date=June 26, 2022 |website=www.lov2xlr8.no}}</ref><ref>{{Cite web |title=1986 LINCOLN DIVISION, BROCHURE |url=https://www.lov2xlr8.no/brochures/lincoln/86lincl/bilder/3.jpg |access-date=June 26, 2022 |website=lincoln brochure archive}}</ref>|| 1956–1986 || North America || Discontinued |
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|- |
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| {{flag|US}} || [[Comet (marque) | Comet]] || 1960–1961 || North America || Merged with [[Mercury (automobile) | Mercury]] |
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|- |
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| {{flag|US}} || [[Edsel]] || 1957–1960 || North America || Discontinued |
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|- |
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| {{flag|US}} || [[Fordson]] || 1917–1964 || North America, Ireland, U.K. || Discontinued |
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|- |
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| {{flag|US}} || [[Mercury (automobile)|Mercury]] || 1939–2011 || North America, Middle East || Discontinued |
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|- |
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| {{flag|US}} || [[Merkur]] || 1985–1989 || North America || Discontinued |
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|- |
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| {{flag|AUS}} || [[Ford Performance Vehicles|FPV]] || 2002–2014 || Australia || Discontinued |
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|- |
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| {{flag|BRA}} || [[Troller Veículos Especiais|Troller]] || 2007–2021 || Brazil || Defunct company, plant closed by [[Ford Brasil]] |
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|- |
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| {{flag|JPN}} || [[Mazda]] || 1974–2015 || Global || Sold shares |
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|- |
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| {{flag|SWE}} || [[Volvo Cars|Volvo]] || 1999–2010 || Global || Sold to [[Geely]] |
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|- |
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| {{flag|UK}} || [[Aston Martin]] || 1989–2007 || Global || Sold to a private consortium |
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|- |
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| {{flag|UK}} || [[Jaguar Cars|Jaguar]] || 1989–2008 || Global || Sold to [[Tata Motors]] |
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|- |
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| {{flag|UK}} || [[Land Rover]] || 2000–2008 || Global || Sold to [[Tata Motors]] |
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|- |
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| {{flag|ITA}} || [[De Tomaso]] || 1971–1974 || Global || Sold to [[Alejandro de Tomaso]] |
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|- |
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| {{flag|ITA}} || [[Moto Guzzi]] || 1973–1974 || Global || Sold to [[Alejandro de Tomaso]] |
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|- |
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| {{flag|ITA}} || [[Benelli (motorcycles)|Benelli]] || 1972–1974 || Global || Sold to [[Alejandro de Tomaso]] |
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|- |
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| {{flag|CAN}} || [[Meteor (automobile)|Meteor]] || 1949–1976 || Canada || Discontinued |
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|- |
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| {{flag|CAN}} || [[Monarch (marque)|Monarch]] || 1946–1961 || Canada || Discontinued |
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|- |
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| {{flag|CAN}} || [[Frontenac (marque)|Frontenac]] || 1960 || Canada || Discontinued |
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|} |
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==Motorsport== |
==Motorsport== |
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{{main|Ford Performance}} |
{{main|Ford Performance}} |
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===FIA World Championships=== |
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Along with [[Carroll Shelby International|Shelby]] and [[Chevrolet]], Ford is one of only three American constructors to win titles on the international scene at the [[Fédération Internationale de l'Automobile|FIA]] [[List of world championships#Open|World Championships]]. As a constructor, Ford won the [[World Sportscar Championship]] three times in [[1966 World Sportscar Championship season|1966]], [[1967 World Sportscar Championship season|1967]], and [[1968 World Sportscar Championship season|1968]], and the [[World Rally Championship]] three times in [[1979 World Rally Championship season|1979]], [[2006 World Rally Championship season|2006]] and [[2007 World Rally Championship season|2007]]. |
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Along with [[Carroll Shelby International|Shelby]] and [[Chevrolet]], Ford is one of only three American constructors to win titles on the international scene at the [[Fédération Internationale de l'Automobile#FIA World Championships|FIA World Championships]]. As a constructor, Ford won the [[World Sportscar Championship]] three times in [[1966 World Sportscar Championship season|1966]] (both [[sports prototype]] category and [[Grand tourer|Grand Touring (GT)]] category), [[1967 World Sportscar Championship season|1967]] (GT category), and [[1968 World Sportscar Championship season|1968]] (sports prototype category), and at the [[World Rally Championship]] Ford won 4 [[List of World Rally Championship Drivers' champions|World Drivers' Championships]] (in [[1979 World Rally Championship season|1979]], [[1981 World Rally Championship season|1981]], [[2017 World Rally Championship season|2017]] and [[2018 World Rally Championship season|2018]]) as well as 4 [[List of World Rally Championship Manufacturers' champions|World Manufacturers' Championships]] (in [[1979 World Rally Championship season|1979]], [[2006 World Rally Championship season|2006]], [[2007 World Rally Championship season|2007]] and [[2017 World Rally Championship season|2017]]). As an engine supplier, Ford also won 13 [[List of Formula One World Drivers' Champions|Formula One World Drivers' Championships]] and 10 [[List of Formula One World Constructors' Champions|Formula One World Constructors' Championships]]. |
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Ford is also one of only three constructors to complete the [[Triple Crown of Motorsport#Teams and manufacturers|Triple Crown of Motorsport]] (wins at the [[Indianapolis 500]], [[24 Hours of Le Mans]], and [[Monaco Grand Prix]]), a feat that Ford achieved as an ''engine manufacturer'' by winning the [[1968 Monaco Grand Prix]]. |
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===Open-wheel |
===Open-wheel racing=== |
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====IndyCar==== |
====IndyCar==== |
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[[File:ArieLuyendyk1996recordcar.jpg|thumb|right|Arie Luyendyk's record-setting Ford Cosworth-powered IndyCar from 1996]] |
[[File:ArieLuyendyk1996recordcar.jpg|thumb|right|Arie Luyendyk's record-setting Ford Cosworth-powered IndyCar from 1996]] |
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[[American open-wheel car racing|IndyCars]] with Ford engines first competed in 1935 using a [[Ford flathead V8 engine|production-based Ford V8]] in the Miller-Ford racer.<ref>{{cite web |title=1935 Miller-Ford Race Car |url=https://www.thehenryford.org/artifact/251083/ |website=The Henry Ford}}</ref><ref>{{cite web |last1=Ernst |first1=Kurt |title=Preston Tucker’s prewar debacle: The 1935 Miller Ford V-8 Indy Car |url=https://www.hemmings.com/blog/2016/08/10/preston-tuckers-prewar-debacle-the-1935-miller-ford-v-8-indy-car/ |website=Hemmings Daily |publisher=Hemmings |accessdate=June 6, 2018 |date=August 10, 2016}}</ref> A [[Overhead valve engine|pushrod]] Ford V8 raced with Lotus in 1963, and Ford's first Indy win was in 1965 with a [[Overhead camshaft#Dual overhead camshaft|DOHC]] V8.<ref>{{cite web |last1=McGann |first1=John |title=Horsepower! – Ford Indy V8 |url=http://www.hotrod.com/articles/ccrp-1304-horsepower-ford-indy-v8/ |website=HotRod Network |publisher=MotorTrend Group |accessdate=June 6, 2018 |date=April 2, 2013}}</ref><ref>{{cite web |title=Graham Hill’s ‘American Red Ball Spl’ Lola T90 Ford: Indy Winner 1966... |url=https://primotipo.com/tag/ford-indy-racing-quad-cam-v8/ |website=Primotipo |accessdate=June 6, 2018 |date=June 12, 2015}}</ref> Ford motors, including the Ford-sponsored [[Cosworth DFV#DFX|DFX engine]] developed by [[Cosworth]], have won the [[Indianapolis 500]] eighteen times.<ref>{{Cite web|last=Horrow|first=Ellen J.|date=May 28, 2017|title=Year-by-Year Indianapolis 500 Winners Since 1911|url=http://sports.usatoday.com/2017/05/28/indycar-indianapolis-500-winners-year-by-year/|work=[[USA Today]]|accessdate=June 6, 2018|archiveurl=https://web.archive.org/web/20170831080022/http://sports.usatoday.com/2017/05/28/indycar-indianapolis-500-winners-year-by-year/|archivedate=August 31, 2017}}</ref> On May 12, 1996, [[Arie Luyendyk]], while driving an IndyCar powered by a Ford Cosworth XB engine, broke the [[Indianapolis 500 records]] for fastest qualification lap ({{Convert|237.498|mph|km/h|abbr=on}}) and fastest qualification four-lap average ({{Convert|236.986|mph|km/h|abbr=on}}).<ref>{{Cite web|last=Glick|first=Shav|date=May 13, 1996|title=Luyendyk Roars at Indianapolis|url=http://articles.latimes.com/1996-05-13/sports/sp-3623_1_arie-luyendyk|work=[[Los Angeles Times]]|accessdate=June 6, 2018|archiveurl=https://web.archive.org/web/20151017182910/http://articles.latimes.com/1996-05-13/sports/sp-3623_1_arie-luyendyk|archivedate=October 17, 2015}}</ref><ref>{{Cite web|last=|first=|date=April 30, 2002|title=IRL: Indy 500: Track Notes|url=https://www.motorsport.com/indycar/news/irl-indy-500-track-notes/|work=[[Motorsport.com]]|accessdate=June 6, 2018|archiveurl=https://web.archive.org/web/20180606153313/https://www.motorsport.com/indycar/news/irl-indy-500-track-notes/|archivedate=June 6, 2018}}</ref> These speed records still stand {{as of|2018|lc=y}}.<ref>{{Cite web|last=|first=|date=|title=Indianapolis 500 Qualifying Records|url=https://www.indianapolismotorspeedway.com/events/indy500/history/historical-stats/race-stats/records/track-records-qualifications|publisher=[[Indianapolis Motor Speedway|Indianapolis Motor Speedway, LLC]]|accessdate=June 6, 2018|archiveurl=https://web.archive.org/web/20180606153818/https://www.indianapolismotorspeedway.com/events/indy500/history/historical-stats/race-stats/records/track-records-qualifications|archivedate=June 6, 2018}}</ref> |
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[[American open-wheel car racing|IndyCars]] with Ford engines first competed in 1935 using a [[Ford flathead V8 engine|production-based Ford V8]] in the Miller-Ford racer.<ref>{{cite web |title=1935 Miller-Ford Race Car |url=https://www.thehenryford.org/artifact/251083/ |website=The Henry Ford |access-date=June 7, 2018 |archive-date=June 12, 2018 |archive-url=https://web.archive.org/web/20180612162048/https://www.thehenryford.org/artifact/251083/ |url-status=live }}</ref><ref>{{cite web |last1=Ernst |first1=Kurt |title=Preston Tucker's prewar debacle: The 1935 Miller Ford V-8 Indy Car |url=https://www.hemmings.com/blog/2016/08/10/preston-tuckers-prewar-debacle-the-1935-miller-ford-v-8-indy-car/ |website=Hemmings Daily |publisher=Hemmings |access-date=June 6, 2018 |date=August 10, 2016 |archive-date=June 12, 2018 |archive-url=https://web.archive.org/web/20180612141417/https://www.hemmings.com/blog/2016/08/10/preston-tuckers-prewar-debacle-the-1935-miller-ford-v-8-indy-car/ |url-status=live }}</ref> A [[Overhead valve engine|pushrod]] Ford V8 raced with Lotus in 1963, and Ford's first Indy win was in 1965 with a [[Overhead camshaft#Dual overhead camshaft|DOHC]] V8.<ref>{{cite web |last1=McGann |first1=John |title=Horsepower! – Ford Indy V8 |url=http://www.hotrod.com/articles/ccrp-1304-horsepower-ford-indy-v8/ |website=HotRod Network |publisher=MotorTrend Group |access-date=June 6, 2018 |date=April 2, 2013 |archive-date=June 12, 2018 |archive-url=https://web.archive.org/web/20180612141708/http://www.hotrod.com/articles/ccrp-1304-horsepower-ford-indy-v8/ |url-status=live }}</ref><ref>{{cite web |title=Graham Hill's 'American Red Ball Spl' Lola T90 Ford: Indy Winner 1966... |url=https://primotipo.com/tag/ford-indy-racing-quad-cam-v8/ |website=Primotipo |access-date=June 6, 2018 |date=June 12, 2015 |archive-date=June 12, 2018 |archive-url=https://web.archive.org/web/20180612140720/https://primotipo.com/tag/ford-indy-racing-quad-cam-v8/ |url-status=live }}</ref> Ford motors, including the Ford-sponsored [[Cosworth DFV#DFX|DFX engine]] developed by [[Cosworth]], have won the [[Indianapolis 500]] eighteen times.<ref>{{Cite web|last=Horrow|first=Ellen J.|date=May 28, 2017|title=Year-by-Year Indianapolis 500 Winners Since 1911|url=http://sports.usatoday.com/2017/05/28/indycar-indianapolis-500-winners-year-by-year/|work=[[USA Today]]|access-date=June 6, 2018|archive-url=https://web.archive.org/web/20170831080022/http://sports.usatoday.com/2017/05/28/indycar-indianapolis-500-winners-year-by-year/|archive-date=August 31, 2017}}</ref> On May 12, 1996, [[Arie Luyendyk]], while driving an IndyCar powered by a Ford Cosworth XB engine, broke the [[Indianapolis 500 records]] for fastest qualification lap ({{cvt|237.498|mph|disp=semicolon}}) and fastest qualification four-lap average ({{cvt|236.986|mph|disp=semicolon}}).<ref>{{Cite web|last=Glick|first=Shav|date=May 13, 1996|title=Luyendyk Roars at Indianapolis|url=https://www.latimes.com/archives/la-xpm-1996-05-13-sp-3623-story.html|work=[[Los Angeles Times]]|access-date=June 6, 2018|url-status=live|archive-url=https://web.archive.org/web/20151017182910/http://articles.latimes.com/1996-05-13/sports/sp-3623_1_arie-luyendyk|archive-date=October 17, 2015}}</ref><ref>{{Cite web|date=April 30, 2002|title=IRL: Indy 500: Track Notes|url=https://www.motorsport.com/indycar/news/irl-indy-500-track-notes/|work=[[Motorsport.com]]|access-date=June 6, 2018|archive-url=https://web.archive.org/web/20180606153313/https://www.motorsport.com/indycar/news/irl-indy-500-track-notes/|archive-date=June 6, 2018}}</ref> These speed records still stand {{as of|2022|lc=y}}.<ref>{{Cite web|title=Indianapolis 500 Qualifying Records|url=https://www.indianapolismotorspeedway.com/events/indy500/history/historical-stats/race-stats/records/track-records-qualifications|publisher=[[Indianapolis Motor Speedway|Indianapolis Motor Speedway, LLC]]|access-date=June 6, 2018|archive-url=https://web.archive.org/web/20180606153818/https://www.indianapolismotorspeedway.com/events/indy500/history/historical-stats/race-stats/records/track-records-qualifications|archive-date=June 6, 2018}}</ref> |
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====Formula Ford==== |
====Formula Ford==== |
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====Formula One==== |
====Formula One==== |
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{{Main|Cosworth|Red Bull Ford Powertrains}} |
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Ford was heavily involved in [[Formula One]] for many years and supplied engines to a large number of teams from 1967 until 2004. These engines were designed and manufactured by [[Cosworth]], the racing division that was owned by Ford from 1998 to 2004. Ford-badged engines won 176 Grands Prix between 1967 and 2003 for teams such as [[Team Lotus]] and [[McLaren]]. Ford entered Formula One as a constructor in 2000 under the [[Jaguar Racing]] name, after buying the [[Stewart Grand Prix]] team which had been its primary 'works' team in the series since 1997. Jaguar achieved little success in Formula One, and after a turbulent five seasons, Ford withdrew from the category after the [[2004 Formula One season|2004 season]], selling both Jaguar Racing (which became [[Red Bull Racing]]) and Cosworth (to [[Gerald Forsythe]] and [[Kevin Kalkhoven]]).<ref>{{cite news | last = Moffitt | first = Alastair | title = Red Bull give Jaguar F1 wings | publisher = Red Bull give Jaguar F1 wings | date=November 15, 2004 | url = http://sport.independent.co.uk/motor_racing/article20376.ece | location = London | deadurl = yes | archiveurl = https://web.archive.org/web/20070527004144/http://sport.independent.co.uk/motor_racing/article20376.ece | archivedate=May 27, 2007 | df = mdy-all }}</ref> |
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Ford was heavily involved in [[Formula One]] for many years and supplied engines to a large number of teams from 1967 until 2004. These engines were designed and manufactured by [[Cosworth]], the racing division that was owned by Ford from 1998 to 2004. Ford-badged engines won 176 Grands Prix between 1967 and 2003 for teams such as [[Team Lotus]] and [[McLaren]]. Ford entered Formula One as a constructor in 2000 under the [[Jaguar Racing]] name, after buying the [[Stewart Grand Prix]] team which had been its primary 'works' team in the series since 1997. Jaguar achieved little success in Formula One, and after a turbulent five seasons, Ford withdrew from the category after the [[2004 Formula One season|2004 season]], selling both Jaguar Racing (which became [[Red Bull Racing]]) and Cosworth (to [[Gerald Forsythe]] and [[Kevin Kalkhoven]]).<ref>{{cite news | last = Moffitt | first = Alastair | title = Red Bull give Jaguar F1 wings | publisher = Red Bull give Jaguar F1 wings | date=November 15, 2004 | url = http://sport.independent.co.uk/motor_racing/article20376.ece | location = London | url-status=dead | archive-url = https://web.archive.org/web/20070527004144/http://sport.independent.co.uk/motor_racing/article20376.ece | archive-date=May 27, 2007 | df = mdy-all }}</ref> |
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Ford has announced that it will return to Formula One in 2026 following a partnership with [[Red Bull Powertrains]], supplying power units to Red Bull Racing and their second team [[RB Formula One Team|RB]].<ref>{{Cite web |date=February 3, 2023 |title=Ford announces F1 return in 2026 with Red Bull |url=https://www.espn.com/f1/story/_/id/35581477/ford-announces-return-formula-one-2026-red-bull |access-date=February 3, 2023 |website=ESPN.com |language=en}}</ref> |
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===Stock car racing=== |
===Stock car racing=== |
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[[File:Blaney Heads Off For Practice..jpg|thumb|[[Ryan Blaney]] driving the |
[[File:Blaney Heads Off For Practice..jpg|thumb|[[Ryan Blaney]] driving the No. 21 Wood Brothers Ford in 2016 at [[Michigan International Speedway]]]] |
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Ford is one of three manufacturers in [[NASCAR]]'s three major series: [[Monster Energy NASCAR Cup Series]], [[Xfinity Series]], and [[Camping World Truck Series]]. Major teams include [[Roush Fenway Racing]], [[Team Penske]], [[Stewart-Haas Racing]], and [[Wood Brothers Racing]]. Ford is represented by the [[Ford Mustang|Mustang]] in the Monster Energy Cup Series, and the Xfinity Series and by the [[F-150]] in the Camping World Truck Series. Some of the most successful NASCAR Fords were the aerodynamic fastback [[Ford Torino]], [[Ford Torino Talladega]], [[Mercury Cyclone Spoiler II]], and [[Mercury Montego]]s, and the aero-era [[Ford Thunderbird]]s. The Ford nameplate has won eight [[Sprint Cup Series#Manufacturer's Championship|manufacturer's championships]] in Sprint Cup while Mercury has won one. In the Sprint Cup Series, Ford earned its 1,000th victory in the [[2013 Quicken Loans 400]].<ref>{{cite web|last=Held|first=Scott|url=http://www.nascar.com/en_us/news-media/articles/2013/06/16/nascar-sprint-cup-michigan-race-recap.html|title=Biffle emerges late, lands Michigan victory|publisher=[[NASCAR]]|date=June 16, 2013|accessdate=June 16, 2013}}</ref> The Ford Fusion is also used in the [[ARCA Racing Series]]. Ford had last won a drivers' championship in the Cup Series with [[Joey Logano]] in 2018. |
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Ford is one of three manufacturers in [[NASCAR]]'s three major series: the [[NASCAR Cup Series|Cup Series]], [[NASCAR Xfinity Series|Xfinity Series]], and [[NASCAR Gander RV & Outdoors Truck Series|Truck Series]]. Major teams include [[RFK Racing]], [[Team Penske]], [[Stewart-Haas Racing]], and [[Wood Brothers Racing]]. Ford is represented by the [[Ford Mustang|Mustang GT]] in the Cup Series, and the Xfinity Series and by the [[F-150]] in the Truck Series. Some of the most successful NASCAR Fords were the aerodynamic fastback [[Ford Torino]], [[Ford Torino Talladega]], [[Mercury Cyclone Spoiler II]], and [[Mercury Montego]]s, and the aero-era [[Ford Thunderbird]]s. The Ford nameplate has won eight [[Sprint Cup Series#Manufacturers' Championship|manufacturer's championships]] in Sprint Cup while Mercury has won one. In the Sprint Cup Series, Ford earned its 1,000th victory in the [[2013 Quicken Loans 400]].<ref>{{cite web|last=Held|first=Scott|url=http://www.nascar.com/en_us/news-media/articles/2013/06/16/nascar-sprint-cup-michigan-race-recap.html|title=Biffle emerges late, lands Michigan victory|publisher=[[NASCAR]]|date=June 16, 2013|access-date=June 16, 2013|archive-date=June 20, 2013|archive-url=https://web.archive.org/web/20130620002028/http://www.nascar.com/en_us/news-media/articles/2013/06/16/nascar-sprint-cup-michigan-race-recap.html|url-status=live}}</ref> The Ford Fusion is also used in the [[ARCA Racing Series]]. |
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===Rally=== |
===Rally=== |
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[[File:Neste Oil Rally 2010 - Jari-Matti Latvala in shakedown.jpg|thumb|[[Jari-Matti Latvala]] driving the [[Ford Focus RS WRC 09]] in 2010]] |
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{{main|Ford World Rally Team}} |
{{main|Ford World Rally Team}} |
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[[File:Neste Oil Rally 2010 - Jari-Matti Latvala in shakedown.jpg|thumb|[[Jari-Matti Latvala]] driving the [[Ford Focus RS WRC 09]] in 2010]] |
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Ford has a long history in [[rallying]] and has been active in the [[World Rally Championship]] since the beginning of the world championship, the [[1973 World Rally Championship season|1973 season]]. Ford took the [[1979 World Rally Championship season|1979]] manufacturers' title with [[Hannu Mikkola]], [[Björn Waldegård]], and [[Ari Vatanen]] driving the [[Ford Escort RS1800]]. In the [[Group B]] era, Ford achieved success with [[Ford RS200]]. Since the [[1999 World Rally Championship season|1999 season]], Ford has used various versions of the [[Ford Focus WRC]] to much success. In the [[2006 World Rally Championship season|2006 season]], [[BP-Ford World Rally Team]] secured Ford its second manufacturers' title, with the Focus RS WRC 06 built by [[M-Sport]] and driven by "[[Flying Finns]]" [[Marcus Grönholm]] and [[Mikko Hirvonen]].<ref>{{cite news | url=http://sport.independent.co.uk/motor_racing/article1998877.ece | work=The Independent | location=London | title=Rallying: Gronholm victory delivers manufacturers' title to Ford | first=Neale | last=Graham | date=November 20, 2006 | accessdate=May 2, 2010 | deadurl=yes | archiveurl=https://web.archive.org/web/20071220181830/http://sport.independent.co.uk/motor_racing/article1998877.ece | archivedate=December 20, 2007 | df=mdy-all }}</ref> Continuing with Grönholm and Hirvonen, Ford successfully defended the manufacturers' world championship in the [[2007 World Rally Championship season|2007 season]]. Ford is the only manufacturer to score in the points for 92 consecutive races; since the [[2002 World Rally Championship season|2002 season]] opener [[Monte Carlo Rally]].<ref>{{cite web|url=http://www.juwra.com/stats_make_points_finish_streaks.html |title=Statistics – Longest make points finish streaks |publisher=juwra.com |accessdate=September 30, 2010}}</ref> |
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Ford has a long history in [[rallying]] and has been active in the [[World Rally Championship]] since the beginning of the world championship, the [[1973 World Rally Championship season|1973 season]]. Ford took the [[1979 World Rally Championship season|1979]] manufacturers' title with [[Hannu Mikkola]], [[Björn Waldegård]], and [[Ari Vatanen]] driving the [[Ford Escort RS1800]]. In the [[Group B]] era, Ford achieved success with [[Ford RS200]]. Since the [[1999 World Rally Championship season|1999 season]], Ford has used various versions of the [[Ford Focus WRC]] to much success. In the [[2006 World Rally Championship season|2006 season]], [[BP-Ford World Rally Team]] secured Ford its second manufacturers' title, with the Focus RS WRC 06 built by [[M-Sport]] and driven by "[[Flying Finns]]" [[Marcus Grönholm]] and [[Mikko Hirvonen]].<ref>{{cite news | url=http://sport.independent.co.uk/motor_racing/article1998877.ece | work=The Independent | location=London | title=Rallying: Gronholm victory delivers manufacturers' title to Ford | first=Neale | last=Graham | date=November 20, 2006 | access-date=May 2, 2010 | url-status=dead | archive-url=https://web.archive.org/web/20071220181830/http://sport.independent.co.uk/motor_racing/article1998877.ece | archive-date=December 20, 2007}}</ref> Continuing with Grönholm and Hirvonen, Ford successfully defended the manufacturers' world championship in the [[2007 World Rally Championship season|2007 season]]. Ford is the only manufacturer to score in the points for 92 consecutive races; since the [[2002 World Rally Championship season|2002 season]] opener [[Monte Carlo Rally]].<ref>{{cite web |url=http://www.juwra.com/stats_make_points_finish_streaks.html |title=Statistics – Longest make points finish streaks |publisher=juwra.com |access-date=September 30, 2010 |archive-date=February 25, 2012 |archive-url=https://web.archive.org/web/20120225063600/http://www.juwra.com/stats_make_points_finish_streaks.html |url-status=live }}</ref> |
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In March 1951, the Henri Loos and Henri Berney broke the cross-Africa record of the [[Algiers-Cape Town Rally]] with a 1950 Ford V8, from Cape Town to Paris.<ref>{{cite web |url=http://www.londoncapetownrally.com/history.html |title=Africa Motoring Pioneers & Record Breakers |website=London to Cape Town Rally |access-date=2024-03-31}}</ref><ref>{{cite web |url=https://pittrivers-photo.blogspot.com/2022/11/views-of-cape-town-cataloguing-bryan.html |title=Views of Cape Town: Cataloguing Bryan Heseltine's collection of commercial and studio photographs (1948-1952) |publisher=Pitt Rivers Museum |via=Blogspot |access-date=2024-03-31}}</ref><ref>{{cite web |url=https://www.gettyimages.co.uk/detail/news-photo/loos-and-h-m-berney-at-the-arrival-of-the-1950-1951-news-photo/639619479 |title=H. Loos and H.M Berney at the arrival of the 1950-1951 Mediterranean Rally |date=May 12, 2016 |via=Getty Images |access-date=2024-03-31}}</ref> |
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===Rallycross=== |
===Rallycross=== |
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===Sports cars=== |
===Sports cars=== |
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{{main|Ford GT#Racing}} |
{{main|Ford GT#Racing}} |
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Ford sports cars have been visible in the world of sports car racing since 1964. Most notably the [[Ford |
Ford sports cars have been visible in the world of sports car racing since 1964. Most notably the [[Ford GT40]] won the [[24 Hours of Le Mans]] four times (in [[1966 24 Hours of Le Mans|1966]], [[1967 24 Hours of Le Mans|1967]], [[1968 24 Hours of Le Mans|1968]] and [[1969 24 Hours of Le Mans|1969]]) and is the only American car to ever win overall at this prestigious event. Ford also won four titles at the [[World Sportscar Championship]] with the GT40. Swiss team [[Matech Concepts|Matech GT Racing]], in collaboration with Ford Racing, opened a new chapter with the [[Ford GT]], winning the Teams title in the 2008 [[FIA GT3 European Championship]]. |
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====Ford Mustang==== |
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[[File:Barbers02.jpg|thumb|A GT racing version of the [[Ford Mustang]], competing in the [[IMSA Continental Tire Sports Car Challenge|Koni Challenge]] in 2005]] |
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{{main|Ford Mustang#Racing}} |
{{main|Ford Mustang#Racing}} |
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[[File:Barbers02.jpg|thumb|A GT racing version of the [[Ford Mustang]], competing in the [[IMSA Continental Tire Sports Car Challenge|Koni Challenge]] in 2005]] |
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The [[Ford Mustang]] has arguably been Ford's most successful sports car. [[Jerry Titus]] won the 1965 SCCA Pro B National Championship with a Mustang and the model went on to earn Ford the SCCA [[Trans-Am Series|Trans-Am Championship]] title in both 1966 and 1967. Ford won the Trans-Am Championship again in 1970 with [[Parnelli Jones]] and [[George Follmer]] driving [[Boss 302 Mustang]]s for [[Bud Moore Engineering]]. Ford took the 1985 and 1986 [[IMSA GT Championship|IMSA GTO Championship]] with Mustangs driven by [[John Jones (racing driver)|John Jones]] and [[Scott Pruett]] before returning to Trans-Am glory with a championship in 1989 with [[Dorsey Schroeder]]. Ford dominated Trans-Am in the 1990s with [[Tommy Kendall]] winning championships in 1993, 1995, 1996, and 1997 with [[Paul Gentilozzi]] adding yet another title in 1999. In 2005 the Ford Mustang FR500C took the championship in the Rolex [[IMSA Continental Tire Sports Car Challenge|Koni Challenge]] Series in its first year on the circuit. In 2007, Ford added a victory in the GT4 European Championship. 2008 was the first year of the Mustang Challenge for the Miller Cup, a series which pits a full field of identical factory-built Ford Mustang race cars against each other. Also, in 2008, Ford won the manufacturers championship in the [[IMSA Continental Tire Sports Car Challenge|Koni Challenge]] Series and HyperSport drivers Joe Foster and Steve Maxwell won the drivers title in a Mustang GT. |
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The [[Ford Mustang]] has arguably been Ford's most successful sports car. [[Jerry Titus]] won the 1965 SCCA Pro B National Championship with a Mustang and the model went on to earn Ford the SCCA [[Trans-Am Series|Trans-Am Championship]] title in both 1966 and 1967. Ford won the Trans-Am Championship again in 1970 with [[Parnelli Jones]] and [[George Follmer]] driving [[Boss 302 Mustang]]s for [[Bud Moore Engineering]]. Ford took the 1985 and 1986 [[IMSA GT Championship|IMSA GTO Championship]] with Mustangs driven by [[John Jones (racing driver)|John Jones]] and [[Scott Pruett]] before returning to Trans-Am glory with a championship in 1989 with [[Dorsey Schroeder]]. Ford dominated Trans-Am in the 1990s with [[Tommy Kendall]] winning championships in 1993, 1995, 1996, and 1997 with [[Paul Gentilozzi]] adding yet another title in 1999. In 2005 the Ford Mustang FR500C took the championship in the Rolex [[IMSA Continental Tire Sports Car Challenge|Koni Challenge]] Series in its first year on the circuit. In 2007, Ford added a victory in the GT4 European Championship. 2008 was the first year of the Mustang Challenge for the Miller Cup, a series that pits a full field of identical factory-built Ford Mustang race cars against each other. Also, in 2008, Ford won the manufacturers championship in the [[IMSA Continental Tire Sports Car Challenge|Koni Challenge]] Series and HyperSport drivers Joe Foster and Steve Maxwell won the drivers title in a Mustang GT. |
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Ford and [[Michelin]] teamed up to provide custom-engineered tires for the [[Ford Performance]] vehicle lineup. [[Ford Performance]] director Dave Pericak said: "That confidence extends from our upcoming racing effort at Le Mans in 2016 with the all-new [[Ford GT]], to the Ford Performance vehicle lineup, including the [[Shelby GT350]] and F-150 Raptor".<ref>{{Cite web|title = Ford Performance and Michelin sign performance tire deal|url = http://www.autoblog.com/2015/11/09/ford-performance-michelin-tire-deal/|website = Autoblog| |
Ford and [[Michelin]] teamed up to provide custom-engineered tires for the [[Ford Performance]] vehicle lineup. [[Ford Performance]] director Dave Pericak said: "That confidence extends from our upcoming racing effort at Le Mans in 2016 with the all-new [[Ford GT]], to the Ford Performance vehicle lineup, including the [[Shelby GT350]] and F-150 Raptor".<ref>{{Cite web|title = Ford Performance and Michelin sign performance tire deal|url = http://www.autoblog.com/2015/11/09/ford-performance-michelin-tire-deal/|website = Autoblog|access-date = December 14, 2015|date = November 9, 2015|first = Noah|last = Joseph|archive-date = December 22, 2015|archive-url = https://web.archive.org/web/20151222162220/http://www.autoblog.com/2015/11/09/ford-performance-michelin-tire-deal/|url-status = live}}</ref> |
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===Touring cars=== |
===Touring cars=== |
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[[File:Winterbottom2008.jpg|right|thumb|[[Ford Performance Racing]] [[Ford Falcon (Australia)|Ford Falcon]] [[V8 Supercar]] at Eastern Creek in Australia in 2008]] |
[[File:Winterbottom2008.jpg|right|thumb|[[Ford Performance Racing]] [[Ford Falcon (Australia)|Ford Falcon]] [[V8 Supercar]] at Eastern Creek in Australia in 2008]] |
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Ford has campaigned touring cars such as the [[Ford Focus (international)|Focus]], [[Ford Falcon (Australia)|Falcon]], and [[Ford Contour|Contour]]/[[Ford Mondeo|Mondeo]] and the [[Ford Sierra|Sierra]] [[Cosworth]] in many different series throughout the years. Notably, Mondeo drivers finished 1,2,3 in the 2000 [[British Touring Car Championship]] and Falcon drivers placed 1,2,3 in the [[2005 V8 Supercar Championship Series]]. |
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Ford has campaigned touring cars such as the [[Ford Mustang|Mustang]], [[Ford Focus (international)|Focus]], [[Ford Falcon (Australia)|Falcon]], and [[Ford Contour|Contour]]/[[Ford Mondeo|Mondeo]] and the [[Ford Sierra|Sierra]] [[Cosworth]] in many different series throughout the years. Notably, Mondeo drivers finished 1, 2, and 3 in the 2000 [[British Touring Car Championship]] and Falcon drivers placed 1, 2, and 3 in the [[2005 V8 Supercar Championship Series]]. |
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===Drag racing=== |
===Drag racing=== |
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In [[drag racing]], [[John Force Racing]] drivers [[John Force]], [[Tony Pedregon]], and [[Robert Hight]] have piloted [[Ford Mustang]] [[Funny Car]]s to several [[National Hot Rod Association|NHRA]] titles in recent seasons. Teammates [[Tim Wilkerson]] and |
In [[drag racing]], [[John Force Racing]] drivers [[John Force]], [[Tony Pedregon]], and [[Robert Hight]] have piloted [[Ford Mustang]] [[Funny Car]]s to several [[National Hot Rod Association|NHRA]] titles in recent seasons. Teammates [[Tim Wilkerson]] and Bob Tasca III also drive Mustangs in Funny Car. |
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===Drifting=== |
===Drifting=== |
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===Compressed natural gas=== |
===Compressed natural gas=== |
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The [[alternative fossil fuel]] vehicles, such as some versions of the [[Crown Victoria]] especially in fleet and taxi service, operate on [[compressed natural gas]]—or CNG. Some CNG vehicles have dual fuel |
The [[alternative fossil fuel]] vehicles, such as some versions of the [[Crown Victoria]] especially in fleet and taxi service, operate on [[compressed natural gas]]—or CNG. Some CNG vehicles have dual fuel tanks—one for gasoline, the other for CNG—the same engine can operate on either fuel via a selector switch. |
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===Flexible fuel vehicles=== |
===Flexible fuel vehicles=== |
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[[File:Ford Focus Flexifuel in Madrid with flexifuel badging.jpg|thumb|The Ford Focus Flexifuel was the first [[Common ethanol fuel mixtures#E85|E85]] [[flexible fuel vehicle]] commercially available in the European market.]] |
[[File:Ford Focus Flexifuel in Madrid with flexifuel badging.jpg|thumb|The Ford Focus Flexifuel was the first [[Common ethanol fuel mixtures#E85|E85]] [[flexible fuel vehicle]] commercially available in the European market.]] |
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[[Flexible fuel vehicle]]s are designed to operate smoothly using a wide range of available [[ethanol fuel]] mixtures—from pure gasoline to [[bioethanol]]-gasoline blends such as [[E85]] (85% [[ethanol fuel|ethanol]] and 15% gasoline) or [[Common ethanol fuel mixtures|E100]] (neat [[hydrous]] ethanol) in Brazil. Part of the challenge of successful marketing alternative and flexible fuel vehicles in the U.S. is the general lack of establishment of sufficient [[fueling station]]s, which would be essential for these vehicles to be attractive to a wide range of consumers. Significant efforts to ramp up production and distribution of [[E85]] fuels are underway and expanding.<ref>{{cite web|title=Alternative Power: Michigan sets sights on ethanol to become an energy hotbed |url=http://www.freep.com/apps/pbcs.dll/article?AID=2006603290456 |deadurl=yes |archiveurl=https://web.archive.org/web/20060905080604/http://www.freep.com/apps/pbcs.dll/article?AID=2006603290456 |archivedate=September 5, 2006 }}</ref> Current Ford E100 Flex sold in the Brazilian market are the [[Ford Courier|Courier]], [[Ford EcoSport]], [[Ford Fiesta]], [[Ford Focus (international)|Ford Focus]], and [[Ford Ka]]. |
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[[Flexible fuel vehicle]]s are designed to operate smoothly using a wide range of available [[ethanol fuel]] mixtures—from pure gasoline to [[bioethanol]]-gasoline blends such as [[E85]] (85% [[ethanol fuel|ethanol]] and 15% gasoline) or [[Common ethanol fuel mixtures|E100]] (neat [[hydrous]] ethanol) in Brazil. Part of the challenge of successful marketing alternative and flexible fuel vehicles in the U.S. is the general lack of establishment of sufficient [[fueling station]]s, which would be essential for these vehicles to be attractive to a wide range of consumers. Significant efforts to ramp up production and distribution of [[E85]] fuels are underway and expanding.<ref>{{cite web|title=Alternative Power: Michigan sets sights on ethanol to become an energy hotbed |url=http://www.freep.com/apps/pbcs.dll/article?AID=2006603290456 |url-status=dead |archive-url=https://web.archive.org/web/20060905080604/http://www.freep.com/apps/pbcs.dll/article?AID=2006603290456 |archive-date=September 5, 2006 }}</ref> Current Ford E100 Flex sold in the Brazilian market are the [[Ford Courier|Courier]], [[Ford EcoSport]], [[Ford Fiesta]], [[Ford Focus (international)|Ford Focus]], and [[Ford Ka]]. |
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===Electric drive vehicles=== |
===Electric drive vehicles=== |
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{{Update|reason=this section did not include newer electric and hybrid models|section|date=January 2021}} |
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====Hybrid electric vehicles==== |
====Hybrid electric vehicles==== |
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{{see also|Hybrid electric vehicle}} |
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[[File:Ford Escape plug-in hybrid.jpg|thumb|[[Ford Escape]] [[plug-in hybrid]] test vehicle]] |
[[File:Ford Escape plug-in hybrid.jpg|thumb|[[Ford Escape]] [[plug-in hybrid]] test vehicle]] |
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[[File:George Bush visit Kansas City Assembly.jpg|thumb|Mulally ( |
[[File:George Bush visit Kansas City Assembly.jpg|thumb|[[Alan Mulally]] (wearing red tie) with then-President [[George W. Bush]] at the [[Kansas City Assembly]] plant in [[Claycomo, Missouri|Claycomo]], Missouri, on March 20, 2007, touting Ford's new hybrid cars]] |
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{{See also|Hybrid electric vehicle}} |
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In 2004, Ford and Toyota agreed a patent |
In 2004, Ford and Toyota agreed a patent-sharing accord that granted Ford access to certain hybrid technology patented by Toyota; in exchange, Ford licensed some of its own patents to Toyota.<ref>{{cite news |url=https://www.nytimes.com/2004/03/10/business/ford-to-use-toyota-s-hybrid-technology.html |title=Ford to Use Toyota's Hybrid Technology |work=The New York Times |date=March 10, 2004 |access-date=August 1, 2009 |first=Todd |last=Zaun |archive-date=February 25, 2010 |archive-url=https://web.archive.org/web/20100225140447/http://www.nytimes.com/2004/03/10/business/ford-to-use-toyota-s-hybrid-technology.html |url-status=live}}</ref><ref>{{cite news |url=https://www.wsj.com/articles/SB107880303676250060 |title=Toyota to License Hybrid Patents For Use by Ford |work=The Wall Street Journal |date=March 9, 2004 |access-date=August 1, 2009 |first=Yoshio |last=Takahashi |archive-date=November 5, 2015 |archive-url=https://web.archive.org/web/20151105225057/http://www.wsj.com/articles/SB107880303676250060 |url-status=live}}</ref><ref>{{cite news |last=Eldridge |first=Earle |url=https://www.usatoday.com/money/autos/2004-03-09-hybrid_x.htm |title=Ford borrows from Toyota's blueprints for new hybrid Escape |work=USA Today |date=March 9, 2004 |access-date=August 1, 2009 |archive-date=May 28, 2010 |archive-url=https://web.archive.org/web/20100528223045/http://www.usatoday.com/money/autos/2004-03-09-hybrid_x.htm |url-status=live}}</ref> In 2004, Ford introduced the [[Ford Escape Hybrid|Escape Hybrid]]. With this vehicle, Ford was third to the automotive market with a [[hybrid vehicle|hybrid electric vehicle]] and the first hybrid electric [[Sport utility vehicle|SUV]] to market. This was also the first hybrid electric vehicle with a [[flexible fuel]] capability to run on [[E85]].<ref>{{cite web | title = Ford Develops World's First Ethanol-Fueled Hybrid Marrying Two Gasoline-Saving Technologies | url = http://media.ford.com/article_display.cfm?article_id=22474 | url-status=dead | archive-url = https://web.archive.org/web/20060204185203/http://media.ford.com/article_display.cfm?article_id=22474 | archive-date=February 4, 2006 | df = mdy-all }}</ref> The Escape's platform mate [[Mercury Mariner]] was also available with the hybrid-electric system in the 2006 model year—a full year ahead of schedule. The similar [[Mazda Tribute]] will also receive a hybrid-electric powertrain option, along with many other vehicles in the Ford vehicle line. |
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In 2005, Ford announced a goal to make 250,000 hybrids a year by 2010, but by mid-2006 announced that it would not meet that goal, due to excessively high costs and the lack of sufficient supplies of the hybrid-electric batteries and drivetrain system components.<ref>{{cite web | last =Vanzieleghem | first =Bruno | title =Bill Ford eats his words: No 250,000 hybrids a year by 2010 | publisher=autoblog.com | date=June 29, 2006 | url =http://green.autoblog.com/2006/06/29/bill-ford-eats-his-words-no-250-000-hybrids-a-year-by-2010/ | |
In 2005, Ford announced a goal to make 250,000 hybrids a year by 2010, but by mid-2006 announced that it would not meet that goal, due to excessively high costs and the lack of sufficient supplies of the hybrid-electric batteries and drivetrain system components.<ref>{{cite web | last =Vanzieleghem | first =Bruno | title =Bill Ford eats his words: No 250,000 hybrids a year by 2010 | publisher =autoblog.com | date =June 29, 2006 | url =http://green.autoblog.com/2006/06/29/bill-ford-eats-his-words-no-250-000-hybrids-a-year-by-2010/ | access-date =August 27, 2009 | archive-date =June 9, 2012 | archive-url =https://web.archive.org/web/20120609120600/http://green.autoblog.com/2006/06/29/bill-ford-eats-his-words-no-250-000-hybrids-a-year-by-2010/ | url-status =live }}</ref> Instead, Ford has committed to accelerating development of next-generation hybrid-electric power plants in Britain, in collaboration with Volvo. This engineering study is expected to yield more than 100 new hybrid-electric vehicle models and derivatives. |
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In September 2007, Ford announced a partnership with [[Southern California Edison]] (SCE) to examine how [[plug-in hybrid]]s will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford will convert a demonstration fleet of [[Ford Escape Hybrid]]s into plug-in hybrids, and SCE will evaluate how the vehicles might interact with the home and the utility's electrical grid. Some of the vehicles will be evaluated "in typical customer settings", according to Ford.<ref name = "akhrum"/><ref name="edison"/> |
In September 2007, Ford announced a partnership with [[Southern California Edison]] (SCE) to examine how [[plug-in hybrid]]s will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford will convert a demonstration fleet of [[Ford Escape Hybrid]]s into plug-in hybrids, and SCE will evaluate how the vehicles might interact with the home and the utility's electrical grid. Some of the vehicles will be evaluated "in typical customer settings", according to Ford.<ref name = "akhrum"/><ref name="edison"/> |
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On June 12, 2008, [[USDOE]] expanded its own fleet of alternative fuel and advanced technology vehicles with the addition of a Ford Escape Plug-In Hybrid Flex-Fuel Vehicle. The vehicle is equipped with a {{convert|10|kW|adj=on}} [[lithium-ion]] battery supplied by [[Johnson Controls-Saft]] that stores enough electric energy to drive up to {{convert|30|mi}} at speeds of up to {{ |
On June 12, 2008, [[USDOE]] expanded its own fleet of alternative fuel and advanced technology vehicles with the addition of a Ford Escape Plug-In Hybrid Flex-Fuel Vehicle. The vehicle is equipped with a {{convert|10|kW|adj=on}} [[lithium-ion]] battery supplied by [[Johnson Controls-Saft]] that stores enough electric energy to drive up to {{convert|30|mi}} at speeds of up to {{cvt|40|mph}}.<ref>{{cite web |url=http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=11816 |title=EERE News: DOE to Award $30 Million for Plug-In Hybrid Electric Vehicle Demonstrations |publisher=Apps1.eere.energy.gov |date=June 12, 2008 |access-date=June 18, 2009 |archive-date=April 13, 2009 |archive-url=https://web.archive.org/web/20090413141022/http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=11816 |url-status=live }}</ref> In March 2009, Ford launched hybrid versions of the [[Ford Fusion Hybrid]] and the [[Mercury Milan Hybrid]] in the United States, both as 2010 models.<ref name=GreenCar0409>{{cite web|url=http://www.greencarcongress.com/2009/04/us-hybrid-sales-in-march-2009-down-44-yearonyear-monthly-new-vehicle-market-share-of-25.html#more|title=US Hybrid Sales in March 2009 Down 44% Year-on-Year; Monthly New Vehicle Market Share of 2.5%|publisher=[[Green Car Congress]]|date=April 3, 2009|access-date=June 6, 2009|archive-date=April 8, 2009|archive-url=https://web.archive.org/web/20090408150404/http://www.greencarcongress.com/2009/04/us-hybrid-sales-in-march-2009-down-44-yearonyear-monthly-new-vehicle-market-share-of-25.html#more|url-status=live}}</ref> |
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{{As of|2014|11}}, Ford has produced for retail sales the following hybrid electric vehicles: [[Ford Escape Hybrid]] (2004–2012), [[Mercury Mariner#Hybrid|Mercury Mariner Hybrid]] (2005–2010), [[Mercury Milan Hybrid]] (2009–2010), [[Ford Fusion Hybrid]] (2009–present), [[Lincoln MKZ Hybrid]] (2010–present), [[Ford C-Max Hybrid]] (2012–present), and [[Ford Mondeo Hybrid]] (2014–present). By June 2012, Ford had sold 200,000 full hybrids in the |
{{As of|2014|11}}, Ford has produced for retail sales the following hybrid electric vehicles: [[Ford Escape Hybrid]] (2004–2012), [[Mercury Mariner#Hybrid|Mercury Mariner Hybrid]] (2005–2010), [[Mercury Milan Hybrid]] (2009–2010), [[Ford Fusion Hybrid]] (2009–present), [[Lincoln MKZ Hybrid]] (2010–present), [[Ford C-Max Hybrid]] (2012–present), and [[Ford Mondeo Hybrid]] (2014–present). By June 2012, Ford had sold 200,000 full hybrids in the U.S. since 2004,<ref name=Ford200K>{{cite web|url=http://www.businessgreen.com/bg/news/2186508/ford-tips-hybrids-overshadow-electric-cars|title=Ford tips hybrids to overshadow electric cars|first=Will|last=Nichols|publisher=Business Green|date=June 25, 2012|access-date=October 16, 2012|archive-date=September 2, 2012|archive-url=https://web.archive.org/web/20120902141104/http://www.businessgreen.com/bg/news/2186508/ford-tips-hybrids-overshadow-electric-cars|url-status=live}} ''By June 2012 Ford had sold 200,000 full hybrids in the U.S. since 2004.''</ref> and, {{as of|2014|09|lc=y}}, the carmaker has sold over 344,000 hybrids in the United States.<ref name=Ford200K/><ref name=Sales2012US>{{cite web|url=http://www.hybridcars.com/december-2012-dashboard|title=December 2012 Dashboard|first=Jeff|last=Cobb|publisher=HybridCars.com and Baum & Associates|date=January 8, 2013|access-date=February 9, 2013|archive-date=January 16, 2013|archive-url=https://web.archive.org/web/20130116130403/http://www.hybridcars.com/december-2012-dashboard|url-status=live}} ''See the section: December 2012 Plug-in Electric Car Sales Numbers''</ref><ref name=Sales2013US>{{cite web|url=http://www.hybridcars.com/december-2013-dashboard/|title=December 2013 Dashboard|first=Jeff|last=Cobb|publisher=HybridCars.com and Baum & Associates|date=January 6, 2014|access-date=January 7, 2014|archive-date=January 7, 2014|archive-url=https://web.archive.org/web/20140107002250/http://www.hybridcars.com/december-2013-dashboard/|url-status=live}}</ref><ref name=Sales092014US>{{cite news|url=http://www.hybridcars.com/september-2014-dashboard/|title=September 2014 Dashboard|first=Jeff|last=Cobb|work=HybridCars.com and Baum & Associates|date=October 2, 2014|access-date=October 5, 2014|archive-date=October 4, 2014|archive-url=https://web.archive.org/web/20141004095841/http://www.hybridcars.com/september-2014-dashboard/|url-status=live}}</ref> The top selling hybrids in the U.S. market are the Fusion Hybrid with 127,572 units, followed by Escape Hybrid with 117,997 units, and the C-Max Hybrid with 54,236.<ref name=Sales2012US/><ref name=Sales2013US/><ref name=Sales092014US/><ref name=Sales2011US>{{cite web|url=http://www.hybridcars.com/news/december-2011-dashboard-sales-still-climbing-35093.html|title=December 2011 Dashboard: Sales Still Climbing|publisher=HybridCARS.com|date=January 9, 2012|access-date=January 10, 2012|url-status=dead|archive-url=https://web.archive.org/web/20120112045119/http://www.hybridcars.com/news/december-2011-dashboard-sales-still-climbing-35093.html|archive-date=January 12, 2012}}</ref><ref name=DoEHEV10>{{cite web|url=http://www.afdc.energy.gov/afdc/data/vehicles.html|title=Alternative Fuel Vehicles (AFVs) and Hybrid Electric Vehicles (HEVs): Trend of sales by HEV models from 1999–2010|publisher=Alternative Fuels and Advanced Vehicle Data Center (U.S. DoE)|access-date=March 5, 2011|archive-date=December 5, 2012|archive-url=https://archive.today/20121205035937/http://www.afdc.energy.gov/data/tab/vehicles|url-status=dead}} ''Click and open the Excel file for sales detail by year for each model – Sales 1999–2010''</ref> {{As of|2014|11}}, Ford is the world's second-largest manufacturer of hybrids after [[Toyota Motor Corporation]], with 400,000 hybrid electric vehicles produced since their introduction in 2004.<ref>{{cite web|url=http://www.hybridcars.com/ford-mondeo-hybrid-now-in-eu-production/|title=Ford Mondeo Hybrid Now In EU Production|first=Philippe|last=Crowe|publisher=HybridCars.com|date=November 28, 2014|access-date=November 30, 2014|archive-date=December 5, 2014|archive-url=https://web.archive.org/web/20141205010046/http://www.hybridcars.com/ford-mondeo-hybrid-now-in-eu-production/|url-status=live}}</ref> |
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====Plug-in electric vehicles==== |
====Plug-in electric vehicles==== |
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{{See also|Plug-in electric vehicle}} |
{{See also|Plug-in electric vehicle}} |
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{{As of|2024|4}}, Ford currently produces the following [[plug-in electric vehicle]]s: the [[Ford Escape#Fourth generation (2020)|Ford Escape]]/[[Ford Kuga#Third generation (CX482; 2019)|Kuga PHEV]], [[Ford Ranger (T6)#P703|Ford Ranger PHEV]], [[Ford Mustang Mach-E]], [[Ford F-150 Lightning]], [[Ford Explorer EV]] (Europe), [[Ford Transit Courier|Ford E-Transit/Tourneo Courier]], [[Ford E-Transit Custom]] and the [[Ford E-Transit]]. |
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{{As of|2014|10}}, Ford has produced the following [[plug-in electric vehicle]]s: the all-electric [[Ford Ranger EV]] (1997–2002), [[Ford TH!NK]] (1999–2003), [[Azure Transit Connect Electric|Transit Connect]] (2010–2012), and [[Ford Focus Electric]] (December 2011–present); and the [[plug-in hybrid]]s [[Ford C-Max Energi|C-MAX Energi]] (October 2012–present) and the [[Ford Fusion Energi|Fusion Energi]] (February 2013–present), sold under the Mondeo nameplate in Europe.<ref name=autoblog>{{cite web|url=http://www.autoblog.com/2009/03/05/ford-ceo-mullaly-expects-major-portion-of-fords-will-be-electr/|title=Ford CEO Mullaly expects "major portion" of Fords will be electric within a decade|accessdate=September 30, 2010|work=autoblog.com}}</ref><ref name="energy1">{{cite web|url=http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=12178 |title=EERE News: Chrysler, Ford, and Other Automakers Pursue Electric Vehicles |publisher=Apps1.eere.energy.gov |date=January 14, 2009 |accessdate=June 18, 2009}}</ref> Since the launch of the Focus Electric in 2011, combined sales of all Ford [[plug-in electric vehicle|plug-in electric models]] amounted to just over 56,000 through October 2015.<ref>{{cite news|url=https://www.forbes.com/sites/samabuelsamid/2015/11/11/ford-on-pace-to-sell-1-million-ecoboost-engines-in-u-s-in-2015/|title=Ford On Pace To Sell 1 Million EcoBoost Engines In U.S. In 2015|author=Sam Abuelsamid |work=[[Forbes]]|date=November 11, 2015|accessdate=November 20, 2015}}</ref> |
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[[File:Transit Connect EV EDTA DC 04 2011 1806.jpg|thumb|The [[Azure Transit Connect Electric]] was produced between 2010 and 2012 as a collaboration between [[Azure Dynamics]] and Ford Motor Company.]] |
[[File:Transit Connect EV EDTA DC 04 2011 1806.jpg|thumb|The [[Azure Transit Connect Electric]] was produced between 2010 and 2012 as a collaboration between [[Azure Dynamics]] and Ford Motor Company.]] |
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Bill Ford was one of the first top industry executives to make regular use of a [[battery electric vehicle]], a [[Ford Ranger EV]], while the company contracted with the [[United States Postal Service]] to deliver electric postal vans based on the Ranger EV platform. Ford discontinued a line of electric [[Ford Ranger|Ranger]] [[pickup truck]]s and ordered them destroyed, though it reversed in January 2005, after environmentalist protest.<ref>{{cite web|last=Lydersen |first=Kari |url=http://newstandardnews.net/content/index.cfm/items/2534 |title=Activists Deride Ford over Fuel Inefficiency, ?Greenwashing? – The NewStandard |publisher=Newstandardnews.net |accessdate=September 30, 2010}}</ref> The all-electric pickup truck leased 205 units to individuals and 1,500 units to fleets in the U.S. from 1998 to 2002.<ref name=Rand02>{{cite book|url=https://www.rand.org/pubs/monograph_reports/2007/MR1578.pdf|title=Driving Emissions to Zero: Are the Benefits of California's Zero Emission Vehicle Program Worth the Costs?|publisher=[[Rand Corporation]]|last=Dixon|first= Lloyd|author2=Isaac Porche |author3=Jonathan Kulick |year=2002|accessdate=April 4, 2010|ISBN=0-8330-3212-7}} ''See Appendix E: Table E.1, pp. 124''</ref><ref name=Boschert06>{{Cite book | last = [[Sherry Boschert]] | title = Plug-in Hybrids: The Cars that will Recharge America | year = 2006 | pages=| publisher = New Society Publishers, Gabriola Island, Canada| isbn = 978-0-86571-571-4}}</ref> |
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Bill Ford was one of the first top industry executives to make regular use of a [[battery electric vehicle]], a [[Ford Ranger EV]], while the company contracted with the [[United States Postal Service]] to deliver electric postal vans based on the Ranger EV platform. Ford discontinued a line of electric [[Ford Ranger|Ranger]] [[pickup truck]]s and ordered them destroyed, though it reversed in January 2005, after environmentalist protest.<ref>{{cite web |last=Lydersen |first=Kari |url=http://newstandardnews.net/content/index.cfm/items/2534 |title=Activists Deride Ford over Fuel Inefficiency, ?Greenwashing? – The NewStandard |publisher=Newstandardnews.net |access-date=September 30, 2010 |archive-date=September 26, 2011 |archive-url=https://web.archive.org/web/20110926220136/http://newstandardnews.net/content/index.cfm/items/2534 |url-status=live }}</ref> The all-electric pickup truck leased 205 units to individuals and 1,500 units to fleets in the U.S. from 1998 to 2002.<ref name=Rand02>{{cite book|url=https://www.rand.org/pubs/monograph_reports/2007/MR1578.pdf|title=Driving Emissions to Zero: Are the Benefits of California's Zero Emission Vehicle Program Worth the Costs?|publisher=[[Rand Corporation]]|last1=Dixon|first1=Lloyd|first2=Isaac|last2=Porche|first3=Jonathan|last3=Kulick|year=2002|access-date=April 4, 2010|isbn=0-8330-3212-7|archive-date=October 6, 2012|archive-url=https://web.archive.org/web/20121006002350/http://www.rand.org/pubs/monograph_reports/2007/MR1578.pdf|url-status=live}} ''See Appendix E: Table E.1, pp. 124''</ref><ref name=Boschert06>{{cite book |last=Boschert |first=Sherry |author-link=Sherry Boschert |title=Plug-in Hybrids: The Cars that will Recharge America |url=https://archive.org/details/pluginhybridscar00bosc |url-access=registration |publisher=New Society Publishers |location=Gabriola Island, Canada |year=2006 |isbn=978-0-86571-571-4}}</ref> |
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From 2009 to 2011, Ford offered the [[Ford TH!NK]] car. Ford ended production and ordered all the cars repossessed and destroyed, even as many of the people leasing them begged to be able to buy the cars from Ford. After outcry from the lessees and activists in the US and Norway, Ford returned the cars to Norway for sale.<ref>{{Cite news |url=http://www.greenpeace.org/international/news/th-nk-again-ford-does-a-u-tur |title=TH!NK Again: Ford Does a U-Turn |publisher=Greenpeace |date=September 17, 2004 |accessdate=June 18, 2006 |archiveurl=https://web.archive.org/web/20060609043839/http://www.greenpeace.org/international/news/th-nk-again-ford-does-a-u-tur <!-- Bot retrieved archive --> |archivedate=June 9, 2006}}</ref> 440 units were leased in the U.S. from 1999 until 2003.<ref name=Boschert06/> |
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From 2009 to 2011, Ford offered the [[Ford TH!NK]] car. Ford ended production and ordered all the cars repossessed and destroyed, even as many of the people leasing them begged to be able to buy the cars from Ford. After an outcry from the lessees and activists in the U.S. and Norway, Ford returned the cars to Norway for sale.<ref>{{cite news |title=TH!NK Again: Ford Does a U-Turn |url=http://www.greenpeace.org/international/news/th-nk-again-ford-does-a-u-tur |publisher=Greenpeace |date=September 17, 2004 |access-date=June 18, 2006 |archive-url=https://web.archive.org/web/20060609043839/http://www.greenpeace.org/international/news/th-nk-again-ford-does-a-u-tur <!-- Bot retrieved archive --> |archive-date=June 9, 2006}}</ref> Four hundred and forty units were leased in the U.S. from 1999 until 2003.<ref name=Boschert06/> |
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In 2017, CEO of Ford [[Mark Fields (businessman)|Mark Fields]] announced that the company will invest $4.5 billion in further development of plug-in electric vehicles by 2020.<ref>{{cite web|url=https://evonews.com/life/autos/2017/jan/15/2017-a-critical-year-for-auto-industry-china-europe-drive-shift-to-electric-cars-as-u-s-lags/|title=China, Europe drive shift to electric cars - EvoNews|date=January 15, 2017|publisher=}}</ref> |
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In 2017, Ford CEO Mark Fields announced that the company would invest $4.5 billion in further development of plug-in electric vehicles by 2020.<ref>{{cite web|url=https://evonews.com/life/autos/2017/jan/15/2017-a-critical-year-for-auto-industry-china-europe-drive-shift-to-electric-cars-as-u-s-lags/|title=China, Europe drive shift to electric cars - EvoNews|date=January 15, 2017|access-date=January 25, 2017|archive-url=https://web.archive.org/web/20170202030623/https://evonews.com/life/autos/2017/jan/15/2017-a-critical-year-for-auto-industry-china-europe-drive-shift-to-electric-cars-as-u-s-lags/|archive-date=February 2, 2017|url-status=dead}}</ref> |
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The [[Azure Transit Connect Electric]] was an [[electric vehicle|all-electric]] [[van]] developed as a collaboration between [[Azure Dynamics]] and Ford Motor Company, but Azure was the official manufacturer of record.<ref name=WSJ0910>{{cite news|url=https://blogs.wsj.com/drivers-seat/2010/09/24/ford-switches-role-with-new-electric-van/|title=Ford Works with Manufacturer for New Electric Van|author=Matthew Dolan |work=[[The Wall Street Journal]]|date=September 24, 2010|accessdate=November 1, 2011}}</ref> The Transit Connect Electric had an official [[US Environmental Protection Agency]] all-electric range of {{convert|56|mi|abbr=on}}.<ref name=EPATransitEV/> The EPA rated the combined city/highway [[fuel economy in automobiles|fuel economy]] at 62 [[miles per gallon gasoline equivalent]] ({{convert|62|mpgus|L/100km|abbr=on|disp=out|1}} equivalent).<ref name=EPATransitEV>{{cite web|url=http://www.fueleconomy.gov/feg/Find.do?action=sbs&id=31893|title=Compare side-by-sidy: 2012 Azure Dynamics Transit Connect Electric Van|author=EPA|publisher=[[US Environmental Protection Agency]] |accessdate=October 5, 2014}}</ref> Deliveries for fleet customers in the U.S. and Canada began in December 2010.<ref name=NYT1207>{{cite news|url=https://www.nytimes.com/2010/12/08/business/08electric.html|title=Ford Starts to Ship an Electric Delivery Van|work=[[New York Times]]|author=Nick Bunkley|date=December 7, 2010|accessdate=December 10, 2010}}</ref> Production of the electric van was stopped in March 2012 as a result of Azure's bankruptcy protection filing. Ford continues to provide servicing.<ref>{{cite web|url=http://green.autoblog.com/2012/03/28/azure-halts-ford-transit-connect-electric-production-ford-still/|title=Azure halts Ford Transit Connect Electric production, Ford still confident in EV program |author=Sebastian Blanco|publisher=Autoblog Green |date=March 28, 2012|accessdate=March 28, 2012}}</ref> Around 500 units were sold before Azure stopped production.<ref>{{cite web|url=http://www.greencarreports.com/news/1079897_nissan-e-nv200-driving-nissans-prototype-electric-minivan|title=Nissan e-NV200: Driving Nissan's Prototype Electric Minivan |author=John Voelcker|publisher=Green Car Reports|date=October 17, 2012 |accessdate=October 19, 2012}}</ref> |
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The 2010–2012 [[Azure Transit Connect Electric]] is an [[electric vehicle|all-electric]] [[van]] that was developed as a collaboration between [[Azure Dynamics]] and Ford Motor Company, but Azure was the official manufacturer of record.<ref name=WSJ0910>{{cite news|url=https://blogs.wsj.com/drivers-seat/2010/09/24/ford-switches-role-with-new-electric-van/|title=Ford Works with Manufacturer for New Electric Van|first=Matthew|last=Dolan|work=[[The Wall Street Journal]]|date=September 24, 2010|access-date=November 1, 2011|archive-date=November 25, 2010|archive-url=https://web.archive.org/web/20101125050751/http://blogs.wsj.com/drivers-seat/2010/09/24/ford-switches-role-with-new-electric-van/|url-status=live}}</ref> |
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[[File:Ford Fusion Energi SEL with badge WAS 2012 0583.jpg|thumb|The [[Ford Fusion Energi]] [[plug-in hybrid]] shares its powertrain with the [[Ford C-Max Energi]].]] |
[[File:Ford Fusion Energi SEL with badge WAS 2012 0583.jpg|thumb|The [[Ford Fusion Energi]] [[plug-in hybrid]] shares its powertrain with the [[Ford C-Max Energi]].]] |
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The [[Ford Focus Electric]] is based on the |
The 2011–2018 [[Ford Focus Electric]] is based on the third-generation [[Ford Focus (North America)|Focus]] internal combustion vehicle, converted to an [[battery electric vehicle|all-electric]] propulsion system as a production [[electric car]] by [[Magna International]], and retail sales began in the U.S. in December 2011.<ref>{{cite news|url=https://www.theglobeandmail.com/servlet/story/LAC.20090112.RAUTOMAGNA12/TPStory/TPBusiness/?page=rss&id=GAM.20090112.RAUTOMAGNA12 |archive-url=https://web.archive.org/web/20130925180428/http://www.theglobeandmail.com/servlet/story/LAC.20090112.RAUTOMAGNA12/TPStory/TPBusiness/?page=rss&id=GAM.20090112.RAUTOMAGNA12 |archive-date=September 25, 2013 |title=This page is available to GlobePlus subscribers |work=The Globe and Mail |location=Toronto |access-date=June 18, 2009 |url-status=dead}}</ref><ref>{{cite web |url=http://www.motorauthority.com/report-magna-international-may-build-fords-electric-car.html |title=More details emerge on Ford's upcoming electric compact – MotorAuthority – Car news, reviews, spy shots |publisher=Motor Authority |access-date=June 18, 2009 |archive-url=https://web.archive.org/web/20090626004245/http://www.motorauthority.com/report-magna-international-may-build-fords-electric-car.html |archive-date=June 26, 2009 |url-status=dead }}</ref> |
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The 2012–2017 [[Ford C-Max Energi]] is a [[plug-in hybrid]] released in the U.S. in October 2012.<ref name="Energi2013_14">{{cite web |date=June 12, 2014 |title=Compare Side-by-Side – 2013/14 Ford C-Max Plug-in Hybrid and 2013/14 Ford Fusion Plug-in Hybrid |url=http://www.fueleconomy.gov/feg/Find.do?action=sbs&id=34662&id=34089&id=33398&id=33336&#tab1 |url-status=live |archive-url=https://web.archive.org/web/20140714125840/http://www.fueleconomy.gov/feg/Find.do?action=sbs&id=34662&id=34089&id=33398&id=33336&#tab1 |archive-date=July 14, 2014 |access-date=June 12, 2014 |website=Fueleconomy.gov |publisher=[[U.S. Environmental Protection Agency]] and [[U.S. Department of Energy]]}}</ref> It is followed by the [[Ford Fusion Energi]] that was produced in 2013–2020.<ref name="EnergiDelivery01">{{cite news |url=http://pricinginsider.carsdirect.com/2013/02/27/2013-ford-fusion-energi-fuel-economy-pricing-and-release-date/ |title=2013 Ford Fusion Energi: Fuel Economy, Pricing and Release Date |first=Jesse |last=Sears |publisher=Cars Direct |date=February 27, 2013 |access-date=March 3, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130305135302/http://pricinginsider.carsdirect.com/2013/02/27/2013-ford-fusion-energi-fuel-economy-pricing-and-release-date/ |archive-date=March 5, 2013 }}</ref><ref name="EnergiDelivery02">{{cite news |url=https://insideevs.com/february-2013-plug-in-electric-vehicle-sales-report-card/ |title=February 2013 Plug-In Electric Vehicle Sales Report Card |first=Jay |last=Cole |publisher=Inside EVs |date=March 3, 2013 |access-date=March 4, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130304012451/http://insideevs.com/february-2013-plug-in-electric-vehicle-sales-report-card/ |archive-date=March 4, 2013 }}</ref> Both Energi models share the same powertrain technology.<ref name="Energi2013_14" /> |
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The [[Ford C-Max Energi]] is a [[plug-in hybrid]] released in the U.S. in October 2012. The C-Max Energi has an EPA rated [[all-electric range]] of {{Convert|20|mi|abbr=on}} and a combined city/highway fuel economy in [[all-electric mode]] at 88 [[miles per gallon of gasoline equivalent|MPG-e]] ({{convert|88|mpgus|L/100 km|abbr=on|disp=out|1}}).<ref name=Energi2013_14/> U.S. sales totaled 33,509 units |
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through December 2016.<ref name=Sales2012US/><ref name=Sales2013US/><ref name=Sales2014US/><ref name=Sales2015US/><ref name=Sales2016US/> Deliveries of the [[Ford Fusion Energi]] began in the United States in February 2013.<ref name=EnergiDelivery01>{{cite news |url=http://pricinginsider.carsdirect.com/2013/02/27/2013-ford-fusion-energi-fuel-economy-pricing-and-release-date/ |title=2013 Ford Fusion Energi: Fuel Economy, Pricing and Release Date |author=Jesse Sears |publisher=Cars Direc |date=February 27, 2013 |accessdate=March 3, 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20130305135302/http://pricinginsider.carsdirect.com/2013/02/27/2013-ford-fusion-energi-fuel-economy-pricing-and-release-date/ |archivedate=March 5, 2013 }}</ref><ref name=EnergiDelivery02>{{cite news |url=https://insideevs.com/february-2013-plug-in-electric-vehicle-sales-report-card/ |title=February 2013 Plug-In Electric Vehicle Sales Report Card |author=Jay Cole |publisher=Inside EVs |date=March 3, 2013 |accessdate=March 4, 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20130304012451/http://insideevs.com/february-2013-plug-in-electric-vehicle-sales-report-card/ |archivedate=March 4, 2013 }}</ref> The Fusion Energi has an all-electric range of {{convert|20|mi|abbr=on}} and an equivalent fuel economy EPA rating of 88 MPG-e ({{convert|88|mpgus|L/100 km|abbr=on|disp=out|1}}).<ref name=Energi2013_14>{{cite web|url=http://www.fueleconomy.gov/feg/Find.do?action=sbs&id=34662&id=34089&id=33398&id=33336&#tab1|title=Compare Side-by-Side – 2013/14 Ford C-Max Plug-in Hybrid and 2013/14 Ford Fusion Plug-in Hybrid|publisher=Fueleconomy.gov|author=[[U. S. Environmental Protection Agency]] and [[U.S. Department of Energy]]|date=June 12, 2014|accessdate=June 12, 2014}}</ref> {{As of|2016|12}}, a total of 43,327 units have been delivered in the U.S. since its inception.<ref name=Sales2013US/><ref name=Sales2014US>{{cite news|url=http://www.hybridcars.com/december-2014-dashboard/|title=December 2014 Dashboard|author=Jeff Cobb|work=HybridCars.com and Baum & Associates|date=January 6, 2015 |access-date=February 7, 2015}}</ref><ref name=Sales2015US>{{cite news|url=http://www.hybridcars.com/december-2015-dashboard/|title=December 2015 Dashboard|first=Jeff |last=Cobb |work=HybridCars.com and Baum & Associates|date=January 6, 2016 |access-date=March 19, 2016}}</ref><ref name=Sales2016US>{{ cite news | url=http://www.hybridcars.com/december-2016-dashboard/ |title= December 2016 Dashboard | first= Jeff | last=Cobb | work= HybridCars.com and Baum & Associates | date=January 5, 2017 |access-date=February 20, 2017}}</ref> |
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In October 2017, Ford announced its Team Edison battery electric vehicle group to lead the company's renewed efforts into the EV market, which had plans for a small 300-mile range SUV by 2020.<ref>{{cite news|title=Ford Creates Team Edison to Accelerate Its Efforts in Electric Vehicles|url=https://www.forbes.com/sites/dalebuss/2017/10/02/ford-creates-team-edison-to-accelerate-its-efforts-in-battery-electric-vehicles/|work=Forbes|access-date=October 2, 2017|archive-date=October 2, 2017|archive-url=https://web.archive.org/web/20171002193539/https://www.forbes.com/sites/dalebuss/2017/10/02/ford-creates-team-edison-to-accelerate-its-efforts-in-battery-electric-vehicles/|url-status=live}}</ref> The new team will be headquartered in Detroit and have offices in Europe and Asia.<ref>{{cite web |url=https://gas2.org/2017/10/02/team-edison-fords-answer-tesla/ |title=Team Edison Is Ford's Answer To Tesla |first=Steve |last=Hanley |work=Gas 2 |location=USA |date=October 2, 2017 |access-date=January 13, 2019 |archive-date=January 13, 2019 |archive-url=https://web.archive.org/web/20190113182252/https://gas2.org/2017/10/02/team-edison-fords-answer-tesla/ |url-status=live }}</ref> |
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Both Energi models share the same powertrain technology and have the same EPA combined city/highway fuel economy in [[charge-sustaining|hybrid]] operation of {{convert|38|mpgUS|abbr=on}}.<ref name=Energi2013_14/> |
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[[File:2021 Ford Mustang Mach-E Premium, front left, 12-17-2022.jpg|alt=a photograph showing the front-left quarter of a grey automobile|thumb|[[Ford Mustang Mach-E]]]] |
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When asked about a battery-electric vehicle with a {{convert|200|mile|km|abbr=out|adj=on|-1}} range, Fields said in April 2016 "Clearly that's something we're developing for". Ford has a pending trademark application on the "Model E" name,<ref>{{cite news |url=http://www.autonews.com/article/20160428/OEM05/160429821/fields-confirms-ford-planning-ev-to-compete-with-chevy-bolt-tesla |title=Ford plans EV to compete with Chevy Bolt, Tesla Model 3, Fields confirms |first=Nick |last=Bunkley |work=[[Automotive News]] |location=US |date=April 28, 2016 |access-date=April 30, 2016}}</ref> preventing the [[Tesla Model 3]] in using the name.<ref>{{cite news |url=http://business.financialpost.com/news/transportation/elon-musk-wanted-to-name-his-model-3-model-e-so-teslas-brands-would-spell-sex-this-and-other-secrets-about-his-newest-car |title=Elon Musk wanted to name his Model 3 Model E so Tesla's brands would spell SEX. This and other secrets about his newest car |first=Tom |last=Randall |work=Bloomberg News |date=March 30, 2016 |access-date=April 30, 2016}}</ref> |
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On November 17, 2019, the [[Ford Mustang Mach-E|Mustang Mach-E]] was introduced which later went on sale December 2020 as a 2021 model.<ref>{{cite magazine |url=https://www.caranddriver.com/news/a29810295/2021-ford-mustang-mach-e-photos-info/ |title=2021 Ford Mustang Mach-E Will Please EV Fans, Perplex Mustang Loyalists |magazine=[[Car and Driver]] |last=Hoffman |first=Connor |date=November 17, 2019 |access-date=November 17, 2019}}</ref><ref>{{Cite web|last=Lyons|first=Kim|date=January 16, 2021|title=Ford reportedly delays some deliveries of its Mustang Mach-E|url=https://www.theverge.com/2021/1/16/22234668/ford-delays-deliveries-mustang-mach-e-quality-checks|access-date=February 8, 2021|website=The Verge|language=en}}</ref> The Mustang Mach-E is assembled at [[Cuautitlán Assembly]] in [[Cuautitlán Izcalli]], Mexico.<ref name="forbes1">{{cite magazine |last1=Abuelsamid |first1=Sam |date=November 17, 2019 |title=2021 Ford Mustang Mach E – The Pony Goes Electric |url=https://www.forbes.com/sites/samabuelsamid/2019/11/17/2021-ford-mustang-mach-ethe-pony-goes-electric/ |access-date=November 18, 2019 |magazine=[[Forbes]] |language=en}}</ref> According to former Ford CEO Jim Hackett, assembling the vehicle in Mexico allows Ford to make a profit from the first vehicle, unlike other electric vehicles. In June 2022, the CFO of Ford announced that the Mustang Mach-E was no longer profitable due to increases in the cost of raw materials.<ref>{{cite news |last=Wayland |first=Michael |date=June 22, 2022 |title=Raw material costs for electric vehicles have doubled during the pandemic |url=https://www.cnbc.com/2022/06/22/electric-vehicle-raw-material-costs-doubled-during-pandemic.html |accessdate=June 22, 2022 |publisher=[[CNBC]]}}</ref> |
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[[File:President Biden Ford F150 Lightning 05 20 2021.jpg|thumb|President [[Joe Biden]] test driving the [[Ford F-150 Lightning|F-150 Lightning]] prototype at Ford's Rouge Electric Vehicle Center, Dearborn, Michigan.]] |
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On May 19, 2021, Ford revealed a new electric pickup truck, the [[Ford F-150 Lightning|F-150 Lightning]].<ref name="cnbc20210521">{{cite news |title=From anti-Tesla design to huge frunk: 5 things to know about the electric Ford F-150 Lightning |url=https://www.cnbc.com/2021/05/21/from-anti-tesla-design-to-huge-frunk-5-things-about-fords-f-150-lightning.html |last=Wayland|first=Michael |date=May 21, 2021 |access-date=June 13, 2021}}</ref> The first F-150 Lightning was manufactured on April 18, 2022, with first delivery in the US on May 26.<ref>[https://cleantechnica.com/2022/05/31/ford-f-150-lightning-reaches-its-first-customers/ Ford F-150 Lightning Reaches Its First Customers], CleanTechnica, Jo Borrás, May 31, 2022</ref> Ford adjusted its 2024 production plans for the F-150 Lightning, cutting them in half from an anticipated 3,200 weekly units to around 1,600 weekly units due to sales below expectations.<ref>{{cite web |last1=Wayland |first1=Michael |date=11 December 2023 |title=Ford cuts planned 2024 production of electric F-150 Lightning in half |url=https://www.cnbc.com/2023/12/11/f-150-lightning-ford-cuts-2024-production-plans-in-half.html |access-date=19 December 2023 |website=CNBC}}</ref> In 2022, Ford began manufacturing its E-Transit electric cargo vans at its plant in Kansas City, Missouri.<ref>{{Cite web|title=Ford starts production of its new all-electric E-Transit cargo van|url=https://techcrunch.com/2022/01/25/ford-starts-production-of-its-new-all-electric-e-transit-cargo-van/|access-date=January 26, 2022|website=TechCrunch|date=January 25, 2022 |language=en-US}}</ref> |
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In October 2017, Ford announced its Team Edison battery-electric vehicle group to lead the company's renewed efforts into the EV market, in which it currently offers only the Focus subcompact and has plans for a small 300-mile SUV by 2020.<ref>{{cite news|title=Ford Creates Team Edison to Accelerate Its Efforts in Electric Vehicles|url=https://www.forbes.com/sites/dalebuss/2017/10/02/ford-creates-team-edison-to-accelerate-its-efforts-in-battery-electric-vehicles/|work=Forbes}}</ref> The new team will be headquartered in Detroit and have offices in Europe and Asia.<ref>{{cite web |url=https://gas2.org/2017/10/02/team-edison-fords-answer-tesla/ |title=Team Edison Is Ford's Answer To Tesla |first=Steve |last=Hanley |work=Gas 2 |location=USA |date=October 2, 2017 |access-date=January 13, 2019}}</ref> |
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As the result of 2019 Ford-VW global alliance cooperation agreement,<ref>{{Cite web |title=Ford and VW global alliance to build vans and pickups - latest details |url=https://www.parkers.co.uk/vans-pickups/news/2019/ford-vw-van-pickup-alliance-confirmed/ |website=Parkers}}</ref> Ford began developing electric vehicles for the European market using the [[Volkswagen Group MEB platform]] along with batteries supplied by Volkswagen. The first Ford product based on the MEB is the [[Ford Explorer EV]], which was introduced in March 2023. It is produced in the [[Cologne Body & Assembly|Cologne plant]] in Germany, which previously manufactured the [[Ford Fiesta|Fiesta]] small car.<ref name=":2">{{Cite web |date=March 21, 2023 |title=Ford Explorer EV races into European segment poised for big gains |url=https://www.autonews.com/cars-concepts/ford-explorer-ev-beats-key-rivals-key-segment |access-date=March 21, 2023 |website=Automotive News}}</ref> In August 2023, Ford delayed the Explorer EV deliveries to 2024 due to new battery regulations.<ref>{{Cite web |title=New Ford Explorer launch delayed to mid-2024 |url=https://www.autocar.co.uk/car-news/new-cars/new-ford-explorer-launch-delayed-mid-2024 |access-date=2023-08-13 |website=Autocar |language=en}}</ref> |
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In March 2022, Ford increased its focus in battery electric vehicles by establishing Ford Model E, a division for Ford's electric vehicle business. Ford Model E is expected to be profitable by 2026, and the company said the division "should be seen as a [[Startup company|startup]]".<ref name=":0" /><ref name="DFP0302" /><ref name=":1" /> In June 2022, Ford announced its intention to restructure its dealership model, including building an [[e-commerce]] platform where customers can buy electric vehicles at non-negotiable prices in an effort to match [[Tesla, Inc.|Tesla]]"s profit margins.<ref name="tc20220602">{{cite news |author=Jaclyn Trop |date=June 2, 2022 |title=Ford wants to restructure its dealership model to boost EV sales |url=https://techcrunch.com/2022/06/02/ford-wants-to-sell-evs-online-only-and-at-a-set-price/ |work=Tech Crunch}}</ref> Ford also stated in June 2022 that it planned to spend $3.7 billion to hire 6,200 union workers to staff several assembly plants in Michigan, Ohio and Missouri in a bid to sell 2 million electric vehicles annually by 2026.<ref name="tc20220602" /> |
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In May 2023, Ford announced its plans to integrate the [[North American Charging System]] (NACS) system into their electric vehicles, following Tesla's decision to [[Open standard|open]] and rename its proprietary charging standard to NACS. Newly built Ford electric vehicles after 2024 will have native NACS charging ports on the vehicle. Existing Ford electric models will be able to connect to the NACS system and its chargers by use of an adapter. Both will thus have access to the extensive NACS [[Electric vehicle network|charging network]] with more than 12,000 chargers in North America.<ref name="ars20230525">{{cite news |date=25 May 2023 |title=Ford EVs will get access to Tesla's Supercharger network in 2024 |url=https://arstechnica.com/cars/2023/05/ford-evs-will-get-access-to-teslas-supercharger-network-in-2024/ |access-date=26 May 2023 |work=[[Ars Technica]]}}</ref> |
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===Hydrogen=== |
===Hydrogen=== |
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Ford also continues to study [[fuel cell]]-powered electric powertrains and has demonstrated hydrogen-fueled [[internal combustion engine]] technologies, as well as developing the next-generation hybrid-electric systems. Compared with conventional vehicles, [[hybrid vehicle]]s and/or fuel cell vehicles decrease air pollution emissions as well as sound levels, with favorable impacts upon respiratory health and decrease of [[noise health effects]]. |
Ford also continues to study [[fuel cell]]-powered electric powertrains and has demonstrated hydrogen-fueled [[internal combustion engine]] technologies, as well as developing the next-generation hybrid-electric systems. Compared with conventional vehicles, [[hybrid vehicle]]s and/or fuel cell vehicles decrease air pollution emissions as well as sound levels, with favorable impacts upon respiratory health and decrease of [[noise health effects]]. |
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Ford has launched the production of [[hydrogen vehicle|hydrogen-powered]] shuttle buses, using hydrogen instead of gasoline in a standard [[Hydrogen vehicle# |
Ford has launched the production of [[hydrogen vehicle|hydrogen-powered]] shuttle buses, using hydrogen instead of gasoline in a standard [[Hydrogen vehicle#Internal combustion vehicle|internal combustion engine]], for use at airports and convention centers.<ref>{{cite news | last = Hoffman | first = Bryce G | title = Ford to produce 'green' buses | newspaper=The Detroit News | date=July 18, 2006 | url = http://www.detnews.com/apps/pbcs.dll/article?AID=/20060718/AUTO01/607180312 }}</ref> At the 2006 [[Greater Los Angeles Auto Show]], Ford showcased a hydrogen fuel cell version of its Explorer SUV. The Fuel cell Explorer has a combined output of {{cvt|174|hp|kW|0}}. It has a large hydrogen storage tank which is situated in the center of the car taking the original place of the conventional model's automatic transmission. The centered position of the tank assists the vehicle reach a notable range of {{convert|350|mi|4=0}}, the farthest for a fuel cell vehicle so far. The fuel cell Explorer the first in a series of prototypes partly funded by the [[United States Department of Energy]] to expand efforts to determine the feasibility of hydrogen-powered vehicles. The fuel cell Explorer is one of several vehicles with green technology being featured at the L.A. show, including the 2008 Ford Escape Hybrid, PZEV emissions compliant Fusion and Focus models and a 2008 Ford F-Series Super Duty outfitted with Ford's clean diesel technology. |
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===Increased fuel efficiency=== |
===Increased fuel efficiency=== |
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Ford Motor Company announced it |
In July 2008, Ford Motor Company announced that it would accelerate its plans to produce more fuel-efficient cars, changing both its North American manufacturing plans and its lineup of vehicles available in the United States. In terms of North American manufacturing, the company planned to convert three existing pickup truck and sport utility vehicle ([[SUV]]) plants for small car production, with the first conversion at its Michigan Truck Plant. In addition, Ford's assembly plants near Mexico City, Mexico, and in Louisville, Kentucky, were to be converted from pickups and SUVs to small cars, including the Ford Fiesta, by 2011. Ford then also planned to introduce to North America six of its European small vehicles, including two versions of the Ford Fiesta, by the end of 2012.<ref>{{cite press release|url=https://www.sec.gov/Archives/edgar/data/37996/000114036108017495/ex99_2.htm|title=Ford Accelerates Transformation Plan With Small Car Offensive, Manufacturing Realignment|date=July 24, 2008|access-date=February 5, 2022|location=Dearborn, Mich.|website=[[EDGAR]]}}</ref> |
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Ford of Europe developed the [[ECOnetic]] programme to address the market and legislative need for higher [[fuel efficiency]] and lower {{CO2}} emissions. As opposed to the [[hybrid engine]] technology used in competitor products such as the [[Toyota Prius]], ECOnetic improves existing technology. Using lower-consuming [[Ford Duratorq engine|Duratorq TDCi]] diesel engines, and based on a combination of improved aerodynamics, lower resistance, and improved efficiency, the [[Ford Fiesta]] was the lowest-emitting mass-produced car in Europe<ref>{{cite web|url=http://www.autotrader.co.uk/EDITORIAL/CARS/news/FORD/Ford_Fiesta_ECOnetic_UKs_greenest_car.html|title=Ford Fiesta ECOnetic – UK's greenest car|publisher=AutoTrader.co.uk|date=July 23, 2008|access-date=April 13, 2011|archive-date=September 10, 2011|archive-url=https://web.archive.org/web/20110910185944/http://www.autotrader.co.uk/EDITORIAL/CARS/news/FORD/Ford_Fiesta_ECOnetic_UKs_greenest_car.html|url-status=live}}</ref> while the [[Ford Focus (international)|2012 Ford Focus ECOnetic]] will have better fuel consumption than the Prius or the [[Volkswagen Golf]] [[BlueMotion]].<ref>{{cite web|url=http://www.autotrader.co.uk/articles/2011/04/cars/ford/focus/ford-focus-econetic-80mpg|title=Ford Focus ECOnetic: 80mpg|publisher=AutoTrader.co.uk|date=April 7, 2011|access-date=April 13, 2011|archive-date=April 10, 2011|archive-url=https://web.archive.org/web/20110410212534/http://www.autotrader.co.uk/articles/2011/04/cars/ford/focus/ford-focus-econetic-80mpg|url-status=live}}</ref> ECOnetic is not presently planned to be sold in North American due to current perceived lower consumer demand.<ref>{{cite web |last=Kiley |first=David |url=http://www.businessweek.com/magazine/content/08_37/b4099060491065.htm |title=The 65 mpg Ford the U.S. Can't Have |work=BusinessWeek |date=September 4, 2008 |access-date=May 9, 2009 |archive-date=June 26, 2012 |archive-url=https://web.archive.org/web/20120626073942/http://www.businessweek.com/magazine/content/08_37/b4099060491065.htm |url-status=dead }}</ref> |
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Ford has challenged University teams to create a vehicle that is simple, durable, lightweight, and comes equipped with a base target price of only $7,000. The students from [[Aachen University]] created the "2015 Ford Model T".<ref>{{cite web |url=http://media.ford.com/article_display.cfm?article_id=29155 |title=Inspiring Innovation: 100 Years Later, Global Students Create 21st Century Model T Concepts, Ford Motor Company Newsroom |publisher=Media.ford.com |date=October 1, 2008 |access-date=June 18, 2009 |url-status=dead |archive-url=https://web.archive.org/web/20090216201016/http://media.ford.com/article_display.cfm?article_id=29155 |archive-date=February 16, 2009 }}</ref><ref>{{cite web |url=http://www.edmunds.com/insideline/do/News/articleId=132692 |title=Details Revealed on Postmodern 2015 Ford Model T and Model T2 |publisher=Edmunds.com |date=October 1, 2008 |access-date=June 18, 2009 |archive-url=https://web.archive.org/web/20081205020016/http://www.edmunds.com/insideline/do/News/articleId=132692 |archive-date=December 5, 2008 |url-status=dead}}</ref> |
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Ford of Europe developed the [[ECOnetic]] programme to address the market and legislative need for higher fuel efficiency and lower CO2 emissions. As opposed to the [[hybrid engine]] technology used in competitor products such as the [[Toyota Prius]], ECOnetic improves existing technology. Using lower consuming [[Ford Duratorq engine|Duratorq TDCi]] diesel engines, and based on a combination of improved aerodynamics, lower resistance, and improved efficiency, the [[Ford Fiesta]] is currently the lowest emitting mass-produced car in Europe<ref>{{cite web|url=http://www.autotrader.co.uk/EDITORIAL/CARS/news/FORD/Ford_Fiesta_ECOnetic_UKs_greenest_car.html|title=Ford Fiesta ECOnetic – UK's greenest car|publisher=AutoTrader.co.uk|date=July 23, 2008|accessdate=April 13, 2011}}</ref> while the [[Ford Focus (international)|2012 Ford Focus ECOnetic]] will have better fuel consumption than the Prius or the [[Volkswagen Golf]] [[BlueMotion]].<ref>{{cite web|url=http://www.autotrader.co.uk/articles/2011/04/cars/ford/focus/ford-focus-econetic-80mpg|title=Ford Focus ECOnetic: 80mpg|publisher=AutoTrader.co.uk|date=April 7, 2011|accessdate=April 13, 2011}}</ref> ECOnetic is not presently planned to be sold in North American due to current perceived lower consumer demand.<ref>{{cite web|last=Kiley |first=David |url=http://www.businessweek.com/magazine/content/08_37/b4099060491065.htm |title=The 65 mpg Ford the U.S. Can't Have |work=BusinessWeek |date=September 4, 2008 |accessdate=May 9, 2009}}</ref> |
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In 2000, under the leadership of the current Ford chairman, William Clay Ford, the company announced<ref>{{cite web |url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/07-27-2000/0001276963 |title=Ford Commits to Major SUV Fuel Economy Gains |publisher=Prnewswire.com |date=July 27, 2000 |access-date=September 30, 2010 |archive-url=https://web.archive.org/web/20010719084006/https://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=%2Fwww%2Fstory%2F07-27-2000%2F0001276963 |archive-date=July 19, 2001 |url-status=dead }}</ref> a planned 25 percent improvement in the average mileage of its SUVs—to be completed by the 2005 [[calendar year]]. In 2003, Ford announced that competitive market conditions and technological and cost challenges would prevent the company from achieving this goal.<ref>{{cite news |last=Koenig |first=Bill |url=https://www.bloomberg.com/apps/news?pid=20601103&sid=aMlQX0p5EMyI&refer=us |title=Ford to Cut New-Car Greenhouse Emissions 30% by 2020 |publisher=Bloomberg |date=April 9, 2008 |access-date=September 30, 2010 |archive-url=https://archive.today/20120723101320/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMlQX0p5EMyI&refer=us |archive-date=July 23, 2012 |url-status=live}}</ref> |
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For the 2007 model year, Ford had thirteen U.S. models that achieve 30 miles per gallon or better (based on the highway fuel economy estimates of the EPA) and several of Ford's vehicles were recognized in the EPA and Department of Energy Fuel Economy Guide for best-in-class fuel economy. Ford claimed to have eliminated nearly three million pounds of smog-forming emissions from their U.S. cars and light trucks over the 2004 to 2006 model years.<ref>{{cite web|url=http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/env.htm |title=About Ford |publisher=Ford Motor Company |access-date=May 1, 2008 |url-status=dead |archive-url=https://web.archive.org/web/20080309211834/http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/env.htm |archive-date=March 9, 2008 }}</ref> However, the United States Environmental Protection Agency has linked Ford to 54 [[Superfund]] toxic waste sites, twelve of which have been cleaned up and deleted from the list.<ref>{{cite web |url=http://www.publicintegrity.org/superfund/Company.aspx?act=6695 |title=Center for Public Integrity |publisher=Publicintegrity.org |access-date=September 30, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20080622115213/http://www.publicintegrity.org/superfund/Company.aspx?act=6695 |archive-date=June 22, 2008}}</ref> |
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In 2000, under the leadership of the current Ford chairman, William Clay Ford, the company announced<ref>{{cite web|url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/07-27-2000/0001276963 |title=Ford Commits to Major SUV Fuel Economy Gains |publisher=Prnewswire.com |date=July 27, 2000 |accessdate=September 30, 2010}}</ref> a planned 25 percent improvement in the average mileage of its [[sport utility vehicle|SUVs]] – to be completed by the 2005 [[calendar year]]. In 2003, Ford announced that competitive market conditions and technological and cost challenges would prevent the company from achieving this goal.<ref>{{cite news|last=Koenig |first=Bill |url=https://www.bloomberg.com/apps/news?pid=20601103&sid=aMlQX0p5EMyI&refer=us |title=Ford to Cut New-Car Greenhouse Emissions 30% by 2020 |publisher=Bloomberg |date=April 9, 2008 |accessdate=September 30, 2010| archiveurl = http://archive.today/Hqvt| archivedate = 2012-07-23 }}</ref> |
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===Efficient buildings=== |
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For the 2007 model year, Ford had thirteen U.S. models that achieve 30 miles per gallon or better (based on the highway fuel economy estimates of the EPA) and several of Ford's vehicles were recognized in the EPA and Department of Energy Fuel Economy Guide for best-in-class fuel economy. Ford claimed to have eliminated nearly three million pounds of smog-forming emissions from their U.S. cars and light trucks over the 2004 to 2006 model years.<ref>{{cite web|url=http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/env.htm |title=About Ford |publisher=Ford Motor Company |accessdate=May 1, 2008 |deadurl=yes |archiveurl=https://web.archive.org/web/20080309211834/http://www.ford.com/aboutford/microsites/sustainability-report-2006-07/env.htm |archivedate=March 9, 2008 }}</ref> However, the United States Environmental Protection Agency has linked Ford to 54 [[Superfund]] toxic waste sites, twelve of which have been cleaned up and deleted from the list.<ref>{{cite web |url=http://www.publicintegrity.org/superfund/Company.aspx?act=6695 |title=Center for Public Integrity |publisher=Publicintegrity.org |accessdate=September 30, 2010 |deadurl=yes |archiveurl=https://web.archive.org/web/20080622115213/http://www.publicintegrity.org/superfund/Company.aspx?act=6695 |archivedate=June 22, 2008 }}</ref> |
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[[File:Ford Rouge Plant green roof 2019.jpg|thumb|[[Green roof]] that covers part of the [[Ford River Rouge Complex]].]] |
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As part of a renovation of the [[Ford River Rouge Complex]], in 2010 Ford unveiled a {{Convert|10.4|acre|m2|adj=on}} living roof covering part of the Dearborn Truck plant, consisting of [[sedum]], a low-growing groundcover. The sedum retains and cleanses rainwater and moderates the internal temperature of the building, saving energy.<ref>{{cite web |last1=Wright |first1=Gordon |title=Ford's Rouge Plant Gets Living Roof |url=https://www.bdcnetwork.com/fords-new-rouge-plant-gets-living-roof |website=Building Design and Construction |date=August 11, 2010 |access-date=February 23, 2022}}</ref> |
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===PC power management=== |
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On March 2010, Ford announced its [[PC power management]] system which it developed with NightWatchman software from [[1E]]. The company is expected to save $1.2m on power cost and reduce carbon footprint by an estimated 16,000 to 25,000 metric tons annually when the system is fully implemented. |
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In 2016, Ford announced a ten-year renovation plan for its Dearborn campus.<ref>{{cite web |title=Ford to transform Dearborn campus in 10-yr plan |url=https://www.wxyz.com/news/watch-live-ford-to-make-major-announcement-to-global-employees |website=WXYZ.com |date=April 12, 2016 |publisher=WXYZ Detroit}}</ref> The plan features consolidation of office and lab spaces in to fewer and much larger buildings, which will be built to [[LEED]] standards, and will feature extensive use of wetlands and park spaces.<ref>{{cite web |last1=Robb |first1=Drew |title=Green Campus Revitalization |url=https://facilityexecutive.com/2019/10/green-campus-revitalization/ |website=facilityexecutive.com |date=October 17, 2019 |publisher=Facility Executive |access-date=February 23, 2022}}</ref><ref>{{cite web |last1=Hickman |first1=Matt |title=Snohetta Unveils Central Campus Building for Fords Sprawling Dearborn Complex |url=https://www.archpaper.com/2021/04/snohetta-unveils-central-campus-building-for-fords-sprawling-dearborn-complex/ |website=archpaper.com |date=April 23, 2021 |publisher=The Architects Newspaper |access-date=February 23, 2022}}</ref> The new campus features new multi-story parking decks with solar power-generating roofs,<ref>{{cite web |last1=Misbrener |first1=Kelsey |title=DTE Energy completes 750-kW parking deck solar + storage project for Ford Motor Company |url=https://www.solarpowerworldonline.com/2021/05/dte-energy-parking-deck-solar-storage-project-ford-motor-company/ |website=Solarpowerworldonline.com |date=May 5, 2021 |publisher=Solar Power World |access-date=February 23, 2022}}</ref> and a new natural gas power plant. The DTE Ford Central Energy Plant is a 34MW combined heat-and-power plant which features a high efficiency design and LEED Gold buildings.<ref>{{cite web |title=DTE Energy to Power Ford Motor Company Research and Engineering Center with Advanced Technologies / Achieving 50 Percent Energy Efficiency |url=https://dtevantage.com/wp-content/uploads/2017/10/00-DTE-Energy-to-Power-Ford-Motor-Company-Research-and-Engineering-Center-with-Advanced-Technologies-Achieving-50-Percent-Energy-Efficiency-Oct-25-2017.pdf |website=DTEvantage.com |publisher=DTE Vantage |access-date=February 23, 2022 |archive-url=https://web.archive.org/web/20211208225321/https://dtevantage.com/wp-content/uploads/2017/10/00-DTE-Energy-to-Power-Ford-Motor-Company-Research-and-Engineering-Center-with-Advanced-Technologies-Achieving-50-Percent-Energy-Efficiency-Oct-25-2017.pdf |archive-date=December 8, 2021 |url-status=live }}</ref> |
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According to company, reduction in carbon footprint and power cost will be achieved by developing 'Power Profiles' for every PC in the company.<ref>{{cite news|url=http://www.newstatesman.com/healthcare-and-pharmaceuticals/2010/03/power-ford-software-computers|title=Ford Motor rolls out PC power management|date=March 24, 2010|publisher=NewStatesman|accessdate=March 24, 2010}}</ref> |
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==Sponsorships== |
==Sponsorships== |
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Ford sponsors numerous events and sports facilities around the |
Ford sponsors numerous events and sports facilities around the U.S., most notably the [[Ford Center (Evansville)|Ford Center]] in downtown [[Evansville, Indiana]], and [[Ford Field]] in [[downtown Detroit]].<ref>{{cite news|url=https://www.reuters.com/article/retire-us-ford-media-idUSTRE53863920090409|title=Ford gets $22.5 million in NCAA Final Four exposure|access-date=May 25, 2012|publisher=Reuters|date=April 9, 2009|first=Soyoung|last=Kim|archive-date=October 22, 2012|archive-url=https://web.archive.org/web/20121022221612/http://www.reuters.com/article/2009/04/09/retire-us-ford-media-idUSTRE53863920090409|url-status=live}}</ref> |
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The company has also been a major sponsor of the [[UEFA Champions League]] for over two decades, and is also a longtime sponsor of the [[Sky plc|Sky media channel's]] coverage of [[Premier League]] football. |
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Between 1994 and 1999, Ford was the main kit sponsor of German [[Bundesliga]] club [[1. FC Köln]]. |
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<blockquote> |
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We start with a blank piece of paper and work out if the sponsorship still works for us and ask does it meet our objectives? We want to find a moment in time when people come together and have a collective experience and we achieve this through the sponsorships.<ref>{{cite web|title='We never expected to be Champions League sponsor for 21 years' says Ford marketer|url=http://www.marketingmagazine.co.uk/article/1183826/we-expected-champions-league-sponsor-21-years-says-ford-marketer|work=Marketing Magazine|publisher=Haymarket|accessdate=October 21, 2013|author=John Reynolds|date=May 24, 2013}}</ref></blockquote> |
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==Sales numbers== |
==Sales numbers== |
||
Line 688: | Line 777: | ||
! US sales |
! US sales |
||
!Market share |
!Market share |
||
of US sales<ref>{{cite web |url=https://research.stlouisfed.org/fred2/series/TOTALSA# |title=Total Vehicle Sales |work=FRED |publisher=Federal Reserve Bank of St. Louis |date=July 5, 2016 |access-date=July 26, 2016}}</ref> |
of US sales<ref>{{cite web |url=https://research.stlouisfed.org/fred2/series/TOTALSA# |title=Total Vehicle Sales |work=FRED |publisher=Federal Reserve Bank of St. Louis |date=July 5, 2016 |access-date=July 26, 2016 |archive-date=March 31, 2016 |archive-url=https://web.archive.org/web/20160331045836/https://research.stlouisfed.org/fred2/series/TOTALSA |url-status=live }}</ref> |
||
|- |
|- |
||
| 1997 |
| 1997 |
||
| 3,877,458<ref>{{cite news |url=http://www.theautochannel.com/news/press/date/19990106/press002196.html |title=Ford Reports Detailed Sales Results |date=January 6, 1999 | |
| 3,877,458<ref>{{cite news |url=http://www.theautochannel.com/news/press/date/19990106/press002196.html |title=Ford Reports Detailed Sales Results |date=January 6, 1999 |access-date=June 17, 2015 |archive-date=August 29, 2012 |archive-url=https://web.archive.org/web/20120829122419/http://www.theautochannel.com/news/press/date/19990106/press002196.html |url-status=live }}</ref> |
||
|25. |
|25.0% |
||
|- |
|- |
||
| 1998 |
| 1998 |
||
| 3,922,604<ref>{{cite news |url=http://www.prnewswire.com/news-releases/ford-motor-company-topples-december-and-full-year-us-sales-records-71957662.html |title=Ford Motor Company Topples December and Full Year U.S. Sales Records |work=PRNewswire |date=January 5, 2000 | |
| 3,922,604<ref>{{cite news |url=http://www.prnewswire.com/news-releases/ford-motor-company-topples-december-and-full-year-us-sales-records-71957662.html |title=Ford Motor Company Topples December and Full Year U.S. Sales Records |work=PRNewswire |date=January 5, 2000 |access-date=June 17, 2015 |archive-date=June 25, 2017 |archive-url=https://web.archive.org/web/20170625104618/http://www.prnewswire.com/news-releases/ford-motor-company-topples-december-and-full-year-us-sales-records-71957662.html |url-status=live }}</ref> |
||
|24. |
|24.5% |
||
|- |
|- |
||
| 1999 |
| 1999 |
||
| 4,163,369<ref>{{cite news |url=http://www.theautochannel.com/news/press/date/20010103/press033466.html |title=Ford Motor Company Sets New Full Year U.S. Sales Record |publisher=Theautochannel.com |date=January 3, 2001 | |
| 4,163,369<ref>{{cite news |url=http://www.theautochannel.com/news/press/date/20010103/press033466.html |title=Ford Motor Company Sets New Full Year U.S. Sales Record |publisher=Theautochannel.com |date=January 3, 2001 |access-date=April 28, 2009 |archive-date=February 10, 2013 |archive-url=https://web.archive.org/web/20130210134750/http://www.theautochannel.com/news/press/date/20010103/press033466.html |url-status=live }}</ref> |
||
|23. |
|23.9% |
||
|- |
|- |
||
| 2000 |
| 2000 |
||
| 4,202,820 |
| 4,202,820 |
||
|23. |
|23.6% |
||
|- |
|- |
||
| 2001 |
| 2001 |
||
| 3,971,364 |
| 3,971,364 |
||
|22. |
|22.7% |
||
|- |
|- |
||
| 2002 |
| 2002 |
||
| 3,623,709<ref>{{cite news |url=http://www.theautochannel.com/news/2004/01/05/175829.html |title=Ford's F-Series Truck Caps 22nd Year in a Row as America's Best-Selling Vehicle With a December Sales Record |publisher=Theautochannel.com |date=November 17, 2004 | |
| 3,623,709<ref>{{cite news |url=http://www.theautochannel.com/news/2004/01/05/175829.html |title=Ford's F-Series Truck Caps 22nd Year in a Row as America's Best-Selling Vehicle With a December Sales Record |publisher=Theautochannel.com |date=November 17, 2004 |access-date=April 28, 2009 |archive-date=February 10, 2013 |archive-url=https://web.archive.org/web/20130210134743/http://www.theautochannel.com/news/2004/01/05/175829.html |url-status=live }}</ref> |
||
|21. |
|21.2% |
||
|- |
|- |
||
| 2003 |
| 2003 |
||
| 3,483,719 |
| 3,483,719 |
||
|20. |
|20.5% |
||
|- |
|- |
||
| 2004 |
| 2004 |
||
| 3,331,676<ref>{{cite news |url=http://www.theautochannel.com/news/2006/01/04/204860.html |title=Ford Achieves First Car Sales Increase Since 1999 |publisher=Theautochannel.com |date=November 17, 2004 | |
| 3,331,676<ref>{{cite news |url=http://www.theautochannel.com/news/2006/01/04/204860.html |title=Ford Achieves First Car Sales Increase Since 1999 |publisher=Theautochannel.com |date=November 17, 2004 |access-date=April 28, 2009 |archive-date=February 10, 2013 |archive-url=https://web.archive.org/web/20130210134747/http://www.theautochannel.com/news/2006/01/04/204860.html |url-status=live }}</ref> |
||
|19. |
|19.3% |
||
|- |
|- |
||
| 2005 |
| 2005 |
||
| 3,153,875 |
| 3,153,875 |
||
|18. |
|18.1% |
||
|- |
|- |
||
| 2006 |
| 2006 |
||
| 2,901,090<ref>{{cite press release|url=http://media.ford.com/article_download.cfm?article_id=27379 |title=Ford Motor Company 2007 sales |date=January 3, 2008 | |
| 2,901,090<ref>{{cite press release|url=http://media.ford.com/article_download.cfm?article_id=27379 |title=Ford Motor Company 2007 sales |date=January 3, 2008 |url-status=dead |archive-url=https://web.archive.org/web/20090212180838/http://media.ford.com/article_download.cfm?article_id=27379 |archive-date=February 12, 2009 }}</ref> |
||
| |
|17.0% |
||
|- |
|- |
||
| 2007 |
| 2007 |
||
| 2,507,366 |
| 2,507,366 |
||
|15. |
|15.2% |
||
|- |
|- |
||
| 2008 |
| 2008 |
||
| 1,988,376<ref>{{cite press release|url=http://media.ford.com/images/10031/dec08sales.pdf |
| 1,988,376<ref>{{cite press release|url=http://media.ford.com/images/10031/dec08sales.pdf |title=F-Series drives ford to higher market share for third consecutive month |date=January 5, 2009 |publisher=Ford |location=US |access-date=May 14, 2009 |url-status=dead |archive-url=https://web.archive.org/web/20090206054304/http://media.ford.com/images/10031/dec08sales.pdf |archive-date=February 6, 2009 }}</ref> |
||
|14. |
|14.7% |
||
|- |
|- |
||
| 2009 |
| 2009 |
||
| 1,620,888<ref>{{cite web|url=http://media.ford.com/article_display.cfm?article_id=31604 |title=FORD CAPS 2009 WITH 33 PERCENT SALES INCREASE, FIRST FULL-YEAR MARKET SHARE GAIN SINCE 1995, Ford Motor Company Newsroom |publisher=Ford |location= |
| 1,620,888<ref>{{cite web|url=http://media.ford.com/article_display.cfm?article_id=31604 |title=FORD CAPS 2009 WITH 33 PERCENT SALES INCREASE, FIRST FULL-YEAR MARKET SHARE GAIN SINCE 1995, Ford Motor Company Newsroom |publisher=Ford |location=US |date=January 5, 2010 |access-date=September 30, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20100826033739/http://media.ford.com/article_display.cfm?article_id=31604 |archive-date=August 26, 2010 }}</ref> |
||
|15. |
|15.3% |
||
|- |
|- |
||
| 2010 |
| 2010 |
||
| 1,935,462<ref>{{cite web |url=http://media.ford.com/article_display.cfm?article_id=33704 |title=FORD'S 2010 SALES UP 19 PERCENT – LARGEST INCREASE OF ANY FULL-LINE AUTOMAKER; FOUNDATION SET FOR GROWTH IN 2011 | Ford Motor Company Newsroom |publisher=Ford |location= |
| 1,935,462<ref>{{cite web |url=http://media.ford.com/article_display.cfm?article_id=33704 |title=FORD'S 2010 SALES UP 19 PERCENT – LARGEST INCREASE OF ANY FULL-LINE AUTOMAKER; FOUNDATION SET FOR GROWTH IN 2011 | Ford Motor Company Newsroom |publisher=Ford |location=US |date=January 4, 2011 |access-date=January 27, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20110902084030/http://media.ford.com/article_display.cfm?article_id=33704 |archive-date=September 2, 2011 }}</ref> |
||
|16. |
|16.4% |
||
|- |
|- |
||
| 2011 |
| 2011 |
||
| 2,143,101<ref>{{cite news|url=http://online.wsj.com/mdc/public/page/2_3022-autosales.html |title=Auto Sales |
| 2,143,101<ref>{{cite news |url=http://online.wsj.com/mdc/public/page/2_3022-autosales.html |title=Auto Sales – Markets Data Center |publisher=Online.wsj.com |access-date=January 27, 2012 |archive-date=February 6, 2012 |archive-url=https://web.archive.org/web/20120206103300/http://online.wsj.com/mdc/public/page/2_3022-autosales.html |url-status=live }}</ref> |
||
|16. |
|16.4% |
||
|- |
|- |
||
| 2012 |
| 2012 |
||
| 2,250,165<ref>{{cite press release|url=http://media.ford.com/images/10031/Dec12sales.pdf |title=December 2012 Sales |publisher=Ford |location= |
| 2,250,165<ref>{{cite press release|url=http://media.ford.com/images/10031/Dec12sales.pdf |title=December 2012 Sales |publisher=Ford |location=US|date=January 3, 2013 |access-date=March 2, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130123110331/http://media.ford.com/images/10031/Dec12sales.pdf |archive-date=January 23, 2013 }}</ref> |
||
|15. |
|15.2% |
||
|- |
|- |
||
| 2013 |
| 2013 |
||
| 2,493,918<ref>{{cite press release |url=http://media.ford.com/content/fordmedia/fna/us/en/news/2014/01/03/december-2013-sales.html |title=Ford Motor Company Delivers Best Sales Year Since 2006; Ford Is Top Brand with Records for Fiesta, Fusion, Escape |publisher=Ford |location= |
| 2,493,918<ref>{{cite press release |url=http://media.ford.com/content/fordmedia/fna/us/en/news/2014/01/03/december-2013-sales.html |title=Ford Motor Company Delivers Best Sales Year Since 2006; Ford Is Top Brand with Records for Fiesta, Fusion, Escape |publisher=Ford |location=US |date=January 3, 2014 |access-date=January 10, 2014 |archive-date=January 9, 2014 |archive-url=https://web.archive.org/web/20140109144543/http://media.ford.com/content/fordmedia/fna/us/en/news/2014/01/03/december-2013-sales.html |url-status=live }}</ref> |
||
|15. |
|15.7% |
||
|- |
|- |
||
| 2014 |
| 2014 |
||
| 2,480,942<ref>{{cite press release |url=http://media.ford.com/content/fordmedia/fna/us/en/news/2015/01/05/ford-posts-best-u-s--december-sales-results-since-2005--ford-onc.html |title=Ford Posts Best U.S. December Sales Results since 2005; Ford Once Again Best-Selling Brand and Best-Selling Vehicle |publisher=Ford |location= |
| 2,480,942<ref>{{cite press release |url=http://media.ford.com/content/fordmedia/fna/us/en/news/2015/01/05/ford-posts-best-u-s--december-sales-results-since-2005--ford-onc.html |title=Ford Posts Best U.S. December Sales Results since 2005; Ford Once Again Best-Selling Brand and Best-Selling Vehicle |publisher=Ford |location=US |date=January 5, 2015 |access-date=February 12, 2015 |archive-date=November 18, 2018 |archive-url=https://web.archive.org/web/20181118220122/https://media.ford.com/content/fordmedia/fna/us/en/news/2015/01/05/ford-posts-best-u-s--december-sales-results-since-2005--ford-onc.html |url-status=live }}</ref> |
||
|14. |
|14.7% |
||
|- |
|- |
||
| 2015 |
| 2015 |
||
| 2,613,162<ref>{{cite press release |url=https://media.ford.com/content/fordmedia/fna/us/en/news/2016/01/05/december2015sales.html|title=New Products Make Ford America's Best-Selling Brand for Sixth Straight Year; F-Series No. 1 Vehicle for 34th Year |publisher=Ford |location= |
| 2,613,162<ref>{{cite press release |url=https://media.ford.com/content/fordmedia/fna/us/en/news/2016/01/05/december2015sales.html |title=New Products Make Ford America's Best-Selling Brand for Sixth Straight Year; F-Series No. 1 Vehicle for 34th Year |publisher=Ford |location=US|date=January 5, 2016 |access-date=January 16, 2016 |archive-date=February 1, 2016 |archive-url=https://web.archive.org/web/20160201105148/https://media.ford.com/content/fordmedia/fna/us/en/news/2016/01/05/december2015sales.html |url-status=live }}</ref> |
||
|14. |
|14.6% |
||
|- |
|- |
||
| 2016 |
| 2016 |
||
| 2,614,697<ref>{{cite web |url=https://media.ford.com/content/dam/fordmedia/North%20America/US/2017/01/04/December-2016-Sales-Release-with-tables.pdf|title=Ford America's Best-Selling Brand for Seventh Year |publisher=Ford |location= |
| 2,614,697<ref>{{cite web |url=https://media.ford.com/content/dam/fordmedia/North%20America/US/2017/01/04/December-2016-Sales-Release-with-tables.pdf |title=Ford America's Best-Selling Brand for Seventh Year |publisher=Ford |location=US|date=January 4, 2017 |access-date=June 28, 2017 |archive-date=May 10, 2017 |archive-url=https://web.archive.org/web/20170510083131/https://media.ford.com/content/dam/fordmedia/North%20America/US/2017/01/04/December-2016-Sales-Release-with-tables.pdf |url-status=live }}</ref><ref>{{cite web |url=http://www.goodcarbadcar.net/2017/01/december-2016-usa-auto-sales-brand-results.html |title=U.S. Auto Sales Brand Rankings |publisher=GoodCarBadCar |location=US |date=January 4, 2017 |access-date=June 29, 2017 |archive-date=July 14, 2017 |archive-url=https://web.archive.org/web/20170714084943/http://www.goodcarbadcar.net/2017/01/december-2016-usa-auto-sales-brand-results.html |url-status=dead }}</ref> |
||
|14. |
|14.6% |
||
|- |
|||
|2017 |
|||
|2,586,715<ref name=USsales2019>{{cite press release |url=https://media.ford.com/content/dam/fordmedia/North%20America/US/2019/01/03/sales-dec-18.pdf |title=Ford F-Series Marks 42 Straight Years as America's Best-Selling Pickup, Topping 900,000 Sold in 2018; Ford Hits Nine Straight Years as America's Best-Selling Brand; Lincoln SUV Sales Up |publisher=Ford |location=Dearborn, Michigan |date=January 3, 2019 |access-date=April 14, 2019 |archive-url=https://web.archive.org/web/20190104043840/https://media.ford.com/content/dam/fordmedia/North%20America/US/2019/01/03/sales-dec-18.pdf |archive-date=January 4, 2019 |url-status=live }}</ref> |
|||
|14.7% |
|||
|- |
|||
|2018 |
|||
|2,497,318<ref name=USsales2019/> |
|||
|14.1% |
|||
|- |
|||
|2019 |
|||
|2,422,698<ref>{{cite press release |url=https://media.ford.com/content/dam/fordmedia/North%20America/US/2020/01/06/sales-4q2019.pdf |title=F-Series Hits 43rd Straight Year as America's Best-Selling Pickup; Ford Achieves 10 Straight Years of Leadership as America's Best-Selling Brand; Lincoln SUV Sales Best in 16 Years |publisher=Ford |location=Dearborn, Michigan |date=January 6, 2020 |access-date=January 6, 2020 |archive-date=January 7, 2020 |archive-url=https://web.archive.org/web/20200107014248/https://media.ford.com/content/dam/fordmedia/North%20America/US/2020/01/06/sales-4q2019.pdf |url-status=live }}</ref> |
|||
|13.8% |
|||
|- |
|||
|2020 |
|||
|2,044,744<ref>{{cite press release|url=https://media.ford.com/content/dam/fordmedia/North%20America/US/2021/01/06/ford-sales-release-dec2020.pdf|title=Truck Customers Make F-Series America's Best-Selling Pickup For 44 Straight Years; Ford Brand Achieves 11 Straight Years as America's Best-Selling Brand; Ford Explorer Claims Top Spot in 2020; Luxury Customers Propel Lincoln SUVs to Highest Sales in 17 Years|date=January 6, 2021|access-date=January 7, 2021|location=Dearborn, Michigan|archive-url=https://web.archive.org/web/20210113154136/https://media.ford.com/content/dam/fordmedia/North%20America/US/2021/01/06/ford-sales-release-dec2020.pdf|archive-date=January 13, 2021|url-status=live}}</ref> |
|||
|13.7% |
|||
|- |
|||
|2021 |
|||
|1,905,955<ref>{{cite press release|url=https://media.ford.com/content/dam/fordmedia/North%20America/US/2022/01/05/ford-2021-sales-dec.pdf|title=Ford Best-Selling Automaker in Q4; Becomes No. 2 for Electric Vehicle Sales for 2021; F-Series Best-Selling Truck for 45th Year In Row and Best-Selling Vehicle for 40th straight year; SUV Share Expands|date=January 5, 2022|access-date=February 5, 2022|location=Dearborn, Michigan|archive-url=https://web.archive.org/web/20220106021036/https://media.ford.com/content/dam/fordmedia/North%20America/US/2022/01/05/ford-2021-sales-dec.pdf|archive-date=January 6, 2022|url-status=live}}</ref> |
|||
|12.4% |
|||
|} |
|} |
||
==See also== |
==See also== |
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{{Portal|Cars|Companies| |
{{Portal|Cars|Companies|Michigan}} |
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* [[ |
* [[The Henry Ford]] |
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* [[Ford's Garage]] |
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* [[Chariot (company)]] |
* [[Chariot (company)]] |
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* [[Detroit Automobile Company]] |
* [[Detroit Automobile Company]] |
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* [[Smith Electric Vehicles]] |
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* [[Soybean Car]] |
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* [[Dodge v. Ford Motor Company]] |
* [[Dodge v. Ford Motor Company]] |
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* [[Eugene Turenne Gregorie]] |
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* [[Firestone and Ford tire controversy]] |
* [[Firestone and Ford tire controversy]] |
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* [[List of automobile manufacturers of the United States]] |
* [[List of automobile manufacturers of the United States]] |
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* [[Smith Electric Vehicles]] |
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* [[Soybean Car]] |
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* [[The Henry Ford]] |
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==References== |
==References== |
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{{ |
{{reflist}} |
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==Further reading== |
==Further reading== |
||
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* Bardou; Jean-Pierre, Jean-Jacques Chanaron, Patrick Fridenson, and James M. Laux. ''The Automobile Revolution: The Impact of an Industry'' University of North Carolina Press, 1982 |
* Bardou; Jean-Pierre, Jean-Jacques Chanaron, Patrick Fridenson, and James M. Laux. ''The Automobile Revolution: The Impact of an Industry'' University of North Carolina Press, 1982 |
||
* Batchelor, Ray. ''Henry Ford: Mass Production, Modernism and Design'' Manchester U. Press, 1994 |
* Batchelor, Ray. ''Henry Ford: Mass Production, Modernism and Design'' Manchester U. Press, 1994 |
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* Bonin, Huber et al. ''Ford, 1902–2003: The European History'' 2 vol Paris 2003. {{ISBN|2-914369-06-9}} scholarly essays in English on Ford operations in Europe; reviewed in Len Holden, Len. "Fording the Atlantic: Ford and Fordism in Europe" in ''Business History '' Volume 47, #January 1, 2005 pp 122–127 |
* Bonin, Huber et al. ''Ford, 1902–2003: The European History'' 2 vol Paris 2003. {{ISBN|2-914369-06-9}} scholarly essays in English on Ford operations in Europe; reviewed in Len Holden, Len. "Fording the Atlantic: Ford and Fordism in Europe" in ''Business History '' Volume 47, #January 1, 2005, pp 122–127 |
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* [https://web.archive.org/web/20110728045240/http://www.spiritatwork.org/knowledgecenter/dissertations/bowman_tim_spirituality_at_work.pdf Bowman, Timothy J. ''Spirituality at Work: An Exploratory Sociological Investigation of the Ford Motor Company''. London School of Economics and Political Science, 2004] |
* [https://web.archive.org/web/20110728045240/http://www.spiritatwork.org/knowledgecenter/dissertations/bowman_tim_spirituality_at_work.pdf Bowman, Timothy J. ''Spirituality at Work: An Exploratory Sociological Investigation of the Ford Motor Company''. London School of Economics and Political Science, 2004] |
||
* Brinkley, Douglas G. ''Wheels for the World: Henry Ford, His Company, and a Century of Progress'' (2003) |
* Brinkley, Douglas G. ''Wheels for the World: Henry Ford, His Company, and a Century of Progress'' (2003) |
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* Flink, James. ''America Adopts the Automobile, 1895–1910'' MIT Press, 1970 |
* Flink, James. ''America Adopts the Automobile, 1895–1910'' MIT Press, 1970 |
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* Foster, Mark S. "The Model T, The Hard Sell, and Los Angeles Urban Growth: The Decentralization of Los Angeles During the 1920s." ''Pacific Historical Review'' 44.4 (November 1975): 459–84 |
* Foster, Mark S. "The Model T, The Hard Sell, and Los Angeles Urban Growth: The Decentralization of Los Angeles During the 1920s." ''Pacific Historical Review'' 44.4 (November 1975): 459–84 |
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* |
* Halberstam, David. ''[[The Reckoning (Halberstam book)|The Reckoning]]'' (1986) detailed reporting on decline of the auto industry. [https://archive.org/details/reckoning00halb online]; also |
||
* Iacocca, Lee and [[William Novak]]. ''[[Iacocca: An Autobiography]]'' (1984) |
* [[Lee Iacocca|Iacocca, Lee]] and [[William Novak]]. ''[[Iacocca: An Autobiography]]'' (1984) |
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* Jacobson, D. S. "The Political Economy of Industrial Location: the Ford Motor Company at Cork 1912–26." Irish Economic and Social History [Ireland] 1977 4: 36–55. Ford and Irish politics |
* Jacobson, D. S. "The Political Economy of Industrial Location: the Ford Motor Company at Cork 1912–26." Irish Economic and Social History [Ireland] 1977 4: 36–55. Ford and Irish politics |
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* Lacey, Robert "Ford: The Men and the Machine" (Heinnemann, London) 0 414 401027 (1986) |
* Lacey, Robert "Ford: The Men and the Machine" (Heinnemann, London) 0 414 401027 (1986) |
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* Maynard, Micheline. ''The End of Detroit: How the Big Three Lost Their Grip on the American Car Market'' (2003) |
* Maynard, Micheline. ''The End of Detroit: How the Big Three Lost Their Grip on the American Car Market'' (2003) |
||
* McIntyre, Stephen L. "The Failure of Fordism: Reform of the Automobile Repair Industry, 1913–1940: ''Technology and Culture'' 2000 41(2): 269–299. repair shops rejected flat rates |
* McIntyre, Stephen L. "The Failure of Fordism: Reform of the Automobile Repair Industry, 1913–1940: ''Technology and Culture'' 2000 41(2): 269–299. repair shops rejected flat rates |
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* Nevins, Allan. ''Ford: the Times, the Man, the Company'' (vol 1 1954) [https://archive.org/details/in.ernet.dli.2015.547601 online] |
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* {{Cite book | first= Allan | last=Nevins |author2=Frank Ernest Hill | authorlink=Allan Nevins | title =Ford: The Times, The Man, The Company | publisher=Charles Scribners' Sons | location = New York | year = 1954}} |
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* |
* Nevins, Allan, and Frank Hill. ''Ford: Expansion and Challenge 1915-1933'' (vol 2, 1957) [https://archive.org/details/fordexpansioncha00alla online] |
||
* Nevins, Allan. ''Ford: Decline and rebirth, 1933-1962'' (vol 3, 1963) [https://archive.org/details/forddeclinerebir00nevi online] |
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* {{Cite book | first= Allan | last=Nevins |author2=Frank Ernest Hill | title=Ford: Decline and Rebirth, 1933–1962 | publisher=Charles Scribners' Sons | location = New York | year = 1962 | authorlink=Allan Nevins}} |
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* [[James M. Rubenstein|Rubenstein, James M.]] ''The Changing U.S. Auto Industry: A Geographical Analysis'' Routledge, 1992 |
* [[James M. Rubenstein|Rubenstein, James M.]] ''The Changing U.S. Auto Industry: A Geographical Analysis'', [[Routledge]], 1992 |
||
* Shiomi, Haruhito and Kazuo Wada. ''Fordism Transformed: The Development of Production Methods in the Automobile Industry'' Oxford University Press, 1995 |
* Shiomi, Haruhito and Kazuo Wada. ''Fordism Transformed: The Development of Production Methods in the Automobile Industry'', [[Oxford University Press]], 1995 |
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* {{Sorensen1956}} |
* {{Sorensen1956}} |
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* Studer-Noguez; Isabel. ''Ford and the Global Strategies of Multinationals: The North American Auto Industry'' Routledge, 2002 |
* Studer-Noguez; Isabel. ''Ford and the Global Strategies of Multinationals: The North American Auto Industry'' Routledge, 2002 |
||
* Tedlow, Richard S. "The Struggle for Dominance in the Automobile Market: the Early Years of Ford and General Motors" ''Business and Economic History'' 1988 17: 49–62. Ford stressed low price based on efficient factories but GM did better in oligopolistic competition by including investment in manufacturing, marketing, and management |
* Tedlow, Richard S. "The Struggle for Dominance in the Automobile Market: the Early Years of Ford and General Motors" ''Business and Economic History'' 1988 17: 49–62. Ford stressed low price based on efficient factories, but GM did better in oligopolistic competition by including investment in manufacturing, marketing, and management |
||
* Thomas, Robert Paul. "The Automobile Industry and its Tycoon" ''Explorations in Entrepreneurial History'' 1969 6(2): 139–157. argues Ford did NOT have much influence on US industry |
* Thomas, Robert Paul. "The Automobile Industry and its Tycoon" ''Explorations in Entrepreneurial History'' 1969 6(2): 139–157. argues Ford did NOT have much influence on US industry |
||
* Watts, Steven. '' |
* Watts, Steven. ''The People's Tycoon: Henry Ford and the American Century'' (2005) |
||
* Wik, Reynold M. ''Henry Ford and Grass-Roots America |
* Wik, Reynold M. ''Henry Ford and Grass-Roots America'', [[University of Michigan Press]], 1972. impact on farmers |
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* [[Mira Wilkins|Wilkins, Mira]] and Frank Ernest Hill, ''American Business Abroad: Ford on Six Continents'' Wayne State University Press, 1964 |
* [[Mira Wilkins|Wilkins, Mira]] and Frank Ernest Hill, ''American Business Abroad: Ford on Six Continents'' Wayne State University Press, 1964 |
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* Williams, Karel, Colin Haslam and John Williams, "Ford versus 'Fordism': The Beginning of Mass Production?" ''Work, Employment & Society'', Vol. 6, No. 4, 517–555 (1992), stress on Ford's flexibility and commitment to continuous improvements. |
* Williams, Karel, Colin Haslam and John Williams, "Ford versus 'Fordism': The Beginning of Mass Production?" ''Work, Employment & Society'', Vol. 6, No. 4, 517–555 (1992), stress on Ford's flexibility and commitment to continuous improvements. |
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==External links== |
==External links== |
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{{commons category |
{{commons category}} |
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{{wikiquote}} |
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* [http://corporate.ford.com/global-links.html#s0f0 Official gateway to global websites] |
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* {{official website}} |
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* [https://archiveswest.orbiscascade.org/ark:80444/xv285768 Ford Motor Company records] are archived at the [[American Heritage Center]], [[University of Wyoming]]. |
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* {{OpenCorp}} |
* {{OpenCorp}} |
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{{Finance links |
{{Finance links |
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| name = Ford Motor Company |
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| yahoo = F |
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| google = F:NYSE |
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[[Category:All articles with unsourced statements]] |
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[[Category:Automobile culture and history in Dearborn, Michigan]] |
[[Category:Automobile culture and history in Dearborn, Michigan]] |
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[[Category:Bus manufacturers|Ford]] |
[[Category:Bus manufacturers of the United States|Ford]] |
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[[Category:Companies based in Wayne County, Michigan]] |
[[Category:Companies based in Wayne County, Michigan]] |
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[[Category:Companies listed on the New York Stock Exchange]] |
[[Category:Companies listed on the New York Stock Exchange]] |
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[[Category:Defense companies of the United States]] |
[[Category:Defense companies of the United States]] |
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[[Category:Diesel engine manufacturers]] |
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[[Category:Electric vehicle manufacturers of the United States]] |
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[[Category:Lawn and garden tractors]] |
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[[Category:Motor vehicle manufacturers |
[[Category:Motor vehicle engine manufacturers]] |
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[[Category:Multinational companies headquartered in the United States]] |
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[[Category:Tractor manufacturers of the United States]] |
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Latest revision as of 03:37, 2 December 2024
Company type | Public |
---|---|
Industry | Automotive |
Predecessor | Henry Ford Company |
Founded | June 16, 1903Detroit, Michigan, U.S.[1] | in
Founder | Henry Ford |
Headquarters | Ford World Headquarters, Dearborn, Michigan , U.S. |
Area served | Worldwide |
Key people | |
Products | |
Production output | 4.4 million vehicles (2023) |
Brands |
|
Services |
|
Revenue | US$176.2 billion (2023) |
US$5.46 billion (2023) | |
US$4.33 billion (2023) | |
Total assets | US$273.3 billion (2023) |
Total equity | US$42.80 billion (2023) |
Owner | Ford family (2% equity; 40% voting power) |
Number of employees | 177,000 (2023) |
Divisions |
|
Subsidiaries | List
|
Website | ford |
Footnotes / references [2][3][4][5][6] |
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. The company is listed on the New York Stock Exchange and is controlled by the Ford family. They have minority ownership but a plurality of the voting power.[5][7]
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. Ford's former UK subsidiaries Jaguar and Land Rover, acquired in 1989 and 2000, respectively, were sold to the Indian automaker Tata Motors in March 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010.[8] In the third quarter of 2010, Ford discontinued the Mercury brand, under which it had marketed upscale cars in the United States, Canada, Mexico, and the Middle East since 1938.[9]
Ford is the second-largest U.S.-based automaker, behind General Motors, and the sixth-largest in the world, behind Toyota, Volkswagen Group, Hyundai Motor Group, Stellantis, and General Motors, based on 2022 vehicle production.[10] At the end of 2010, Ford was the fifth-largest automaker in Europe.[11] The company went public in 1956 but the Ford family, through special Class B shares, retain 40 percent of the voting rights.[5][12] During the 2008–2010 automotive industry crisis, the company struggled financially but did not have to be rescued by the federal government, unlike the other two major US automakers.[13][14] Ford Motors has since returned to profitability,[15] and was the eleventh-ranked overall American-based company in the 2018 Fortune 500 list, based on global revenues in 2017 of $156.7 billion.[16] In 2023, Ford produced 4.4 million automobiles, and employed about 177,000 employees worldwide. The company operates joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), and Turkey (Ford Otosan). Ford owns a 32% stake in China's Jiangling Motors.[17][18]
History
20th century
The Henry Ford Company was Henry Ford's first attempt at a car manufacturing company and was established on November 3, 1901. This became the Cadillac Motor Company on August 22, 1902, after Ford left with the rights to his name.[19] In 1903, the Ford Motor Company was launched in a converted factory, with $28,000, equivalent to $950,000 in 2023, in cash from twelve investors, most notably John and Horace Dodge, who later founded the Dodge Brothers Motor Vehicle Company.
The first president was not Ford, but local banker John S. Gray, who was chosen in order to assuage investors' fears that Ford would leave the new company the way he had left its predecessor. During its early years, the company produced just a few cars a day at its factory on Mack Avenue and later at its factory on Piquette Avenue in Detroit, Michigan. Groups of two or three men worked on each car, assembling it from parts made mostly by supplier companies contracting for Ford. Within a decade the company led the world in the expansion and refinement of the assembly line concept, and Ford soon brought much of the part production in-house, via vertical integration.
Henry Ford was 39 years old when he founded the Ford Motor Company, which became one of the world's largest and most profitable companies. It has been in continuous family control for over 100 years, and is one of the largest family-controlled companies in the world.[20]
The first gasoline-powered automobile was created in 1885 by the German inventor Karl Benz, with his Benz Patent-Motorwagen. More efficient production methods were needed to make automobiles affordable for middle class people. To which Ford contributed by, for instance, introducing the first moving assembly line in 1913 at the Ford factory in Highland Park.[21]
Between 1903 and 1908, Ford produced the Models A, B, C, F, K, N, R, and S. Hundreds or a few thousand of most of these were sold per year. In 1908, Ford introduced the mass-produced Model T, which totaled millions sold over nearly 20 years. In 1927, Ford replaced the T with the Model A, the first car with safety glass in the windshield.[22] Ford launched the first low-priced car with a V8 engine in 1932.[23]
In an attempt to compete with General Motors' mid-priced Pontiac, Oldsmobile, and Buick, Ford created the Mercury in 1939 as a higher-priced companion car to Ford. Henry Ford purchased the Lincoln Motor Company in 1922,[24] in order to compete with such brands as Cadillac and Packard for the luxury segment of the automobile market.[25]
In 1929, Ford was contracted by the government of the Soviet Union to set up the Gorky Automobile Plant in Russia initially producing Ford Model A and AAs, thereby playing an important role in the industrialization of that country and consequently the Soviet war effort during World War II.[26] To that end, in 1944, Stalin wrote a letter to the U.S. Chamber of Commerce stating that Henry Ford was "one of the world's greatest industrialists".[27]
During World War II, the United States Department of War picked Ford to mass-produce the Consolidated B-24 Liberator bomber at its Willow Run assembly plant.[28] Ford Werke and Ford SAF, Ford's subsidiaries in Germany and France, respectively, produced military vehicles and other equipment for Nazi Germany's war effort. Some of Ford's operations in Germany at the time were run using forced labor.
The creation of a scientific laboratory in Dearborn, Michigan, in 1951, doing unfettered basic research, led to Ford's involvement in superconductivity research. In 1964, Ford Research Labs made a key breakthrough with the invention of a superconducting quantum interference device or SQUID.[29]
Ford offered the Lifeguard safety package from 1956, which included such innovations as a standard deep-dish steering wheel, optional front, and, for the first time in a car, rear seatbelts, and an optional padded dash.[30] Ford introduced child-proof door locks into its products in 1957, and, in the same year, offered the first retractable hardtop on a mass-produced six-seater car.[31]
In late 1955, Ford established the Continental division as a separate luxury car division. This division was responsible for the manufacture and sale of the famous Continental Mark II. At the same time, the Edsel division was created to design and market that car starting with the 1958 model year. Due to limited sales of the Continental and the Edsel disaster, Ford merged Mercury, Edsel, and Lincoln into "M-E-L," which reverted to "Lincoln-Mercury" after Edsel's November 1959 demise.[31]
The Ford Mustang was introduced on April 17, 1964, during the 1964 New York World's Fair, where Ford had a pavilion made by The Walt Disney Company.[32][33] In 1965, Ford introduced the seat belt reminder light.[34]
With the 1980s, Ford introduced several highly successful vehicles around the world. During the 1980s, Ford began using the advertising slogan, "Have you driven a Ford, lately?" to introduce new customers to their brand and make their vehicles appear more modern. In 1990 and 1994, respectively, Ford also acquired Jaguar Cars and Aston Martin.[35] During the mid-to-late 1990s, Ford continued to sell large numbers of vehicles, in a booming American economy with a soaring stock market and low fuel prices.[36]
With the dawn of the new century, legacy health care costs, higher fuel prices, and a faltering economy led to falling market shares, declining sales, and diminished profit margins. Most of the corporate profits came from financing consumer automobile loans through Ford Motor Credit Company.[37]
21st century
By 2005, both Ford and GM's corporate bonds had been downgraded to junk status[38] as a result of high U.S. health care costs for an aging workforce, soaring gasoline prices, eroding market share, and an overdependence on declining SUV sales. Profit margins decreased on large vehicles due to increased "incentives" (in the form of rebates or low-interest financing) to offset declining demand.[39] In the latter half of 2005, Chairman Bill Ford asked newly appointed Ford Americas Division President Mark Fields to develop a plan to return the company to profitability. Fields previewed the plan, named The Way Forward, at the board meeting of the company on December 7, 2005, and it was unveiled to the public on January 23, 2006. "The Way Forward" included resizing the company to match market realities, dropping some unprofitable and inefficient models, consolidating production lines, closing 14 factories and cutting 30,000 jobs.[40]
Ford moved to introduce a range of new vehicles, including "Crossover SUVs" built on unibody car platforms, rather than more body-on-frame chassis. In developing the hybrid electric powertrain technologies for the Ford Escape Hybrid SUV, the company licensed similar Toyota hybrid technologies[41] in order to avoid patent infringements.[42] Ford announced that it would team up with electricity supply company Southern California Edison (SCE) to examine the future of plug-in hybrids in terms of how home and vehicle energy systems will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford is to convert a demonstration fleet of Ford Escape Hybrids into plug-in hybrids, and SCE is to evaluate how the vehicles might interact with the home and the utility's electrical grid. Some of the vehicles are to be evaluated "in typical customer settings", according to Ford.[43][44]
William Clay Ford Jr., great-grandson of Henry Ford (and better known by his nickname "Bill"), was appointed executive chairman in 1998, and also became chief executive officer of the company in 2001, with the departure of Jacques Nasser, becoming the first member of the Ford family to head the company since the retirement of his uncle, Henry Ford II, in 1982. Ford sold motorsport engineering company Cosworth to Gerald Forsythe and Kevin Kalkhoven in 2004, the start of a decrease in Ford's motorsport involvement. Upon the retirement of president and chief operations officer Jim Padilla in April 2006, Bill Ford assumed his roles as well. Five months later, in September, Ford named Alan Mulally as president and CEO, with Ford continuing as executive chairman.
In December 2006, the company raised its borrowing capacity to about $25 billion, placing substantially all corporate assets as collateral.[45] Chairman Bill Ford has stated that "bankruptcy is not an option".[46] Ford and the United Auto Workers, representing approximately 46,000 hourly workers in North America, agreed to a historic contract settlement in November 2007 giving the company a substantial break in terms of its ongoing retiree health care costs and other economic issues. The agreement included the establishment of a company-funded, independently run Voluntary Employee Beneficiary Association (VEBA) trust to shift the burden of retiree health care from the company's books, thereby improving its balance sheet. This arrangement took effect on January 1, 2010. As a sign of its currently strong cash position, Ford contributed its entire current liability (estimated at US$5.5 billion as of December 31, 2009) to the VEBA in cash, and also pre-paid US$500 million of its future liabilities to the fund. The agreement also gave hourly workers the job security they were seeking by having the company commit to substantial investments in most of its factories.
The automaker reported the largest annual loss in company history in 2006 of $12.7 billion,[47] and estimated that it would not return to profitability until 2009.[48] However, Ford surprised Wall Street in the second quarter of 2007 by posting a $750 million profit. Despite the gains, the company finished the year with a $2.7 billion loss, largely attributed to finance restructuring at Volvo.[49] On June 2, 2008, Ford sold its Jaguar and Land Rover operations to Tata Motors for $2.3 billion.[50][51]
During congressional hearings held in November 2008 at Washington D.C., Ford's Alan Mulally stated that "We at Ford are hopeful that we have enough liquidity. But we also must prepare ourselves for the prospect of further deteriorating economic conditions". He went on to state that "The collapse of one of our competitors would have a severe impact on Ford" and that Ford Motor Company supported both Chrysler and General Motors in their search for government bridge loans during the 2008–2010 automotive industry crisis.[52][53] Together, the three companies presented action plans for the sustainability of the industry. Mulally stated that "In addition to our plan, we are also here today to request support for the industry. In the near-term, Ford does not require access to a government bridge loan. However, we request a credit line of $9 billion as a critical backstop or safeguard against worsening conditions as we drive transformational change in our company".[54] GM and Chrysler received government loans and financing through T.A.R.P. legislation funding provisions.[55]
On December 19, the cost of credit default swaps to insure the debt of Ford was 68 percent of the sum insured for five years, in addition to annual payments of 5 percent. That meant $6.8 million paid upfront to insure $10 million in debt, in addition to payments of $500,000 per year.[56] In January 2009, Ford reported a $14.6 billion loss in the preceding year, a record for the company. The company retained sufficient liquidity to fund its operations. Through April 2009, Ford's strategy of debt-for-equity exchanges erased $9.9 billion in liabilities (28% of its total) in order to leverage its cash position.[57] These actions yielded Ford a $2.7 billion profit in fiscal year 2009, the company's first full-year profit in four years.[58] In 2012, Ford's corporate bonds were upgraded from junk to investment grade again, citing sustainable, lasting improvements.[59]
On October 29, 2012, Ford announced the sale of its climate control components business, its last remaining automotive components operation, to Detroit Thermal Systems LLC for an undisclosed price.[60] On November 1, 2012, Ford announced that CEO Alan Mulally would stay with the company until 2014. Ford also named Mark Fields, its president of operations in the Americas, as its new chief operating officer[61] Mulally was paid a compensation of over $174 million in his previous seven years at Ford since 2006. The generous amount has been a sore point for some workers of the company.[62]
In April 2016, Ford announced a plan to modernize its Dearborn engineering and headquarters campuses through a ten-year building project. The result would see the number of Ford employees working in these areas doubling, to 24,000. During construction, some 2000 of the employees were relocated out of the campus to a temporary location in a disused section of the local shopping mall.[63] Facilities would also be altered to allow ride-sharing and electric and self-driving vehicles.[64] Estimates of the construction cost were $1.2 billion.[65]
On January 3, 2017, Ford CEO Mark Fields announced that in a "vote of confidence" because of the pro-business climate being fostered in part by President-elect Donald Trump, Ford had canceled plans to invest $1.6 billion in a new plant in Mexico to manufacture the Ford Focus; instead, the company would invest $700 million in Michigan, which it planned to use to create 700 new jobs. The Focus would now be manufactured in the existing plant in Mexico.[66]
Also in 2017, Ford began development of a new mixed-use urban campus in the Corktown neighborhood of Detroit, with its purchase, renovation, and occupation of The Factory at Michigan and Rosa Parks. The new site was expected to have a major focus on the development of autonomous vehicle and electric vehicle technology.[67] Ford later began buying up other parcels of land in Corktown including a very high-profile purchase of Michigan Central Station which is planned to become the hub of their Corktown campus, and the adjacent Roosevelt Warehouse.[68] Ford expects to move 2,500 of its employees, roughly 5 percent of its southeast Michigan workforce, to the campus with space for an additional 2,500 entrepreneurs, technology companies and partners.[69] Bill Ford envisioned the first-floor concourse of the train station to be a public gathering place with retail outlets and restaurants.[70] In February 2017, Ford Motor Co. acquired majority ownership of Argo AI, a self-driving car startup.[71]
In May 2017, Ford announced cuts to its global workforce amid efforts to address the company's declining share price and to improve profits. The company is targeting $3 billion in cost reduction and a nearly 10% reduction in the salaried workforce in Asia and North America to enhance earnings in 2018.[72][73] Jim Hackett was announced to replace Mark Fields as CEO of Ford Motor. Mr. Hackett most recently oversaw the formation of Ford Smart Mobility, a unit responsible for experimenting with car-sharing programs, self-driving ventures and other programs aimed at helping Ford better compete with Uber, Alphabet Inc. and other tech giants looking to edge in on the auto industry.[74][75]
On April 25, 2018, Ford announced that it would discontinue passenger cars in the North American market in the next four years, except for the Mustang, due to declining demand and profitability.[76] The Focus Active, a crossover SUV based on the newly unveiled fourth-generation Focus, was also intended to be marketed in the United States. Due to the vehicle being manufactured in China, Ford later announced that it would not release the Focus Active in the United States, due to tariffs imposed by the Trump administration on Chinese exports.[77][78]
In March 2020, the Detroit United Auto Workers union announced that after discussion with the leaders of General Motors, Ford, and Fiat Chrysler Automobiles, the carmakers would partially shut down factories on a "rotating" basis to mitigate the COVID-19 pandemic.[79] On March 24, representatives of Ford announced that production in the US, Canada, and Mexico would not resume on March 30 as originally planned, amid the further coronavirus pandemic spread.[80] In the first quarter of 2020, Ford's sales dropped by 15%, entailing the loss of $2 billion.[81]
With the change in the demand for the sport vehicles, on January 6, 2021, Ford reported a sales fall of 9.8% in the fourth quarter, selling 542,749 vehicles, compared to 601,862 in 2019.[82] In April 2021, Ford said that it would provide COVID-19 vaccines for its employees, who were to obtain them at the company; at the beginning the vaccination program would be in southeast Michigan, Missouri and Ohio, but it was to be expanded later on to other locations.[83]
In March 2022, Ford announced that it would restructure the company into three separate divisions. Ford Model E is to focus on electric vehicles; Ford Blue is to focus on internal combustion vehicles; and the existing commercial division is to be rebranded as Ford Pro, to focus on vehicle distribution and service.[84][6] In August 2022, Ford announced it planned layoffs of roughly 3,000 employees and contract workers, confirming earlier reporting. The cuts would mostly affect divisions in the US, Canada, and India, which Jim Farley said would allow the company to prepare for the future of electric, software-heavy vehicles.[85][86]
In February 2023, Ford announced that it was going to cut 3,800 jobs across Europe, with the job cuts mainly focusing on their German and British workforce. Ford will be cutting 2,300 jobs from Germany, 1,300 from the United Kingdom, and an additional 200 jobs in the rest of Europe, according to the head of Ford Germany, Martin Sander. The cuts will mainly be done to the company's engineers.[87] Ford also announced during the year that their electric vehicle business had lost $3 billion before taxes over the past two years and will lose a similar amount in 2023 as the company looks to significantly invest in Electric Technology. The Ford Model E is expected to be profitable by 2026.[88]
In April 2023, United Kingdom ministers approved Ford's BlueCruise technology. Because of this assisted driving technology, Ford drivers can now legally take their hands off the wheel on certain roads. Its top speed is 129 km/h (80 mph). BlueCruise uses sensors and cameras to regulate the car's speed and to keep track of speed limits and road signs. It also monitors and keeps a safe distance from other vehicles. It also comes equipped with an eye-tracking system. If the driver stops looking at the road then the car will gradually reduce its speed. This technology will initially be offered in Ford's 2023 model of the electric Mustang Mach-E SUV. According to Thatcham Research, an automotive research company, this model is not a self-driving car. It is classified as a level 2 or partial automation assistance system. This means that technology controls two or more driving aspects but still requires human driver control in cases of emergencies. The driver is still legally responsible for accidents.[89] In August 2024 Pennsylvania State Police filed charges against a driver that killed two men while using BlueCruise.[90]
In November 2024, Ford announced that it would cut 800 jobs in the UK and 2,900 in Germany to try and reduce costs.[91]
Logo history
Corporate affairs
Business trends
The key trends for the Ford Motor Company are (as of the financial year ending December 31):[92]
Revenue (US$ bn) |
Net profit (US$ bn) |
Total assets (US$ bn)[93] |
Employees (k)[94] |
Car sales worldwide (m)[95] | |
---|---|---|---|---|---|
2016 | 151 | 4.5 | 237 | 201 | 6.6 |
2017 | 156 | 7.7 | 257 | 202 | 6.6 |
2018 | 160 | 3.6 | 256 | 199 | 5.9 |
2019 | 155 | 0.04 | 258 | 190 | 5.3 |
2020 | 127 | −1.2 | 267 | 186 | 4.1 |
2021 | 136 | 17.9 | 257 | 183 | 3.9 |
2022 | 158 | −1.9 | 255 | 173 | 4.2 |
2023 | 176 | 4.3 | 273 | 177 | 4.4 |
Executive management
Members of the Ford board as of March 2023[update] are: William Clay Ford Jr. (executive chairman), Jim Farley (president and CEO), Kimberly Casiano, Alexandra Ford English (daughter of William Clay Ford Jr.), Henry Ford III (son of Edsel Ford II), William W. Helman IV, Jon Huntsman Jr., William E. Kennard, John C. May, Beth E. Mooney, John L. Thornton, John Veihmeyer, Lynn Vojvodich Radakovich, and John S. Weinberg.[96]
Jim Farley succeeded Jim Hackett as the chief executive officer of the company in August 2020; he previously served as Ford's chief operating officer. Hackett stayed in the company as an advisor until the second quarter of 2021.[97]
Ownership
Ford is mainly owned by institutional investors, who own around 60% of shares. The largest shareholders in December 2023 were:[98]
- The Vanguard Group (8.71%)
- BlackRock (7.20%)
- State Street Corporation (4.46%)
- Newport Trust (3.98%)
- Charles Schwab Corporation (2.25%)
- Geode Capital Management (1.94%)
- Fisher Investments (1.52%)
- Morgan Stanley (1.31%)
- Norges Bank (1.00%)
- Northern Trust (0.94%)
Ford Philanthropy
The Ford Philanthropy, formerly known as the Ford Motor Company Fund (also known as Ford Fund, not affiliated with the Ford Foundation), based in Dearborn, Michigan, is the philanthropic arm of the Ford Motor Company.[99] Established in 1949[100] by Henry Ford II,[citation needed] the organization is a nonprofit corporate foundation[101] financed by contributions from Ford Motor Company. In 2017, it contributed $63 million[102] to various causes[99] with a focus on education, driving safely and community building.
The Ford Driving Skills for Life program is a driver safety program aimed at teens that were developed together with the Governors Highway Safety Association and safety experts.[103] The Ford Volunteer Corps allows Ford employees and retirees to sign up for volunteering work on local projects in more than 40 countries.[104] The organization invests $18 million annually in education in the United States and around the world, but accepts applications only from nonprofit organizations registered in the U.S.[105] Education programs and scholarships include Alan Mulally Engineering Scholarship, Ford Blue Oval Scholars Program, Ford College Community Challenge (Ford C3), Ford Driving Dreams Tour, Ford Fund/Detroit Free Press Journalism Scholarship, Ford Next Generation Learning (Ford NGL), Grants to Individuals Program, HBCU Community Challenge, Smithsonian Latino Center Young Ambassadors Program, and William Clay Ford Automotive Design Scholarship.
On April 29, 2024, the Ford Fund announced its official name has changed to Ford Philanthropy.[106]
Operations
Region | share |
---|---|
United States | 66.4% |
Canada | 7.6% |
United Kingdom | 5.1% |
Mexico | 1.6% |
Other countries | 19.6% |
Ford has had manufacturing operations worldwide, including in the United States, Canada, Mexico, China, India, the United Kingdom, Germany, Turkey, Brazil, Argentina, Australia, and South Africa. Ford also helped the Soviet Union to construct Russian automaker GAZ.
North America
In May 2010, Ford reported that its sales increased 23% for the month, and that 37% of its sales came from fleet sales.[108] In June 2010, sales to individual customers at dealerships increased 13% while fleet sales rose by 32%.[109] In the first seven months of 2010, fleet sales of Ford for the same period rose 35% to 386,000 units while retail sales increase 19%.[110] Fleet sales account for 39 percent of Chrysler's sales and 31 percent for GM's.[110]
Europe
At first, Ford in Germany and Ford in Britain built different models from one another until 1965, when the Ford Transit and later the Ford Escort and the Ford Capri became common to both companies. In 1970, the Ford Taunus and the Ford Cortina came into production with a common base construction, both models being produced in left hand drive and right hand drive. Later on, the models became identical and the respective models right- and left-hand-drive exclusively. Rationalisation of model ranges meant that production of many models in the UK switched to elsewhere in Europe, including Belgium and Spain as well as Germany. The Ford Sierra replaced the Taunus and Cortina in 1982, drawing criticism for its radical aerodynamic styling, which was soon given nicknames, the "Jellymould" and "The Salesman's Spaceship".
In February 2002, Ford ended car production in the UK. It was the first time in 90 years that Ford cars had not been made in Britain, although production of the Transit van continued at the company's Southampton facility until mid-2013, engines at Bridgend and Dagenham, and transmissions at Halewood. Development of European Ford is broadly split between Dunton in Essex (powertrain, Fiesta/Ka, and commercial vehicles) and Cologne (body, chassis, electrical, Focus, Mondeo) in Germany. Ford also produced the Thames range of commercial vehicles, although the use of this brand name was discontinued with the introduction of the Ford Transit in 1965. Elsewhere in continental Europe, Ford assembles the Mondeo, Galaxy, S-Max[112] and Kuga[113] in Valencia (Spain), Fiesta in Cologne (Germany), Focus in Saarlouis (Germany), Ecosport[114] and Puma[115] in Craiova (Romania).
Ford also owns a joint-venture production plant in Turkey. Ford Otosan, established in the 1970s, manufactures the Transit Connect compact panel van as well as the "Jumbo" and long-wheelbase versions of the full-size Transit. This new production facility was set up near Kocaeli in 2002, and its opening marked the end of Transit assembly in Genk.
Another joint venture plant near Setúbal in Portugal, set up in collaboration with Volkswagen, formerly assembled the Galaxy people-carrier as well as its sister ships, the VW Sharan and SEAT Alhambra. With the introduction of the third generation of the Galaxy, Ford has moved the production of the people-carrier to the Genk plant, with Volkswagen taking over sole ownership of the Setúbal facility.
In 2008, Ford acquired a majority stake in Automobile Craiova, Romania. Starting 2009, the Ford Transit Connect was Ford's first model produced in Craiova, followed, in 2012, by low-capacity car engines and a new small class car, the B-Max.[116] In 2022, Ford Romania was acquired by Ford Otosan and in 2023, production of the Ford Transit Courier/Tourneo Courier started at the facility.[117]
Its 1959 Anglia two-door saloon was one of the most quirky-looking small family cars in Europe at the time of its launch, but buyers soon became accustomed to its looks and it was hugely popular with British buyers in particular. It was still selling well when replaced by the more practical Escort in 1967.
The third incarnation of the Ford Escort was launched in 1980 and marked the company's move from rear-wheel-drive saloons to front-wheel-drive hatchbacks in the small family car sector.
The fourth-generation Escort was produced from 1990 until 2000, although its successor—the Focus—had been on sale since 1998. On its launch, the Focus was arguably the most dramatic-looking and fine-handling small family cars on sale and sold in huge volumes right up to the launch of the next-generation Focus at the end of 2004.
The 1982 Ford Sierra—replacement for the long-running and massively popular Cortina and Taunus models—was a style-setter at the time of its launch. Its ultramodern aerodynamic design was a world away from a boxy, sharp-edged Cortina, and it was massively popular just about everywhere it was sold. A series of updates kept it looking relatively fresh until it was replaced by the front-wheel-drive Mondeo at the start of 1993.
The rise in popularity of small cars during the 1970s saw Ford enter the mini-car market in 1976 with its Fiesta hatchback. Most of its production was concentrated at Valencia in Spain, and the Fiesta sold in huge figures from the very start. An update in 1983 and the launch of an all-new model in 1989 strengthened its position in the small car market.
On October 24, 2012, Ford announced that it would close its Genk assembly plant in eastern Belgium by the end of 2014.[118]
In 2015, Ford announced that it took control of Ford Sollers, Ford's joint venture with Russian company Sollers.[119][120]
In September 2018, at the IAA Commercial Vehicles show in Hannover, Germany, Ford introduced an electric tractor-trailer concept vehicle dubbed the F-Vision, which would have Level 4 autonomous driving capability.[121]
On March 1, 2022, Ford announced that it was suspending its Sollers joint venture operation in Russia, in response to the 2022 Russian invasion of Ukraine.[122][123] On October 26, 2022, Ford sold its 49 percent share in the joint venture, and exited the Russian market,[124] adding that it retains the option to buy them back within a 5-year period "should the global situation change".[125]
East and Southeast Asia
Ford formed its first passenger-vehicle joint venture in China in 2001, six years behind GM and more than a decade after VW. It has spent as of 2013[update] $4.9 billion to expand its lineup and double production capacity in China to 600,000 vehicles. This includes Ford's largest-ever factory complex in the southwestern city of Chongqing. Ford had 2.5% of the Chinese market in 2013, while VW controlled 14.5% and GM had 15.6%, according to consultant LMC Automotive. GM outsells Ford in China by more than six-to-one.[126] Ford's presence in Asia has traditionally been much smaller, confined to Malaysia, Singapore, Hong Kong, the Philippines, and Taiwan, where Ford has had a joint venture with Lio Ho since the 1970s. Ford began assembly of cars in Thailand in 1960, but withdrew from the country in 1976, and did not return until 1995 when it formed a joint venture with Mazda called Auto Alliance.[127] Now based in the Bo-win Sub District of the Sriracha District in Chonburi, the factory still produces passenger automobiles. The factory, built in 1941 in Singapore, was soon taken over by the Japanese during the war and was the site of a surrender of the British to the Japanese, at the factory site which is now a national monument in Singapore. On April 30, 2013, Ford Motor Co. launched their car and pickup truck line in Myanmar. Previously, heavy importation taxes had stifled imported car purchases in Myanmar, but due to currency reform, lifting of previous import restrictions, and the abolishment of shadow currency, Myanmar's car market had grown in demand.[128]
South Korea
In 1967, Ford partnered with the South Korean company Hyundai, and at the new factory in Ulsan, South Korea, built the European Ford Cortina until 1974 when Hyundai introduced their all-new Hyundai Pony in 1975. Ford then developed a relationship with Korea's oldest car manufacturer Kia which built vehicles co-engineered with Mazda, later selling the Ford Festiva from 1988 to 1993, and the Ford Aspire from 1994 to 1997 for export to the United States. With the acquisition of a stake in Japanese manufacturer Mazda in 1979, Ford began selling Mazda's Familia and Capella as the Ford Laser and Telstar throughout the region, replacing the European-sourced Escort and Cortina. From 1989 to 1996, Kia imported the Mercury Sable from Ford in the U.S. and sold them in South Korea as the Kia Sable. Though the Sable was branded and marketed as a Kia, it retained the Mercury badges and emblem. Ford lost their Kia interest to Hyundai in 1998 after the 1997 Asian financial crisis. Kia had declared bankruptcy in 1997; in 1998, Hyundai Motor Company acquired 51% of the company, outbidding Ford which had owned an interest in Kia Motors since 1986.[129] After subsequent divestments,[130] Hyundai Motor Company owns less than 50% of the company but remains Kia's largest stakeholder.
As of 2020[update], Ford sells the Explorer, Mondeo, and Mustang,[131] as well as the Lincoln Aviator, Continental, Corsair, MKZ, and Nautilus in South Korea.[132]
South and West Asia
Ford India began production in 1998 at Chennai, Tamil Nadu, with its Ford Escort model, which was later replaced by the locally produced Ford Ikon in 2001. It has since added the Fusion, Fiesta, Mondeo and Endeavour models to its product line.
On March 9, 2010, Ford launched its first made-for-India compact car. Starting at ₹349,900, the Figo was Ford's first car designed and priced for the mass Indian market.[133] On July 28, 2011, Ford India signed a memorandum of understanding (MoU) with the State of Gujarat for the construction of an assembly and engine plant in Sanand and planned to invest approximately US$1 billion on a 460-acre site.[134] In 2019, the company and Mahindra & Mahindra formed a joint venture to develop, market and distribute Ford-branded vehicles in India.[135] In September 2021 Ford India announced plans to shut down both its assembly plants. The company said that it intends to maintain its parts and service network.[136]
Ford's market presence in the Middle East has traditionally been small, partly due to previous Arab boycotts of companies dealing with Israel. Ford and Lincoln vehicles are currently marketed in ten countries in the region.[137] Saudi Arabia, Kuwait, and the United Arab Emirates are the biggest markets. Ford also established itself in Egypt in 1926 but faced an uphill battle during the 1950s due to the hostile nationalist business environment.[138] Ford's distributor in Saudi Arabia announced in February 2003 that it had sold 100,000 Ford and Lincoln vehicles since commencing sales in November 1986. Half of the Ford and Lincoln vehicles sold in that country were Ford Crown Victorias.[139] In 2004, Ford sold 30,000 units in the region, falling far short of General Motors' 88,852 units and Nissan Motors' 75,000 units.
South America
In South America, Ford's primary operations are in Brazil, Argentina, and Ford Andina[140] (Colombia, Ecuador, and Venezuela). Ford employs over 18,000 people and operates seven assembly or other plants in the region.[141] In 1987, Ford Brasil and Ford Motor Argentina merged their operations with the Brazilian and Argentine operations of Volkswagen Group, forming a new joint-venture company called Autolatina with a shared model range.[142] Autolatina was dissolved in 1995.[142]
In early 2021, Ford's Brazil branch announced it would completely cease production in the country over the course of a few months.[143]
Africa
In Africa, Ford's market presence has traditionally been strongest in South Africa and neighbouring countries, with only trucks being sold elsewhere on the continent. Ford in South Africa began by importing kits from Canada to be assembled at its facility in Port Elizabeth; the company later sourced its models from the UK and Australia, with local versions of the Ford Cortina including the XR6, with a 3.0 V6 engine, and a Cortina-based 'bakkie' or pick-up, which was exported to the UK. In the mid-1980s Ford merged with a rival company, owned by Anglo American, to form the South African Motor Corporation (Samcor).[144]
Following international condemnation of apartheid, Ford divested from South Africa in 1988, and sold its stake in Samcor, although it licensed the use of its brand name to the company.[145] Samcor began to assemble Mazdas as well, which affected its product line-up and saw the European Fords like the Escort and Sierra replaced by the Mazda-based Laser[146] and Telstar.[147] Ford bought a 45 per cent stake in Samcor following the demise of apartheid in 1994, and this later became, once again, a wholly owned subsidiary, the Ford Motor Company of Southern Africa. Ford now sells a local sedan version of the Fiesta (also built in India and Mexico), and the Focus. The Falcon model from Australia was also sold in South Africa, but was dropped in 2003; the Mondeo, after briefly being assembled locally, was dropped in 2005. The Mondeo was later reintroduced in 2015, badged as the Fusion, but was dropped in 2017.[148]
Research
Ford Research and Innovation Center is the name of the technology research facilities of Ford Motor Company in
- Dearborn, Michigan
- Palo Alto, California
- Aachen, Germany
- Nanjing, China
The Ford Research and Innovation Center in Palo Alto was first opened in 2012, and in January 2015, announced plans to significantly expand its operations.[149][150][151][152]
Former operations
East and Southeast Asia
Ford decided to shut down their entire operations in Indonesia, including their dealer network by second half of 2016.[153][154]
Ford of Japan
Ford established a manufacturing facility in the port city of Yokohama in February 1925, where Model T vehicles were assembled using imported knock-down kits.[155] The factory subsequently produced 10,000 Model A's up to 1936. Production ceased in 1940 as a result of political tensions between Japan and the United States.
After World War II, Ford did not have a presence in Japan, as the Ford facility was appropriated by the Japanese Government until 1958 when property was returned as a possession of the Ford Motor Company and became a research and development location for Ford partner Mazda. In 1979, Ford acquired a 24.5% ownership stake in Mazda, and in 1982, Ford and Mazda jointly established a sales channel to sell Ford products in Japan, including vehicles manufactured in North America, at a dealership called Autorama (Japanese). The Autorama sales channel was renamed Ford Sales of Japan in 1997.[156]
Vehicles sold at Autorama locations were the North American assembled Ford Explorer, Probe (1989–1998), Mustang, Taurus (1989–1997), Thunderbird (1990–1993), Lincoln Continental, and Lincoln LS. Ford products manufactured in Europe that were sold in Japan were the Ford Mondeo, Ka, Focus, Focus C-MAX, Fiesta, and the Galaxy. Mazda manufactured Ford vehicles in Japan and sold them as Fords at the Autorama locations. They were the Ford Telstar (Mazda Capella), Laser, Festiva, Festiva Mini Wagon, Ixion (Mazda Premacy), Freda (Mazda Bongo Friendee), Spectron (Mazda Bongo), and commercial trucks J80 and the J100 (Mazda Bongo truck).
Ford increased its shareholding in Mazda to 33.4% in 1996, but as of July 2016[update], it is listed at 11%.[157] Ford did sell a small range of vehicles in Japan; as of October 2010[update], the Ford Mustang, Escape, Explorer (and Explorer pickup truck), Ford Kuga, Lincoln Navigator, Lincoln MKX, and more recently, the Ford Ecosport were available in Japan. As of February 2016[update], Ford no longer maintains a regional office in Minato, Tokyo, Japan, and sales of new cars in Japan have ended.[158][159]
Oceania
In Australia and New Zealand, the popular Ford Falcon (1960–2016) had long been considered the average family car and is considerably larger than the Mondeo, Ford's largest car sold in Europe. Between 1960 and 1972, the Falcon was based on a U.S. model of the same name, but since then has been entirely designed and manufactured in Australia until 2016, occasionally being manufactured in New Zealand. Like its General Motors rival, the Holden Commodore, the Falcon used a rear-wheel-drive layout. High-performance variants of the Falcon running locally built engines produce up to 362 hp (270 kW). A ute (short for "utility", known in the U.S. as pickup truck) version is also available with the same range of drivetrains. In addition, Ford Australia sold highly tuned limited-production Falcon sedans and utes through its performance car division, Ford Performance Vehicles until it closed in 2014.
In Australia, the Commodore and Falcon had traditionally outsold all other cars and constituted over 20% of the new car market. In New Zealand, Ford was second in market share in the first eight months of 2006 with 14.4%.[160] More recently, Ford has axed its Falcon-based LWB variant of its lineup– the Fairlane and LTD ranges. Ford discontinued the Fairlane in 2007 and LTD in 2008. Ford had announced that their Geelong engine manufacturing plant would be shut down between 2013 and 2016. They had earlier announced local manufacturing of the Focus small car starting from 2011, but instead decided to import the model from Ford's plant in Thailand.[161]
In Australia, the Laser was one of Ford Australia's most successful models and was manufactured in Ford's Homebush West plant from 1981 until the plant's closure in September 1994. It outsold the Mazda 323, despite being almost identical to it because the Laser was manufactured in Australia and Ford was perceived as a local brand.[162] According to research carried out by Ford Australia in 1984, a third of Laser buyers were unaware that the Ford model was based on the Mazda 323.[163]
In New Zealand, the Ford Laser and Telstar were assembled alongside the Mazda 323 and 626 until 1997, at the Vehicle Assemblers of New Zealand (VANZ) plant in Wiri, Auckland.[164] The Sierra wagon was also assembled in New Zealand, owing to the popularity of station wagons in that market.[165]
The scheduled closure of Ford's Australian manufacturing base in 2016 was confirmed on May 23, 2013. Headquartered in the Victorian suburb of Broadmeadows, the company had registered losses worth AU$600 million over the five years prior to the announcement. It was noted that the corporate fleet and government sales that account for two-thirds of large, local car sales in Australia are insufficient to keep Ford's products profitable and viable in Australia. The decision will affect 1200 Ford workers—over 600 employees in Geelong and more than 500 in Broadmeadows—who will lose their jobs by October 2016. The closure of Ford's plants in Norlane Geelong and Broadmeadows Melbourne occurred on October 7, 2016.[166]
Products and services
Automobiles
Ford Motor Company sells a broad range of automobiles under the Ford marque worldwide, and an additional range of luxury automobiles under the Lincoln marque in the United States. The company has sold vehicles under a number of other marques during its history. The Mercury brand was introduced by Ford in 1939, continuing in production until 2011 when poor sales led to its discontinuation.[167] In 1958, Ford introduced the Edsel brand, but poor sales led to its discontinuation in 1960. In 1985, the Merkur brand was introduced in the United States to market products produced by Ford of Europe; it was discontinued in 1989.
Ford acquired the British sports car maker Aston Martin in 1989, later selling it on March 12, 2007,[168] although retaining an 8% stake.[169][170] Ford purchased Volvo Cars of Sweden in 1999,[171] selling it to Zhejiang Geely Holding Group in 2010.
In November 2008, it reduced its 33.4% controlling interest in Mazda of Japan to a 13.4% non-controlling interest.[172] On November 18, 2010, Ford reduced their stake further to just 3%, citing the reduction of ownership would allow greater flexibility to pursue growth in emerging markets. Ford and Mazda remain strategic partners through exchanges of technological information and joint ventures, including an American joint venture plant in Flat Rock, Michigan called Auto Alliance.[173] In 2015, Ford sold its remaining 3% stake in Mazda.[174]
Ford sold the United Kingdom-based Jaguar and Land Rover companies and brands to Tata Motors of India in March 2008.
On April 25, 2018, Ford announced that it planned to phase out all but one of its North American automobile models (the Mustang will be the sole surviving model) to focus primarily on pickup trucks and SUVs. Ford had also planned to introduce an "Active" crossover version of the next-generation Focus, but canceled those plans due to tariff issues between the United States and China.[175]
Trucks
Ford has produced trucks since 1908, beginning with the Ford Model TT, followed by the Model AA, and the Model BB. Countries where Ford commercial vehicles are or were formerly produced include Argentina, Australia, Brazil, Canada (also badged as Mercury), France, Germany, India, Netherlands, Philippines, Spain (badged Ebro too), Turkey, UK (badged also Fordson and Thames), and the United States.
From the 1940s to the late 1970s, Ford's Ford F-Series was used as the base for light trucks for the North American market.
Most of these ventures are now extinct. The European one that lasted longest was the lorries arm of Ford of Britain, which became part of the Iveco group in 1986. Ford had a minority share in the new company and Iveco took over sales and production of the Ford Cargo range.[176] Ford's last significant European truck models were the Transcontinental and the Cargo. At the end of 1996, Ford sold the rights to its heavy trucks division to the Freightliner Trucks division of Daimler AG, with Ford producing the Cargo, Louisville, and Aeromax, through the 1998 model year. During the 1998 model year, Freightliner began production of its own versions of Ford-developed trucks in St. Thomas, Ontario, launching the Sterling truck brand.[177][178] Slotted between Freightliner and Western Star, Sterling trucks were produced through 2009.
Line of heavy trucks made by Ford for the North American market:
- Ford F-Series
- "Big Job" (1951–1957)
- "Super Duty/Extra Heavy Duty (1958–1962)
- Ford N-Series (1963–1969)
- Ford L-Series trucks (1970–1998)
- aka Ford "Louisville Line"
- Ford Aeromax (1988–1998)
- Ford Louisville (1996–1998)
- Sterling (1998–2009)
- Ford C-Series (1957–1990)
- Ford Cargo/CF-Series (1986–1997)
- Ford H-Series (1961–1966)
- aka "Two-story Falcon"
- Ford W-Series (1966–1977)
- Ford CL-Series (1978–1995)
For 1999, Ford briefly withdrew from production of medium-duty trucks. For the 2001 model year, the company entered into a joint venture with Navistar International (the supplier of diesel engines for 1-ton F-Series trucks), named Blue Diamond Truck Company LLC.[179] As part of the joint venture, sharing a common truck chassis, the two companies would produce medium-duty (Class 6–7) trucks in a Navistar facility in Mexico, with each manufacturer supplying its own powertrain and bodywork, with the Ford F-650/F-750 Super Duty and International 4000/DuraStar sharing an assembly line. In 2006, the joint venture debuted the Ford LCF/International CityStar.[180] Using a modified F-Series chassis adopted to fit a Mazda Titan cab, the LCF was a low-cab forward truck that was sold through 2009.[181]
In Europe, Ford manufactures the Ford Transit jumbo van, which is classed as a Large Goods Vehicle and has a payload of up to 2,265 kg; there are options of a panel van, pickup or chassis cab. The Ford Transit is also available as a light van called the Ford Transit Connect and the Ford Ranger pickup is available.[182]
Buses
Ford manufactured complete buses in the company's early history, but today the role of the company has changed to that of a second stage manufacturer. In North America, the E-Series is still used as a chassis for small school buses and the F-650 is used in commercial bus markets. In the 1980s and 1990s, the medium-duty B700 was a popular chassis used by school bus body manufacturers including Thomas Built, Ward, and Blue Bird, but Ford lost its market share due to industry contraction and agreements between body manufacturers. Older bus models included:
Prior to 1936, Ford buses were based on truck bodies:
- Model B – 1930s
- Model T – 1920s
- F-105 school bus
In 1936, Ford introduced the Ford Transit Bus, a series of small transit buses with bodies built by a second party. Originally a front-engine design, it was modified to a rear-engine design in 1939. About 1,000 to 1,200 of the original design were built, and around 12,500 of the rear-engine design, which was in production until 1947[183] (rebranded as the Universal Bus in 1946).
Rear-engine Transit Bus chassis model numbers:[184]
- 09-B/19-B City transit bus – 1939–1941
- 19-B/29-B City transit bus – 1941–1942
- 49-B/79-B City transit bus – 1944–1947
- 69-B City transit bus – 1946–1947
- 29-B City transit bus – 1946–1947
- 72-T transit bus – 1944–1945
After 1946 the Transit City bus was sold as the Universal Bus with the roof changed from fabric/wood to all-metal:
- 79-B Universal transit bus – 1946–1947
Succeeding the Ford Transit Bus was the Ford 8M buses:
- 8MB transit bus – with Wayne Works 1948–?
Following World War II and from the 1950s onwards, Ford lost out to General Motors.[184] This led to the end of transit buses for Ford in North America.
- B500 or B-series – 1950–1990s based on Ford F-series truck chassis used by school bus body manufacturers
In Europe, Ford manufactures the Ford Transit Minibus which is classed in Europe as a Passenger Carrying Vehicle and there are options of 12-, 15-, or 17-seaters.[185] In the past, European models included:
- EM
- N-138
- D series buses (Australia)
Tractors
The "Henry Ford and Son Company" began making Fordson tractors in Henry's hometown of Springwells (later part of Dearborn), Michigan, from 1907 to 1928, from 1919 to 1932, at Cork, Ireland, and between 1933 and 1964 at Dagenham, England, later transferred to Basildon. They were also produced in Leningrad beginning in 1924.
Ford reentered the tractor market in 1939 with the Ford N-series tractors. The Ford 8N, introduced in 1947, became the most popular tractor of all time in North America. Production of the N line of models ended in 1952.
The Ford NAA tractor was introduced as an entirely new model in 1953. It was a replacement for the Ford N-Series tractors. Larger than the 8N, with a four-cylinder engine, and streamlined styling.
In 1986, Ford expanded its tractor business when it purchased the Sperry-New Holland skid-steer loader and hay baler, hay tools and implement company from Sperry Corporation and formed Ford-New Holland which bought out Versatile tractors in 1988. This company was bought by Fiat in 1993 and the name changed from Ford New Holland to New Holland. New Holland is now part of CNH Global.
Financial services
Ford offers automotive finance through Ford Motor Credit Company.
Automotive components
Ford's FoMoCo parts division sells aftermarket parts under the Motorcraft brand name. It has spun off its parts division under the name Visteon.[citation needed]
FordWorks Program
Ford Motor Company created the FordWorks program in 2016[186][187] with the aim to bring people with disabilities back into the workforce.[188] It was the first automotive program to focus on bringing people with autism in the workforce in the US. They targeted people with autism[186][187] but have expanded their criteria to people with other disabilities.[188] Ford has partnered with Upbound to broaden their hiring under the FordWorks program.[188]
Marques
Current marques
Origin | Marque | Estab. | Added | Markets |
---|---|---|---|---|
US | Ford | 1903 | 1903 | Global |
US | Lincoln | 1917 | 1922 | North America, Middle East, China, South Korea |
Former marques
Origin | Marque | Years | Markets | Fate |
---|---|---|---|---|
US | Continental[189][190] | 1956–1986 | North America | Discontinued |
US | Comet | 1960–1961 | North America | Merged with Mercury |
US | Edsel | 1957–1960 | North America | Discontinued |
US | Fordson | 1917–1964 | North America, Ireland, U.K. | Discontinued |
US | Mercury | 1939–2011 | North America, Middle East | Discontinued |
US | Merkur | 1985–1989 | North America | Discontinued |
AUS | FPV | 2002–2014 | Australia | Discontinued |
BRA | Troller | 2007–2021 | Brazil | Defunct company, plant closed by Ford Brasil |
JPN | Mazda | 1974–2015 | Global | Sold shares |
SWE | Volvo | 1999–2010 | Global | Sold to Geely |
UK | Aston Martin | 1989–2007 | Global | Sold to a private consortium |
UK | Jaguar | 1989–2008 | Global | Sold to Tata Motors |
UK | Land Rover | 2000–2008 | Global | Sold to Tata Motors |
ITA | De Tomaso | 1971–1974 | Global | Sold to Alejandro de Tomaso |
ITA | Moto Guzzi | 1973–1974 | Global | Sold to Alejandro de Tomaso |
ITA | Benelli | 1972–1974 | Global | Sold to Alejandro de Tomaso |
CAN | Meteor | 1949–1976 | Canada | Discontinued |
CAN | Monarch | 1946–1961 | Canada | Discontinued |
CAN | Frontenac | 1960 | Canada | Discontinued |
Motorsport
FIA World Championships
Along with Shelby and Chevrolet, Ford is one of only three American constructors to win titles on the international scene at the FIA World Championships. As a constructor, Ford won the World Sportscar Championship three times in 1966 (both sports prototype category and Grand Touring (GT) category), 1967 (GT category), and 1968 (sports prototype category), and at the World Rally Championship Ford won 4 World Drivers' Championships (in 1979, 1981, 2017 and 2018) as well as 4 World Manufacturers' Championships (in 1979, 2006, 2007 and 2017). As an engine supplier, Ford also won 13 Formula One World Drivers' Championships and 10 Formula One World Constructors' Championships.
Ford is also one of only three constructors to complete the Triple Crown of Motorsport (wins at the Indianapolis 500, 24 Hours of Le Mans, and Monaco Grand Prix), a feat that Ford achieved as an engine manufacturer by winning the 1968 Monaco Grand Prix.
Open-wheel racing
IndyCar
IndyCars with Ford engines first competed in 1935 using a production-based Ford V8 in the Miller-Ford racer.[191][192] A pushrod Ford V8 raced with Lotus in 1963, and Ford's first Indy win was in 1965 with a DOHC V8.[193][194] Ford motors, including the Ford-sponsored DFX engine developed by Cosworth, have won the Indianapolis 500 eighteen times.[195] On May 12, 1996, Arie Luyendyk, while driving an IndyCar powered by a Ford Cosworth XB engine, broke the Indianapolis 500 records for fastest qualification lap (237.498 mph; 382.216 km/h) and fastest qualification four-lap average (236.986 mph; 381.392 km/h).[196][197] These speed records still stand as of 2022[update].[198]
Formula Ford
Formula Ford, conceived in the UK in 1966, is an entry-level type of formula racing with wingless single-seater cars. Many of today's formula racing drivers started their car racing careers in this category.
Formula One
Ford was heavily involved in Formula One for many years and supplied engines to a large number of teams from 1967 until 2004. These engines were designed and manufactured by Cosworth, the racing division that was owned by Ford from 1998 to 2004. Ford-badged engines won 176 Grands Prix between 1967 and 2003 for teams such as Team Lotus and McLaren. Ford entered Formula One as a constructor in 2000 under the Jaguar Racing name, after buying the Stewart Grand Prix team which had been its primary 'works' team in the series since 1997. Jaguar achieved little success in Formula One, and after a turbulent five seasons, Ford withdrew from the category after the 2004 season, selling both Jaguar Racing (which became Red Bull Racing) and Cosworth (to Gerald Forsythe and Kevin Kalkhoven).[199]
Ford has announced that it will return to Formula One in 2026 following a partnership with Red Bull Powertrains, supplying power units to Red Bull Racing and their second team RB.[200]
Stock car racing
Ford is one of three manufacturers in NASCAR's three major series: the Cup Series, Xfinity Series, and Truck Series. Major teams include RFK Racing, Team Penske, Stewart-Haas Racing, and Wood Brothers Racing. Ford is represented by the Mustang GT in the Cup Series, and the Xfinity Series and by the F-150 in the Truck Series. Some of the most successful NASCAR Fords were the aerodynamic fastback Ford Torino, Ford Torino Talladega, Mercury Cyclone Spoiler II, and Mercury Montegos, and the aero-era Ford Thunderbirds. The Ford nameplate has won eight manufacturer's championships in Sprint Cup while Mercury has won one. In the Sprint Cup Series, Ford earned its 1,000th victory in the 2013 Quicken Loans 400.[201] The Ford Fusion is also used in the ARCA Racing Series.
Rally
Ford has a long history in rallying and has been active in the World Rally Championship since the beginning of the world championship, the 1973 season. Ford took the 1979 manufacturers' title with Hannu Mikkola, Björn Waldegård, and Ari Vatanen driving the Ford Escort RS1800. In the Group B era, Ford achieved success with Ford RS200. Since the 1999 season, Ford has used various versions of the Ford Focus WRC to much success. In the 2006 season, BP-Ford World Rally Team secured Ford its second manufacturers' title, with the Focus RS WRC 06 built by M-Sport and driven by "Flying Finns" Marcus Grönholm and Mikko Hirvonen.[202] Continuing with Grönholm and Hirvonen, Ford successfully defended the manufacturers' world championship in the 2007 season. Ford is the only manufacturer to score in the points for 92 consecutive races; since the 2002 season opener Monte Carlo Rally.[203]
In March 1951, the Henri Loos and Henri Berney broke the cross-Africa record of the Algiers-Cape Town Rally with a 1950 Ford V8, from Cape Town to Paris.[204][205][206]
Rallycross
Ford has competed in rallycross with its Ford Fiesta and Ford Focus. Tanner Foust won the Global RallyCross Championship in 2011 and 2012 and was runner-up in the FIA European Rallycross Championship in 2011 and 2012. Toomas Heikkinen won the Global RallyCross Championship title in 2013 and Joni Wiman won it in 2014. Other notable Ford drivers include Marcus Grönholm, Ken Block, and Brian Deegan.
Sports cars
Ford sports cars have been visible in the world of sports car racing since 1964. Most notably the Ford GT40 won the 24 Hours of Le Mans four times (in 1966, 1967, 1968 and 1969) and is the only American car to ever win overall at this prestigious event. Ford also won four titles at the World Sportscar Championship with the GT40. Swiss team Matech GT Racing, in collaboration with Ford Racing, opened a new chapter with the Ford GT, winning the Teams title in the 2008 FIA GT3 European Championship.
Ford Mustang
The Ford Mustang has arguably been Ford's most successful sports car. Jerry Titus won the 1965 SCCA Pro B National Championship with a Mustang and the model went on to earn Ford the SCCA Trans-Am Championship title in both 1966 and 1967. Ford won the Trans-Am Championship again in 1970 with Parnelli Jones and George Follmer driving Boss 302 Mustangs for Bud Moore Engineering. Ford took the 1985 and 1986 IMSA GTO Championship with Mustangs driven by John Jones and Scott Pruett before returning to Trans-Am glory with a championship in 1989 with Dorsey Schroeder. Ford dominated Trans-Am in the 1990s with Tommy Kendall winning championships in 1993, 1995, 1996, and 1997 with Paul Gentilozzi adding yet another title in 1999. In 2005 the Ford Mustang FR500C took the championship in the Rolex Koni Challenge Series in its first year on the circuit. In 2007, Ford added a victory in the GT4 European Championship. 2008 was the first year of the Mustang Challenge for the Miller Cup, a series that pits a full field of identical factory-built Ford Mustang race cars against each other. Also, in 2008, Ford won the manufacturers championship in the Koni Challenge Series and HyperSport drivers Joe Foster and Steve Maxwell won the drivers title in a Mustang GT.
Ford and Michelin teamed up to provide custom-engineered tires for the Ford Performance vehicle lineup. Ford Performance director Dave Pericak said: "That confidence extends from our upcoming racing effort at Le Mans in 2016 with the all-new Ford GT, to the Ford Performance vehicle lineup, including the Shelby GT350 and F-150 Raptor".[207]
Touring cars
Ford has campaigned touring cars such as the Mustang, Focus, Falcon, and Contour/Mondeo and the Sierra Cosworth in many different series throughout the years. Notably, Mondeo drivers finished 1, 2, and 3 in the 2000 British Touring Car Championship and Falcon drivers placed 1, 2, and 3 in the 2005 V8 Supercar Championship Series.
Drag racing
In drag racing, John Force Racing drivers John Force, Tony Pedregon, and Robert Hight have piloted Ford Mustang Funny Cars to several NHRA titles in recent seasons. Teammates Tim Wilkerson and Bob Tasca III also drive Mustangs in Funny Car.
Drifting
Ford has branched out into drifting with the introduction of the new model Mustang. Most noticeable is the Turquoise and Blue Falken Tires Mustang driven by Vaughn Gittin, Jr., (A.K.A. "JR") that produces 750 RWHP (Rear Wheel Horsepower).
Environmental initiatives
Compressed natural gas
The alternative fossil fuel vehicles, such as some versions of the Crown Victoria especially in fleet and taxi service, operate on compressed natural gas—or CNG. Some CNG vehicles have dual fuel tanks—one for gasoline, the other for CNG—the same engine can operate on either fuel via a selector switch.
Flexible fuel vehicles
Flexible fuel vehicles are designed to operate smoothly using a wide range of available ethanol fuel mixtures—from pure gasoline to bioethanol-gasoline blends such as E85 (85% ethanol and 15% gasoline) or E100 (neat hydrous ethanol) in Brazil. Part of the challenge of successful marketing alternative and flexible fuel vehicles in the U.S. is the general lack of establishment of sufficient fueling stations, which would be essential for these vehicles to be attractive to a wide range of consumers. Significant efforts to ramp up production and distribution of E85 fuels are underway and expanding.[208] Current Ford E100 Flex sold in the Brazilian market are the Courier, Ford EcoSport, Ford Fiesta, Ford Focus, and Ford Ka.
Electric drive vehicles
This section needs to be updated. The reason given is: this section did not include newer electric and hybrid models.(January 2021) |
Hybrid electric vehicles
In 2004, Ford and Toyota agreed a patent-sharing accord that granted Ford access to certain hybrid technology patented by Toyota; in exchange, Ford licensed some of its own patents to Toyota.[209][210][211] In 2004, Ford introduced the Escape Hybrid. With this vehicle, Ford was third to the automotive market with a hybrid electric vehicle and the first hybrid electric SUV to market. This was also the first hybrid electric vehicle with a flexible fuel capability to run on E85.[212] The Escape's platform mate Mercury Mariner was also available with the hybrid-electric system in the 2006 model year—a full year ahead of schedule. The similar Mazda Tribute will also receive a hybrid-electric powertrain option, along with many other vehicles in the Ford vehicle line.
In 2005, Ford announced a goal to make 250,000 hybrids a year by 2010, but by mid-2006 announced that it would not meet that goal, due to excessively high costs and the lack of sufficient supplies of the hybrid-electric batteries and drivetrain system components.[213] Instead, Ford has committed to accelerating development of next-generation hybrid-electric power plants in Britain, in collaboration with Volvo. This engineering study is expected to yield more than 100 new hybrid-electric vehicle models and derivatives.
In September 2007, Ford announced a partnership with Southern California Edison (SCE) to examine how plug-in hybrids will work with the electrical grid. Under the multimillion-dollar, multi-year project, Ford will convert a demonstration fleet of Ford Escape Hybrids into plug-in hybrids, and SCE will evaluate how the vehicles might interact with the home and the utility's electrical grid. Some of the vehicles will be evaluated "in typical customer settings", according to Ford.[43][44]
On June 12, 2008, USDOE expanded its own fleet of alternative fuel and advanced technology vehicles with the addition of a Ford Escape Plug-In Hybrid Flex-Fuel Vehicle. The vehicle is equipped with a 10-kilowatt (13 hp) lithium-ion battery supplied by Johnson Controls-Saft that stores enough electric energy to drive up to 30 miles (48 km) at speeds of up to 40 mph (64 km/h).[214] In March 2009, Ford launched hybrid versions of the Ford Fusion Hybrid and the Mercury Milan Hybrid in the United States, both as 2010 models.[215]
As of November 2014[update], Ford has produced for retail sales the following hybrid electric vehicles: Ford Escape Hybrid (2004–2012), Mercury Mariner Hybrid (2005–2010), Mercury Milan Hybrid (2009–2010), Ford Fusion Hybrid (2009–present), Lincoln MKZ Hybrid (2010–present), Ford C-Max Hybrid (2012–present), and Ford Mondeo Hybrid (2014–present). By June 2012, Ford had sold 200,000 full hybrids in the U.S. since 2004,[216] and, as of September 2014[update], the carmaker has sold over 344,000 hybrids in the United States.[216][217][218][219] The top selling hybrids in the U.S. market are the Fusion Hybrid with 127,572 units, followed by Escape Hybrid with 117,997 units, and the C-Max Hybrid with 54,236.[217][218][219][220][221] As of November 2014[update], Ford is the world's second-largest manufacturer of hybrids after Toyota Motor Corporation, with 400,000 hybrid electric vehicles produced since their introduction in 2004.[222]
Plug-in electric vehicles
As of April 2024[update], Ford currently produces the following plug-in electric vehicles: the Ford Escape/Kuga PHEV, Ford Ranger PHEV, Ford Mustang Mach-E, Ford F-150 Lightning, Ford Explorer EV (Europe), Ford E-Transit/Tourneo Courier, Ford E-Transit Custom and the Ford E-Transit.
Bill Ford was one of the first top industry executives to make regular use of a battery electric vehicle, a Ford Ranger EV, while the company contracted with the United States Postal Service to deliver electric postal vans based on the Ranger EV platform. Ford discontinued a line of electric Ranger pickup trucks and ordered them destroyed, though it reversed in January 2005, after environmentalist protest.[223] The all-electric pickup truck leased 205 units to individuals and 1,500 units to fleets in the U.S. from 1998 to 2002.[224][225]
From 2009 to 2011, Ford offered the Ford TH!NK car. Ford ended production and ordered all the cars repossessed and destroyed, even as many of the people leasing them begged to be able to buy the cars from Ford. After an outcry from the lessees and activists in the U.S. and Norway, Ford returned the cars to Norway for sale.[226] Four hundred and forty units were leased in the U.S. from 1999 until 2003.[225]
In 2017, Ford CEO Mark Fields announced that the company would invest $4.5 billion in further development of plug-in electric vehicles by 2020.[227]
The 2010–2012 Azure Transit Connect Electric is an all-electric van that was developed as a collaboration between Azure Dynamics and Ford Motor Company, but Azure was the official manufacturer of record.[228]
The 2011–2018 Ford Focus Electric is based on the third-generation Focus internal combustion vehicle, converted to an all-electric propulsion system as a production electric car by Magna International, and retail sales began in the U.S. in December 2011.[229][230]
The 2012–2017 Ford C-Max Energi is a plug-in hybrid released in the U.S. in October 2012.[231] It is followed by the Ford Fusion Energi that was produced in 2013–2020.[232][233] Both Energi models share the same powertrain technology.[231]
In October 2017, Ford announced its Team Edison battery electric vehicle group to lead the company's renewed efforts into the EV market, which had plans for a small 300-mile range SUV by 2020.[234] The new team will be headquartered in Detroit and have offices in Europe and Asia.[235]
On November 17, 2019, the Mustang Mach-E was introduced which later went on sale December 2020 as a 2021 model.[236][237] The Mustang Mach-E is assembled at Cuautitlán Assembly in Cuautitlán Izcalli, Mexico.[238] According to former Ford CEO Jim Hackett, assembling the vehicle in Mexico allows Ford to make a profit from the first vehicle, unlike other electric vehicles. In June 2022, the CFO of Ford announced that the Mustang Mach-E was no longer profitable due to increases in the cost of raw materials.[239]
On May 19, 2021, Ford revealed a new electric pickup truck, the F-150 Lightning.[240] The first F-150 Lightning was manufactured on April 18, 2022, with first delivery in the US on May 26.[241] Ford adjusted its 2024 production plans for the F-150 Lightning, cutting them in half from an anticipated 3,200 weekly units to around 1,600 weekly units due to sales below expectations.[242] In 2022, Ford began manufacturing its E-Transit electric cargo vans at its plant in Kansas City, Missouri.[243]
As the result of 2019 Ford-VW global alliance cooperation agreement,[244] Ford began developing electric vehicles for the European market using the Volkswagen Group MEB platform along with batteries supplied by Volkswagen. The first Ford product based on the MEB is the Ford Explorer EV, which was introduced in March 2023. It is produced in the Cologne plant in Germany, which previously manufactured the Fiesta small car.[245] In August 2023, Ford delayed the Explorer EV deliveries to 2024 due to new battery regulations.[246]
In March 2022, Ford increased its focus in battery electric vehicles by establishing Ford Model E, a division for Ford's electric vehicle business. Ford Model E is expected to be profitable by 2026, and the company said the division "should be seen as a startup".[84][6][88] In June 2022, Ford announced its intention to restructure its dealership model, including building an e-commerce platform where customers can buy electric vehicles at non-negotiable prices in an effort to match Tesla"s profit margins.[247] Ford also stated in June 2022 that it planned to spend $3.7 billion to hire 6,200 union workers to staff several assembly plants in Michigan, Ohio and Missouri in a bid to sell 2 million electric vehicles annually by 2026.[247]
In May 2023, Ford announced its plans to integrate the North American Charging System (NACS) system into their electric vehicles, following Tesla's decision to open and rename its proprietary charging standard to NACS. Newly built Ford electric vehicles after 2024 will have native NACS charging ports on the vehicle. Existing Ford electric models will be able to connect to the NACS system and its chargers by use of an adapter. Both will thus have access to the extensive NACS charging network with more than 12,000 chargers in North America.[248]
Hydrogen
Ford also continues to study fuel cell-powered electric powertrains and has demonstrated hydrogen-fueled internal combustion engine technologies, as well as developing the next-generation hybrid-electric systems. Compared with conventional vehicles, hybrid vehicles and/or fuel cell vehicles decrease air pollution emissions as well as sound levels, with favorable impacts upon respiratory health and decrease of noise health effects.
Ford has launched the production of hydrogen-powered shuttle buses, using hydrogen instead of gasoline in a standard internal combustion engine, for use at airports and convention centers.[249] At the 2006 Greater Los Angeles Auto Show, Ford showcased a hydrogen fuel cell version of its Explorer SUV. The Fuel cell Explorer has a combined output of 174 hp (130 kW). It has a large hydrogen storage tank which is situated in the center of the car taking the original place of the conventional model's automatic transmission. The centered position of the tank assists the vehicle reach a notable range of 350 miles (563 km), the farthest for a fuel cell vehicle so far. The fuel cell Explorer the first in a series of prototypes partly funded by the United States Department of Energy to expand efforts to determine the feasibility of hydrogen-powered vehicles. The fuel cell Explorer is one of several vehicles with green technology being featured at the L.A. show, including the 2008 Ford Escape Hybrid, PZEV emissions compliant Fusion and Focus models and a 2008 Ford F-Series Super Duty outfitted with Ford's clean diesel technology.
Increased fuel efficiency
In July 2008, Ford Motor Company announced that it would accelerate its plans to produce more fuel-efficient cars, changing both its North American manufacturing plans and its lineup of vehicles available in the United States. In terms of North American manufacturing, the company planned to convert three existing pickup truck and sport utility vehicle (SUV) plants for small car production, with the first conversion at its Michigan Truck Plant. In addition, Ford's assembly plants near Mexico City, Mexico, and in Louisville, Kentucky, were to be converted from pickups and SUVs to small cars, including the Ford Fiesta, by 2011. Ford then also planned to introduce to North America six of its European small vehicles, including two versions of the Ford Fiesta, by the end of 2012.[250]
Ford of Europe developed the ECOnetic programme to address the market and legislative need for higher fuel efficiency and lower CO2 emissions. As opposed to the hybrid engine technology used in competitor products such as the Toyota Prius, ECOnetic improves existing technology. Using lower-consuming Duratorq TDCi diesel engines, and based on a combination of improved aerodynamics, lower resistance, and improved efficiency, the Ford Fiesta was the lowest-emitting mass-produced car in Europe[251] while the 2012 Ford Focus ECOnetic will have better fuel consumption than the Prius or the Volkswagen Golf BlueMotion.[252] ECOnetic is not presently planned to be sold in North American due to current perceived lower consumer demand.[253]
Ford has challenged University teams to create a vehicle that is simple, durable, lightweight, and comes equipped with a base target price of only $7,000. The students from Aachen University created the "2015 Ford Model T".[254][255]
In 2000, under the leadership of the current Ford chairman, William Clay Ford, the company announced[256] a planned 25 percent improvement in the average mileage of its SUVs—to be completed by the 2005 calendar year. In 2003, Ford announced that competitive market conditions and technological and cost challenges would prevent the company from achieving this goal.[257]
For the 2007 model year, Ford had thirteen U.S. models that achieve 30 miles per gallon or better (based on the highway fuel economy estimates of the EPA) and several of Ford's vehicles were recognized in the EPA and Department of Energy Fuel Economy Guide for best-in-class fuel economy. Ford claimed to have eliminated nearly three million pounds of smog-forming emissions from their U.S. cars and light trucks over the 2004 to 2006 model years.[258] However, the United States Environmental Protection Agency has linked Ford to 54 Superfund toxic waste sites, twelve of which have been cleaned up and deleted from the list.[259]
Efficient buildings
As part of a renovation of the Ford River Rouge Complex, in 2010 Ford unveiled a 10.4-acre (42,000 m2) living roof covering part of the Dearborn Truck plant, consisting of sedum, a low-growing groundcover. The sedum retains and cleanses rainwater and moderates the internal temperature of the building, saving energy.[260]
In 2016, Ford announced a ten-year renovation plan for its Dearborn campus.[261] The plan features consolidation of office and lab spaces in to fewer and much larger buildings, which will be built to LEED standards, and will feature extensive use of wetlands and park spaces.[262][263] The new campus features new multi-story parking decks with solar power-generating roofs,[264] and a new natural gas power plant. The DTE Ford Central Energy Plant is a 34MW combined heat-and-power plant which features a high efficiency design and LEED Gold buildings.[265]
Sponsorships
Ford sponsors numerous events and sports facilities around the U.S., most notably the Ford Center in downtown Evansville, Indiana, and Ford Field in downtown Detroit.[266]
The company has also been a major sponsor of the UEFA Champions League for over two decades, and is also a longtime sponsor of the Sky media channel's coverage of Premier League football.
Between 1994 and 1999, Ford was the main kit sponsor of German Bundesliga club 1. FC Köln.
Sales numbers
Calendar Year | US sales | Market share
of US sales[267] |
---|---|---|
1997 | 3,877,458[268] | 25.0% |
1998 | 3,922,604[269] | 24.5% |
1999 | 4,163,369[270] | 23.9% |
2000 | 4,202,820 | 23.6% |
2001 | 3,971,364 | 22.7% |
2002 | 3,623,709[271] | 21.2% |
2003 | 3,483,719 | 20.5% |
2004 | 3,331,676[272] | 19.3% |
2005 | 3,153,875 | 18.1% |
2006 | 2,901,090[273] | 17.0% |
2007 | 2,507,366 | 15.2% |
2008 | 1,988,376[274] | 14.7% |
2009 | 1,620,888[275] | 15.3% |
2010 | 1,935,462[276] | 16.4% |
2011 | 2,143,101[277] | 16.4% |
2012 | 2,250,165[278] | 15.2% |
2013 | 2,493,918[279] | 15.7% |
2014 | 2,480,942[280] | 14.7% |
2015 | 2,613,162[281] | 14.6% |
2016 | 2,614,697[282][283] | 14.6% |
2017 | 2,586,715[284] | 14.7% |
2018 | 2,497,318[284] | 14.1% |
2019 | 2,422,698[285] | 13.8% |
2020 | 2,044,744[286] | 13.7% |
2021 | 1,905,955[287] | 12.4% |
See also
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Further reading
- Bak, Richard. Henry and Edsel: The Creation of the Ford Empire (2003)
- Bardou; Jean-Pierre, Jean-Jacques Chanaron, Patrick Fridenson, and James M. Laux. The Automobile Revolution: The Impact of an Industry University of North Carolina Press, 1982
- Batchelor, Ray. Henry Ford: Mass Production, Modernism and Design Manchester U. Press, 1994
- Bonin, Huber et al. Ford, 1902–2003: The European History 2 vol Paris 2003. ISBN 2-914369-06-9 scholarly essays in English on Ford operations in Europe; reviewed in Len Holden, Len. "Fording the Atlantic: Ford and Fordism in Europe" in Business History Volume 47, #January 1, 2005, pp 122–127
- Bowman, Timothy J. Spirituality at Work: An Exploratory Sociological Investigation of the Ford Motor Company. London School of Economics and Political Science, 2004
- Brinkley, Douglas G. Wheels for the World: Henry Ford, His Company, and a Century of Progress (2003)
- Brinkley, Douglas. "Prime Mover". American Heritage 2003 54(3): 44–53. on Model T
- Bryan, Ford R. Henry's Lieutenants, 1993; ISBN 0-8143-2428-2
- Bucci, Federico. Albert Kahn: Architect of Ford Princeton Architectural Press, 1993
- Cabadas, Joseph P. River Rouge: Ford's Industrial Colossus (2004), heavily illustrated
- Dempsey, Mary A. "Fordlandia' Michigan History 1994 78(4): 24–33. Ford's rubber plantation in Brazil
- Flink, James. America Adopts the Automobile, 1895–1910 MIT Press, 1970
- Foster, Mark S. "The Model T, The Hard Sell, and Los Angeles Urban Growth: The Decentralization of Los Angeles During the 1920s." Pacific Historical Review 44.4 (November 1975): 459–84
- Halberstam, David. The Reckoning (1986) detailed reporting on decline of the auto industry. online; also
- Iacocca, Lee and William Novak. Iacocca: An Autobiography (1984)
- Jacobson, D. S. "The Political Economy of Industrial Location: the Ford Motor Company at Cork 1912–26." Irish Economic and Social History [Ireland] 1977 4: 36–55. Ford and Irish politics
- Lacey, Robert "Ford: The Men and the Machine" (Heinnemann, London) 0 414 401027 (1986)
- Levinson, William A. Henry Ford's Lean Vision: Enduring Principles from the First Ford Motor Plant, 2002; ISBN 1-56327-260-1
- Kuhn, Arthur J. GM Passes Ford, 1918–1938: Designing the General Motors Performance-Control System. Pennsylvania State University Press, 1986
- Magee, David. Ford Tough: Bill Ford and the Battle to Rebuild America's Automaker (2004)
- Maxton, Graeme P. and John Wormald, Time for a Model Change: Re-engineering the Global Automotive Industry (2004)
- May, George S. A Most Unique Machine: The Michigan Origins of the American Automobile Industry Eerdman's, 1975
- Maynard, Micheline. The End of Detroit: How the Big Three Lost Their Grip on the American Car Market (2003)
- McIntyre, Stephen L. "The Failure of Fordism: Reform of the Automobile Repair Industry, 1913–1940: Technology and Culture 2000 41(2): 269–299. repair shops rejected flat rates
- Nevins, Allan. Ford: the Times, the Man, the Company (vol 1 1954) online
- Nevins, Allan, and Frank Hill. Ford: Expansion and Challenge 1915-1933 (vol 2, 1957) online
- Nevins, Allan. Ford: Decline and rebirth, 1933-1962 (vol 3, 1963) online
- Rubenstein, James M. The Changing U.S. Auto Industry: A Geographical Analysis, Routledge, 1992
- Shiomi, Haruhito and Kazuo Wada. Fordism Transformed: The Development of Production Methods in the Automobile Industry, Oxford University Press, 1995
- Sorensen, Charles E. (1956), My Forty Years with Ford, New York: W. W. Norton, LCCN 56010854, OCLC 912748. Various republications, including ISBN 9780814332795.
- Studer-Noguez; Isabel. Ford and the Global Strategies of Multinationals: The North American Auto Industry Routledge, 2002
- Tedlow, Richard S. "The Struggle for Dominance in the Automobile Market: the Early Years of Ford and General Motors" Business and Economic History 1988 17: 49–62. Ford stressed low price based on efficient factories, but GM did better in oligopolistic competition by including investment in manufacturing, marketing, and management
- Thomas, Robert Paul. "The Automobile Industry and its Tycoon" Explorations in Entrepreneurial History 1969 6(2): 139–157. argues Ford did NOT have much influence on US industry
- Watts, Steven. The People's Tycoon: Henry Ford and the American Century (2005)
- Wik, Reynold M. Henry Ford and Grass-Roots America, University of Michigan Press, 1972. impact on farmers
- Wilkins, Mira and Frank Ernest Hill, American Business Abroad: Ford on Six Continents Wayne State University Press, 1964
- Williams, Karel, Colin Haslam and John Williams, "Ford versus 'Fordism': The Beginning of Mass Production?" Work, Employment & Society, Vol. 6, No. 4, 517–555 (1992), stress on Ford's flexibility and commitment to continuous improvements.
External links
- Official website
- Ford Motor Company records are archived at the American Heritage Center, University of Wyoming.
- Ford Motor Company companies grouped at OpenCorporates
- Business data for Ford Motor Company:
- Ford Motor Company
- 1903 establishments in Michigan
- American companies established in 1903
- Automobile culture and history in Dearborn, Michigan
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- Companies listed on the New York Stock Exchange
- Defense companies of the United States
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