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Ford Motor Company

From Simple English Wikipedia, the free encyclopedia
"Ford" redirects here. For other uses, see Ford (disambiguation).
Ford Motor Company
Company typePublic
IndustryAutomotive
FoundedJune 16, 1903; 121 years ago (1903-06-16)[1]
FounderHenry Ford
Headquarters
Dearborn, Michigan
,
U.S.
Area served
Worldwide
Key people
Products
Production output
Decrease 6.0 million vehicles (2018)[2]
Services
RevenueIncrease US$160.33 billion (2018)[2]
Decrease US$3.27 billion (2018)[2]
Decrease US$3.67 billion (2018)[2]
Total assetsDecrease US$256.54 billion (2018)[2]
Total equityDecrease US$35.93 billion (2018)[2]
Owners
Number of employees
199,000 (December 2018)[2]
Divisions
Subsidiaries
List
Websiteford.com

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

History

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

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

Mass production on the line

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

Early growth

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

Former production vehicles

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Current production vehicles

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Body style Model Current generation Vehicle description
Image Name(s) Introduction
(cal. year) 		Introduction
(cal. year) 		Facelift Main markets
Hatchback Focus 1998 2018 2021 Europe C-segment / small family compact hatchback predominantly sold in Europe. Expected to be discontinued in 2025.
Sedan Mondeo/
Taurus 		1992 2022 — China and Middle East D-segment/Large family/mid-size sedan and liftback currently marketed in China. Marketed as the Taurus in the Middle East.
Station wagon Focus 1998 2018 2021 Europe Station wagon version of the Focus.
Sports car Mustang 1964 2022 – Global Long-running pony/muscle car. Available in coupé and convertible body styles.
SUV/
crossover 		Bronco 1965 2020 — Americas, Europe and Middle East Off-road oriented mid-size body-on-frame SUV. Available in three-door and five-door configurations.
Bronco Sport 2020 2020 — Americas and Middle East Retro-styled compact crossover SUV using the Bronco nameplate.
Capri EV 2024 2024 — Europe Battery electric C-segment/compact crossover for the European market, based on the Volkswagen Group MEB platform.
Edge 2006 2023 — China D-segment/Mid-size crossover marketed in China and manufactured by Changan Ford.
Equator 2021 2021 2024 China Three-row mid-size crossover marketed in China and manufactured by JMC-Ford.
Escape 2000 2019 2022 Americas, Europe, Australasia C-segment/compact crossover SUV marketed globally. Escape (global nameplate) and Kuga (Europe) was a separate model up to 2012 when the model was merged. Hybrid and plug-in hybrid powertrains are optional.
Kuga 2008
Everest 2003 2022 — Asia-Pacific, Africa and Middle East Mid-size body-on-frame SUV based on the Ranger.
Expedition 1996 2025 — Americas and Middle East Full-size body-on-frame SUV. Also available with a longer body variant called the Expedition Max.
Explorer 1990 2019 2022 Americas, Europe, Middle East and Asia Three-row mid-size crossover SUV. Also available as a police fleet vehicle called the Police Interceptor Utility. Hybrid and plug-in hybrid powertrains are optional.
Explorer EV 2024 2024 — Europe Battery electric compact crossover for the European market, based on the Volkswagen Group MEB platform.
Mondeo Sport 2021 2021 — China Low-slung mid-size crossover marketed in China and manufactured by Changan Ford. Marketed as the Ford Evos before 2024.
Mustang
Mach-E 		2020 2020 — Global Battery electric compact crossover using the Mustang nameplate.
Puma 2019 2019 2024 Europe and Australasia B-segment/subcompact crossover SUV based on the Fiesta marketed in Europe and Australasia.
Territory / Equator Sport 2018 2022 2024 Asia, Africa, Middle East and South America Compact crossover SUV manufactured by JMC-Ford joint venture in China, and exported to emerging countries.
Pickup
truck
F-Series 1948 2020 2023 Americas and Middle East Full-size pickup truck mainly marketed in North America. Historically the best-selling vehicle in the United States (since 1977) and Canada. Line-up includes the F-150 pickup, F-250 through F-450 Super Duty heavy duty pickups. F-450/550 Super Duty class 4-5 trucks and F-650/750 Super Duty class 6-8 trucks are commercial chassis and cab vehicles.
F-150 Lightning 2022 2022 — North America and others Battery electric version of the fourteenth-generation Ford F-150.
Ranger 1981 2022 – Global Mid-size pickup truck sold globally. Available in single cab (except North America), space cab, and double cab configurations.
Maverick 2021 2021 — Americas Compact pickup truck sold in North America and South America. Based on a front-wheel-drive unibody platform shared with the Escape and Bronco Sport.
Transit 1965 2013 2020 Europe and Australasia Pickup version of the Transit van.
MPV/
minivan 		Tourneo Courier 2014 2022 — Europe Passenger version of the Transit Courier.
Tourneo Connect 2002 2021 — Europe Three-Row Compact MPV. Rebadged Volkswagen Caddy.
Tourneo Custom 2012 2022 — Europe Passenger version of the Transit Custom marketed in Europe.
Van Transit Courier 2014 2023 — Europe and others Small van based on Fiesta platform mainly marketed in Europe. Available as a four-door or five-door van. The passenger-focused leisure activity vehicle version is called the Tourneo Courier.
Transit Connect 2002 2022 — Europe and others Compact van based on Focus platform mainly marketed in Europe and North America. Available as a four-door or five-door van. The passenger-focused leisure activity vehicle version is called the Tourneo Connect.
Transit Custom 2012 2022 — Europe and others Mid-size van mainly marketed in Europe, Australasia and China. Available as a four-door or five-door van. The passenger-focused leisure activity vehicle version is called the Tourneo Custom. A campervan version is called the Transit Custom Nugget.
Transit 1965 2013 2020 Global Full-size, rear-wheel-drive van. Available as a cargo van, passenger van, chassis cab, and cutaway van.
Heavy commercial vehicles F-MAX 2018 2018 — Europe Heavy-duty truck developed and manufactured by Ford Otosan in Turkey. Sold in China as the JMC Weilong HV5.
Transit Cutaway 1965 2013 2020 Europe, North America and others Cutaway version of the Transit van.
E-Series Cutaway 1975 1992 2021 North America A cutaway version of the E-Series.
F-Series 1948 2015 2020 North America Commercial medium-duty and heavy-duty trucks derived from the smaller F-Series pickup trucks.
Super Duty 1999 2023 — North America Chassis-cab versions of the Super Duty pickups.

References

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