Used Ford Cars in Pennsylvania
The Ford Motor Company
is an American
multinational corporation based in Dearborn, Michigan, a suburb of Detroit. The
automaker was founded by Henry Ford and incorporated on June 16, 1903. In
addition to the Ford, Lincoln, and Mercury brands, Ford also owns Volvo Cars of
Sweden, and a small stake in Mazda of Japan and Aston Martin of England. Ford's
former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors of India
in March 2008.
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. Ford is currently the fourth-largest automaker in the world based on
number of vehicles sold annually, directly behind Volkswagen. In 2008, Ford
produced 5.532 million automobiles and employed about 213,000 employees at
around 90 plants and facilities worldwide. Five of Ford's vehicles ranked at the
top of their categories and fourteen vehicles ranked in the top three.
The Ford Motor Company was launched in a converted
factory in 1903 with $28,000 in cash from twelve investors, most notably John
and Horace Dodge (who would later found their own car company). Henry's first
attempt under his name was the Henry Ford Company on November 3, 1901, which
became the Cadillac Motor Company on August 22, 1902. Henry Ford was 40 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, as well as being one to
survive the Great Depression. As one of the largest family-controlled companies
in the world, the Ford Motor Company has been in continuous family control for
over 100 years.
Find Used Ford Cars in PA
Ford rode a wave of popularity in the 1990s, thanks
in part to the success of its Explorer midsize SUV. The 'ute was a hit and played
a huge role in ushering in the era of the SUV. In 1999, Ford expanded its family
yet again with the purchase of Volvo's car division, and, in 2000, it acquired
Land Rover. For awhile, there was talk of Ford even taking General Motors' spot
as the No. 1 automaker in the world.
But the new millennium has seen a downturn for
Ford. Increased competition, legacy costs and a reliance on SUVs for profit have
taken their toll. The brand has sold off Aston Martin, Jaguar and Land Rover to
cut losses. While Volvo and Mazda remain in the fold, Ford Motor Company is
attempting to claw its way back in the domestic market with better products and
marketing. The future is uncertain, but if past business cycles are any
indication, Ford will likely be seeing brighter days ahead. Find more
information on Ford Motor Company on
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