Ford Stocks Price Today (F)
2022.12.29 10:32
The Ford Motor Company, more commonly referred to as Ford, is a multinational automobile manufacturer based in Dearborn, Michigan, USA. It was established on June 16, 1903, and Henry Ford was its founder. The Ford brand is used to sell cars and trucks, and the Lincoln luxury brand is used to sell luxury cars.
Additionally, Ford owns a 32 percent stake in Jiangling Motors in China, an 8 percent stake in Aston Martin in the United Kingdom, and the SUV manufacturer Troller in Brazil. Additionally, it has joint ventures in Turkey (Ford Otosan) and Thailand (AutoAlliance Thailand), as well as in China (Changan Ford). The Ford family owns and operates the business, which is listed on the New York Stock Exchange; Despite having a small stake in the company, they hold the majority of the vote.
Ford developed elaborately engineered manufacturing sequences, such as moving assembly lines, for large-scale car manufacturing and industrial workforce management. By 1914, these practices were worldwide referred to as Fordism. In March of 2008, Tata Motors, an Indian automaker, purchased Ford’s former UK subsidiaries Jaguar and Land Rover, which it had acquired in 1989 and 2000, respectively.
From 1999 to 2010, Volvo, a Swedish automaker, was owned by Ford. Since 1938, Ford had been selling entry-level luxury cars under the Mercury brand in the United States, Canada, Mexico, and the Middle East. In 2011, Ford stopped selling Mercury cars.