The Ford Motor Company Was Founded in 1903 by Henry Ford. It Is a Public Company
The Ford Motor Company was founded in 1903 by Henry Ford. It is a public company that is also global; distributing consumer goods in the Automotive and Transportation industry to include not only vehicles but vehicular motor parts as well as financial aspects to dealerships to offer contracts to distribute goods with the ability of installment payments. As the Ford Motor Company started out with only ten employees, it has grown to employ over 350,000 employees worldwide, this is to include being employed in all fields such as company offices, laboratories, or manufacturing facilities as well as dealerships. Since 1970, the Ford Motor Corporation has created thousands of jobs for its home based area and contributes to the flourishing community of Dearborn, Michigan. Ford Motors is equally dedicated to many of its employee’s albeit across the nation or globally. (Hatfield, 2012) As Ford is the second largest automaker in the U.S. and the fifth largest in the world based on annual vehicle sales for 2010, this company’s revenue intake exceeded 128 billion dollars for that year. Accordingly, it is reported that for sales in the year 2011, revenues excelled the previous years with an intake of 136.26 billion dollars with a gross income of 28.22 billion. (NYSE, 2012) The Ford Motor Company’s parent company is based in Dearborn, Michigan however; Ford manufactures or distributes automobiles across six continents with about 166,000 employees and approximately 70 plants worldwide. The size of this profitable company is massive with expansion into the global economy in these following countries: Australia, Europe, Brazil, Netherlands, Norway, Denmark, New Zealand, Ireland, France, Thailand, England, Portugal, Malaysia, Germany, Venezuela, Argentina, Turkey, Belgium, Vietnam, Russia, Philippines, South Africa, Taiwan, Wales, Romania, And the United States of America. In continuing to describe the Ford Motor Company, it’s CEO and President is Alan R. Mulally who is
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