| Ford Motor Company: Quick Facts! Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles in 200 markets across six continents. With more than 280,000 employees and more than 100 plants worldwide, the company’s core and affiliated automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mercury, Volvo, Aston Martin and Mazda. The company provides financial services through Ford Motor Credit Company
Ford Motor Company was incorporated in Delaware in 1919. The Company acquired the business of a Michigan company, also known as Ford Motor Company that has been incorporated in 1903 to produce and sell automobiles designed and engineered by Henry Ford. The Company is now the producers of cars and trucks combined. The Company with its subsidiaries is also engaged in other businesses, including financing vehicles. The Company's two business sectors are Automotive and Financial Services. In Automotive Sector the three reportable segments are : The Americas, primarily includes the sale of Ford, Lincoln and Mercury brand vehicles and related service parts in North America and Ford-brand vehicles and related service parts in South America; Ford Europe and Automotive Group, primarily includes the sale of Ford-brand vehicles and related service parts in Europe and Turkey and the sale of Automotive Group brand vehicles and related service parts throughout the world; and Ford Asia Pacific and Africa/Mazda, primarily includes the sale of Ford-brand vehicles and related service parts in the Asia Pacific region and South Africa. In Financial Services the one reportable segment is Ford Motor Credit Company, which primarily includes vehicle-related financing, leasing, and insurance. The Company sells cars and trucks throughout the world. In 2005, the Company sold approximately 6,818,000 vehicles throughout the world. The Company's automotive vehicle brands include Ford, Mercury, Lincoln, Volvo, Land Rover, Jaguar and Aston Martin. Ford Motor Credit Company offers a variety of automotive financing products to and through automotive dealers throughout the world. The predominant share of Ford Credit's business consists of financing its vehicles and supporting its dealers. Ford Credit's primary financial products fall into the following three categories: Retail financing- purchasing retail installment sales contracts and retail lease contracts from dealers, and offering financing to commercial customers, primarily vehicle leasing companies and fleet purchasers, to purchase or lease vehicle fleets; Wholesale financing- making loans to dealers to finance the purchase of vehicle inventory, also known as floorplan financing; and Other financing- making loans to dealers for working capital, improvements to dealership facilities, and the acquisition and refinancing of dealership real estate. The Company purchases a variety of raw materials for use in the production of its vehicles from numerous suppliers around the world. These raw materials include non-ferrous metals, precious metals, ferrous metals, energy and resins. The Company owns or holds licenses to use numerous patents, copyrights and trademarks on a global basis. The Company policy is to protect its competitive position by, among other methods, filing U.S. and international patent applications to protect technology and improvements for the development of its business. As such, the Company has generated a large number of patents related to the operation of its business. The Company currently has approximately 12,000 active patents and pending patent applications globally. As of December 31, 2005, the Company employed approximately 300 employees.
Ford Motor Company
One American Road Dearborn MI 48126
Phone: (313) 322-3000
Fax: (313) 845-7512
Website
Last edited by FordFan; 03-25-2007 at 01:05 PM.
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