ford

Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now
Ford Motor Company, commonly known as Ford, is an American multinational automaker that has its main headquarters in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in Jiangling Motors. It also has joint-ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), Turkey (Ford Otosan), and Russia (Ford Sollers). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.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; by 1914, these methods were known around the world as Fordism. Ford's former UK subsidiaries Jaguar and Land Rover, acquired in 1989 and 2000 respectively, were sold to the Indian automaker Tata Motors in March 2008. Ford owned the Swedish automaker Volvo from 1999 to 2010. In 2011, Ford discontinued the Mercury brand, under which it had marketed entry-level luxury cars in the United States, Canada, Mexico, and the Middle East since 1938.
Ford is the second-largest U.S.-based automaker (behind General Motors) and the fifth-largest in the world (behind Toyota, VW, Hyundai-Kia and General Motors) based on 2015 vehicle production. At the end of 2010, Ford was the fifth largest automaker in Europe. The company went public in 1956 but the Ford family, through special Class B shares, still retain 40 percent voting rights. During the financial crisis at the beginning of the 21st century, it struggled financially, but it has since returned to profitability. Ford was the eleventh-ranked overall American-based company in the 2018 Fortune 500 list, based on global revenues in 2017 of $156.7 billion. In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide.

View More On Wikipedia.org
  1. N

    Mislead by Salesman to Buy Car - What to Do?

    Hi Everyone, I was hoping you may be able to help me. I purchased a vehicle from a large dealership in Adelaide around 9 months ago. The car is a Ford GS. We paid $36,000 dollars. The car, however, is not a standard off the line vehicle and has had substantial work done to the engine. On...
  2. K

    NSW Faulty Ford Car - Get a Refund under Australian Consumer Law?

    I have bought a Ford Fiesta that in the last 2 months has had 6 flat batteries.Out of the last 62 days, the dealership have had it for 27 days and still don't know what is wrong with it. Am I able to get a new car or a refund on this dodgy car under Australian Consumer Law?
  3. J

    NT Unsatisfactory Service from Ford - What are My Rights?

    At the end of 2011 I purchased a brand new ute from Ford. Less than 3 months later I had large areas of paint flaking off of the vehicle. Upon taking it in to Ford was told they are stone chips, this continually went on for over a year. FInally I contacted a representative from the company PPG...
  4. M

    NSW Bought Faulty Ford Ranger from Dealer - Seek Compensation?

    On April 16 2015 I bought a used 2012 Ford Ranger from a Ford Dealer. On the 10th of July the transmission failed and the car went into limp mode. I then organized for the car to be towed back to the dealer $350. The dealer did not have a loan car for me. The car was with the dealer for 8 days...