![]() During the financial crisis of 2007–08 the company struggled financially but did not have to be rescued by the federal government, unlike the other two major US automakers. The company went public in 1956 but the Ford family, through special Class B shares, still retain 40 percent of the voting rights. At the end of 2010, Ford was the fifth-largest automaker in Europe. 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.įord is the second-largest U.S.-based automaker (behind General Motors) and the fifth-largest in the world (behind Toyota, Volkswagen, Hyundai and General Motors) based on 2015 vehicle production. Ford owned the Swedish automaker Volvo from 1999 to 2010. Ford's former UK subsidiaries Jaguar and Land Rover, acquired in 19 respectively, were sold to the Indian automaker Tata Motors in March 2008. įord 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. 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. It also has joint ventures in China ( Changan Ford), Taiwan ( Ford Lio Ho), Thailand ( AutoAlliance Thailand), Turkey ( Ford Otosan), and Russia ( Ford Sollers). Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in China's Jiangling Motors. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. It was founded by Henry Ford and incorporated on June 16, 1903. Please contact your nearest approved Dealer or the Customer Relations Centre to confirm specific features, applicable terms and the non-binding retail prices of vehicles recommended by FMCSA in effect at the time of purchase.Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. Note that the actual fuel consumption and emissions levels will depend on many factors including individual driving habits, prevailing conditions and vehicle equipment, condition and use. Fuel consumption and CO2 emissions figures are used to compare different vehicle types under uniform conditions and are not necessarily indicative of real-life driving conditions. ![]() The declared fuel consumption and CO2 emission figures were achieved during technical laboratory testing in accordance with the legislated technical specifications (SANS 20101: 2006 / ECE R101: 2005). The recommended retail price includes VAT and Environment Tax (Environment Tax includes CO2 Emission Tax and Tyre Tax) but excludes Dealer delivery and related charges. All prices shown are recommended retail prices, which are not binding on FMCSA or the Dealer network. Such changes may affect vehicle pricing and vehicle content. FMCSA reserves the right to make changes at any time, without notice, to the colours, material, equipment, specifications and models, and is not responsible for typographical errors. Left-hand drive models may be shown for illustrations purposes only.Īll information, specifications and illustrations are based on the latest product information available at the time of publication. Visuals may show specifications, accessories and options not available in South Africa. The information contained in this website is an overview intended for awareness purposes only.
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