Ford Motor Company

Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. 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.
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Some of the key events about Ford Motor Company

  • 1903
    Founded the Ford Motor Company in Detroit, Michigan
  • 1908
    Introduced the Model T, revolutionizing affordable automobile production
  • 1913
    Implemented the moving assembly line, greatly increasing production efficiency
  • 1914
    Introduced the $5 workday, doubling the average worker's pay
  • 1914
    Implemented a $5 per day wage policy that excluded women and certain minority groups
  • 1917
    Produced the first Ford truck, expanding into the commercial vehicle market
  • 1919
    Acquired and subsequently shut down the Lincoln Motor Company, eliminating competition
  • 1927
    Discontinued the highly successful Model T without an immediate replacement, causing temporary market loss
  • 1932
    Introduced the Ford V8 engine, bringing powerful engines to mass-market vehicles
  • 1941
    Began mass production of B-24 Liberator bombers for World War II effort
  • 1941
    Accused of providing material support to Nazi Germany before and during World War II
  • 1956
    Ford Credit was established, leading to concerns about predatory lending practices
  • 1964
    Launched the iconic Ford Mustang, creating the "pony car" class of American automobiles
  • 1970
    Rushed the release of the Ford Pinto, which had serious safety defects leading to fatal accidents
  • 1978
    Recalled 1.5 million Ford Pintos due to fuel tank design flaws that could cause fires in rear-end collisions
  • 1979
    Introduced the Ford Escort, the company's first front-wheel-drive car in North America
  • 1980
    Faced a class-action lawsuit over transmission problems in its 1976-1979 model cars
  • 2000
    Recalled 13 million Firestone tires used primarily on Ford Explorer SUVs due to tread separation issues
  • 2004
    Unveiled the Ford GT supercar, showcasing the company's advanced engineering capabilities
  • 2012
    Recalled over 1.1 million vehicles due to potential fuel leaks and fire hazards

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

Ford Motor Company Latest news

UK car industry faces tough choices as EV sales miss government targets

UK car industry faces tough choices as EV sales miss government targets

British auto-makers struggle with low electric-vehicle demand while government considers policy changes. Factory closures and job-cuts hit the sector as manufacturers push for tax breaks to boost sales

Business, Economics, Politics • November 28 2024 , 02:59 AM  •  480 views
Ford UK boss reveals shocking truth about electric car sales targets

Ford UK boss reveals shocking truth about electric car sales targets

Car manufacturers face tough government-set electric vehicle targets while customer interest stays low. Ford UK suggests tax-break solution as industry struggles with strict zero-emission rules

Business, Economics, Politics • November 27 2024 , 10:52 AM  •  414 views
UK government explores new path for electric car transition after industry talks

UK government explores new path for electric car transition after industry talks

British officials plan to re-examine electric vehicle rules after car-makers highlight production challenges. Business Secretary prepares to launch quick consultation process while keeping main eco-targets intact

Business, Politics • November 26 2024 , 07:15 PM  •  534 views
Cold snap creates new headache for electric car owners - heating drains battery fast

Cold snap creates new headache for electric car owners - heating drains battery fast

EV drivers face tough choice between warmth and battery life as winter hits UK. Experts suggest smart-heating tricks while Storm Bert brings freezing temps and heavy snow to Britain

Society, Business, Science • November 22 2024 , 01:26 AM  •  494 views
Ford plans big UK job cuts as electric car sales hit unexpected roadblock

Ford plans big UK job cuts as electric car sales hit unexpected roadblock

Ford announces plans to reduce its UK workforce by 800 people while scaling back electric vehicle production in Europe. The car-maker faces dropping sales and changing market conditions for battery-powered cars

Business, Economics • November 20 2024 , 03:14 PM  •  447 views
Tesla challenges Biden's new car parts policy as election day nears

Tesla challenges Biden's new car parts policy as election day nears

Tesla pushes back against White-House plan to limit Chinese tech in American cars. The dispute highlights growing tension between car-makers and government about foreign parts in US vehicles

Business, Politics • November 4 2024 , 04:33 PM  •  79 views