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.

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