Ford owns a lot of companies and brands including Lincoln Motors, Ford Credit, Volvo Cars, Jaguar Land Rover, and more.
Find out all the companies owned by Ford Motor Company in this article with other crucial details about Ford.
Keep reading…
Who Owns Ford?
Ford is currently owned by the Ford Motor Company which was founded in 1903 by Henry Ford and eleven other investors.
The company has been publicly traded on the New York Stock Exchange since 1956 and is now one of the world’s largest automakers.
It is also a major American employer with over 200,000 employees worldwide.
The Ford family also still holds a controlling stake in the company.
What Companies Does Ford Own?
Ford Motor Company owns several other companies and automotive brands including:
1. Lincoln Motors
Lincoln is Ford’s luxury division and produces a range of luxury cars, crossovers, SUVs, and hybrid vehicles.
It was founded in 1917 and is now one of the oldest American automotive brands.
2. Jaguar Land Rover
Jaguar Land Rover is a British carmaker that produces premium performance cars under both the Jaguar and Land Rover marques.
Ford acquired it in 2000 and has since invested heavily in research to produce some of the most advanced vehicles on the market.
3. Volvo Cars
Volvo Cars is a Swedish automaker that is known for its focus on safety technology and reliable engineering.
It was acquired by Ford in 1999 and is now one of the most popular carmakers in Europe.
4. Ford Credit
Ford Credit provides automotive finance and leasing services to consumers all over the world.
It was established in 1959 and now operates in more than 40 countries worldwide.
When was Ford Founded?
Ford was founded on June 16, 1903, by Henry Ford and eleven investors.
The company’s first vehicle, the Model A, was released in 1903 and went on to become one of the most successful vehicles of its time.
Since then, Ford has gone on to produce some of the world’s most iconic cars such as the Mustang and F-150 pickup truck.
Who is the CEO of Ford?
The current CEO of Ford is Jim Farley, who was appointed to the position in October 2020.
Farley has a long history with the company, having previously served as chief operating officer and president of global markets before taking up his current role as CEO.
He is the third CEO of Ford since 2015.
What is the Net Worth of Ford?
As of July 2023, Ford’s net worth is estimated to be around $53 billion.
The company has seen a slight increase in its net worth over the past few years due mainly to strong sales and new products such as the Mustang Mach-E electric SUV.
Where is the Headquarters of Ford?
Dearborn, Michigan is the headquarter of Ford.
The company has been headquartered in the Detroit suburb since its founding in 1903 and now operates from a sprawling campus that includes several buildings and research facilities.
What is the Annual Revenue of Ford?
Ford’s annual revenue in June 2023 for the past 12 months was $170 billion with a 14.72% YoY increase.
The company has seen a drop in sales and profits across all of its automotive divisions over the past year but is expected to bounce back strongly in 2021 as consumer demand starts to pick up again.
How Many Employees Ford Have?
Ford currently employs over 200,000 people across its global operations.
This includes employees at its automotive divisions as well as its financial services arm, Ford Credit.
The company has a presence in over 100 countries worldwide and continues to invest heavily in research and development to ensure it stays ahead of the competition.
Ford Facts
- Ford is the second-largest U.S.-based automotive manufacturer and fifth-largest in the world.
- The Ford F-150 is America’s best-selling vehicle for 42 years straight.
- Ford has won five Academy Awards for its advertising campaigns since 1999.
- Henry Ford was a pioneer in implementing assembly lines to mass-produce cars, which revolutionized the automotive industry and set a new standard for production.
- Ford produced the first hybrid vehicle in 2004, the Escape Hybrid.
- Ford’s assembly plant in Dearborn, Michigan is the oldest continuously-operating vehicle manufacturing facility in the United States.
FAQs
What Does Ford Struggle With?
Ford has struggled to adapt to changing consumer demands, particularly when it comes to electric and autonomous vehicles.
How Many Types of Cars Does Ford Make?
Ford currently produces a wide range of vehicles, from small hatchbacks to full-size SUVs, luxury vehicles, and trucks.
How Many Brands Does Ford Have?
Ford owns brands, including Ford, Lincoln, Volvo, Jaguar Land Rover, Aston Martin, and Mazda.
How Many Countries Have Ford?
Ford currently has operations in more than 100 countries across 6 continents.
Where Does Ford Rank in the World?
Ford is the fifth-largest car maker in the world.
Who is Ford’s Main Competitors?
Ford’s main competitors are General Motors, Toyota, Honda, Fiat Chrysler Automobiles, Volkswagen, and Hyundai.
What is Ford’s Cheapest Car?
The Ford Fiesta is the company’s cheapest car with a starting price of around $14,000.
What Ford Car was Unsuccessful?
The Ford Edsel was an unsuccessful car and failed to attract customers due to its unattractive styling and high price tag.
Why do People Prefer Ford?
Ford is a known and respected brand with a long history of producing reliable vehicles. Its pricing is also competitive.
What is Ford’s Biggest Weakness?
Ford’s biggest weakness is its slow adaptation to changing consumer demands and technological advancements.
Why Did Ford Stop Making Cars?
Ford stopped producing cars in the U.S. in 2012 to capitalize on growing demand for SUVs, trucks, and crossovers.