FORD

The Ford Motor Company (colloquially referred to as Ford) is an American multinational automaker headquartered in Dearborn, Michigan,, a suburb of Detroit. It was founded by Henry Fordand incorporated on June 16, 1903. 

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 is the second-largest U.S.-based automaker (preceded by General Motors)  and the fifth-largest in the world based on 2010 vehicle sales. At the end of 2010, Ford was the fifth largest automaker in Europe. Ford is the eighth-ranked overall American-based company in the 2010 Fortune 500 list, based on global revenues in 2009 of $118.3 billion. In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide.

The company went public in 1956 but the Ford family, through special Class B shares, still retain 40 percent voting rights.[


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