Ford Motor Company
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in mil. unless spec.Company Description
- CEO
- James Duncan Farley
- Full Time Employees
- 169,000
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- One American Road P.O. Box 1899 Dearborn MI United States 48126-1899
- IPO Date
- Mar 7, 1956
- CIK
- 0000037996
- Website
- corporate.ford.com
- Similar Companies
- Business
- Ford Motor Company (NYSE: F) designs, manufactures, markets, and services a broad portfolio of trucks, utilities, vans, and cars, as well as Lincoln luxury vehicles; its core offerings include the F-Series trucks, Explorer SUVs, Mustang performance cars, Transit commercial vans, electric vehicles such as the F-150 Lightning, Mustang Mach-E, and E-Transit, and autonomous driving technologies through Ford Pro and Ford Model e segments. The company provides financial services via Ford Credit, encompassing retail automotive financing, leasing, and wholesale financing to dealers worldwide. Founded in 1903 and headquartered in Dearborn, Michigan, Ford operates manufacturing facilities and sales networks across North America, Europe, Asia Pacific, South America, and the Middle East and Africa, serving individual consumers, fleet customers, and commercial businesses. In recent developments, Ford announced a major strategic reorganization in 2024, splitting operations into distinct units—Ford Blue for traditional gas-powered vehicles, Ford Model e for EVs, and Ford Pro for commercial vehicles—to accelerate profitability and EV adoption amid competitive pressures. The company expanded its EV lineup with the launch of the all-electric Explorer and Capri in Europe during 2024, alongside investments exceeding $11 billion in U.S. battery plants through BlueOval Battery Park joint ventures, including partnerships with SK On and Samsung SDI. Additionally, Ford deepened alliances with Google for Android-based infotainment systems in 2023-2024 models and Telus for connected vehicle services in Canada, while acquiring EV charging firm ChargeScape in 2024 to bolster its electrification ecosystem.
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