Ford Motor Company

Ford Motor Company has operated since 1903, when Henry Ford founded the company that would become the Ford global brand. Ford’s history identifies the Model T, introduced in 1908, as the vehicle that put the world on wheels, and identifies Highland Park as the site where the company’s moving assembly line was successfully introduced in 1913. [1] [2] [3]

The Model T was designed to be affordable, simple to operate, and durable, and Ford says more than 15 million were built and sold before production ended in 1927. The moving assembly line changed the production sequence by bringing the vehicle to workers station by station; Ford reports that the process reduced Model T assembly time to 90 minutes and helped lower its price from $825 in 1908 to $260 in 1925. [2] [3]

Ford’s current vehicle business is organized into three customer-focused segments: Ford Blue, which primarily covers Ford and Lincoln internal-combustion and hybrid vehicles and related parts and services; Ford Model e, which focuses on electric vehicles and digital-vehicle technologies; and Ford Pro, which serves commercial customers. Ford also provides financial services through Ford Credit and has an integrated-services effort for software-enabled customer experiences. [4]

Ford remains based in Dearborn, Michigan, and reports operations across North America and more than 125 countries. Its present scope combines vehicle design, manufacturing, marketing, financing, servicing, electrification, software, and commercial-fleet offerings, making the company both a mass-market automaker and a provider of related mobility and financial services. [5] [6]