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Ford Motor

Overview
Activities
Financials

Ford Motor is an American multinational automobile manufacturer (NYSE: F) that develops, manufactures, and distributes vehicles, parts, and accessories. It also offers related financial services. The company is the third-largest US automaker by revenue (2023) behind General Motors (GM) and Toyota. Ford sold ~4.4 billion wholesale units and reported a revenue of USD 176.2 billion in 2023. 

Ford offers automobiles under two brands: Ford and Lincoln—Ford is considered the mainstream brand, while Lincoln is considered a luxury. In the past, Ford owned five other luxury brands—Volvo, Land Rover, Jaguar, Aston Martin, and Mercury—but, over time, it sold them to other companies and discontinued Mercury. Ford also owns a 32% stake in JMC, a publicly listed automobile manufacturer in China, which produces various Ford-branded and JMC-branded vehicles for the Chinese and other export markets. The company also offers vehicle-related financing and leasing in addition to engaging in mobility-related developments such as autonomous vehicles.

The US market accounted for the majority of the company’s revenue (~66%) in 2023. The company expects to promote EV sales to make up 40% of its global sales by 2030 and to produce 2 million+ EVs annually by 2026. 

HQ Location:
One American Road Suite 1026 Dearborn MI USA
Founded year:
1903
Employees:
10,000+
Key CVC / asset management units:
Ford Smart Mobility
Ford Credit
Ford Venture Capital Group
EV Economy
EV Economy
Waste Recovery & Management Tech
Waste Recovery & Management Tech
Smart Mobility Information
Smart Mobility Information
Last-mile Delivery Automation
Last-mile Delivery Automation
Humanoid Robots
Humanoid Robots
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Recent Updates

Industry news
Mar 7, 2024
Ford reportedly files patents for AR-powered vehicle weight indicator
Extended Reality
Product updates
Jan 22, 2024
Ford and Lincoln launch updated connected car services
Auto Tech
Product updates
Jan 4, 2024
Ford changes prices on F-150 Lightning pickups
EV Economy
Management news
Dec 12, 2023
Ford halves production of Electric F-150 pickup trucks
EV Economy
Management news
Nov 21, 2023
Ford scales back production at Michigan battery manufacturing facility
EV Economy
Management news
Product updates
M&A
Nov 17, 2023
Incumbent News Summary (Week Ended November 17, 2023)
EV Economy
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