Ford Motor Company
In the automobile sector, Ford is a name that needs no introduction. Ford is one of the most successful automobile companies in the world. The global automobile company has expanded its operations to various parts of the world and became a force to reckon with in the competitive automobile business. Ford specializes in manufacturing and selling automobiles, commercial vehicles, and luxury cars. The large-scale manufacturing system adopted by Ford provides the organization a comprehensive competitive edge over the competitors. Ford Motor Company is the second-largest automobile manufacturer in the United States and the fifth-largest automobile company in the world in terms of vehicle production. Let’s know when was Ford founded and it’s history.
Ford Workforce
Ford focuses on employing the best workers in the organization to ensure that the operations of Ford prevail smoothly and customers get the best out of Ford products on offer. Ford motor company employs 186,000 in its worldwide workforce. Employees get ample growth opportunities while working at Ford and employees can propel their careers to a higher level by working with an esteemed organization such as Ford.
History of Ford
Ford Motor Company is one of the oldest automobile manufacturers in the world. The 118-year-old company has established itself as one of the most successful automobile companies in the world. The foundation of Ford motor company was laid on November 3rd, 1901 by Henry Ford. The Ford family has exercised control over the working of Ford for over 100 years and this fact makes Ford motor company one of the largest family-controlled business organizations in the world. The company was formally incorporated on June 16, 1903. In the first six years of its operations, Ford introduced 8 car models which were labeled as A, B, C, F, K, N, R, and S. These car models were sold in low numbers. It was only after the adoption of the mass-production model by Ford, that the company started to taste success in the automobile industry. The first mass-produced car model manufactured by Ford was model T and Ford managed to sell millions of T model cars in 20 years. In the 1930s, Ford motor company faced competition from another big name in the automobile sector of the United States, General Motors. In a bid to complete the mid-ranged cars offered by General Motors, Ford introduced the Mercury model. In the second world war, Ford’s German subsidiary manufactured military vehicles for the Nazi German workforce. Ford introduced the continental department in the year 1955 to manufacture luxury cars. By the 1980s Ford had already established itself as one of the top companies in the United States automobile sector. In the 21st century, Ford has become a worldwide renowned organization and is continuously evolving its vehicles according to the changing demands of the customers.
Conclusion
With its operations running for over a century, Ford has cemented its place as one of the top automobile manufacturers in the world. The America-based automobile manufacturer serves a large customer base that expands across the globe. To cater to the needs of the global consumer base, Ford offers various car models across different markets in different countries. All in all, it is fitting to say that Ford motor company certainly sets the bar for its competitors, and continuously strives to become the number one automobile manufacturer in the world.
Frequently asked questions
Question 1. What type of benefits does Ford offer to its workforce?
Answer 1. Being the second-largest automobile company in the United States, Ford completely realizes its responsibility towards providing the workforce with a productive and growth-oriented workplace. Employees working at Ford can gain exposure to an array of skills and knowledge that will help them to grow in their careers. The benefits offered by Ford to its workforce include the following benefits amongst others –
- Employees working at Ford can avail themselves of attractive discounts on the purchase of Ford cars. These discounts can also be availed by the family members of the Ford workforce.
- Employees working at Ford are offered general health insurance, dental and vision plans to cater to their health needs.
- Ford promotes financial savings and retirement benefits to the employees working in the organization through its 401(k) program and pension program.
- Paid time-off, parental leaves, and vacations form an integral part of the employee benefits package offered by Ford to its employees.
Question 2. Which organizations are the competitors to Ford motor company?
Answer 2. Currently, Ford motor company is the second-largest automobile manufacturer in the United States. At present, the organizations which act as the prime competitors to Ford motor company are – General Motors, Honda, Tesla, and Mercedes-Benz USA. These automobile organizations continuously compete with each other to gain an upper hand over their competitors.
