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Henry Ford built his first experimental car in a workshop behind his home
in Detroit in 1896.
Ford Motor Company, American automotive corporation founded in 1903 by Henry
Ford and 11 associate investors.
Ford's first production was in July 1903 at the Mack Avenue plant, the Model A, with
an under the floor engine selling for $850. In the first season it sold 1,708 cars.
Many later modals such as Modal- C, B, K, N; lead to the introduction of the famous
Model T or Tin Lizzie in 1909 at a price of $890.
In 1911, ford opened first factory outside north America-in
MANCHESTER,ENGLAND.
in 1913 he introduced the worlds first moving assembly line for cars; and in 1914, to
further improve labor productivity, he introduced the $5 daily wage for an eighthour day (replacing $2.34 for a nine-hour day).
By 1918, 50% of the country cars were of MODAL - T
In 1919 the company was reincorporated, with Ford, his wife, Clara, and his
son, Edsel Ford, acquiring full ownership; they, their heirs, and the Ford
Foundation (formed 1936) were sole stockholders until January 1956, when public
sale of the common stock was first offered.
By the end of the 1920s, Ford had more than 20 overseas assembly plants in
Europe, Latin America, Canada, Asia, South Africa, and Australia.
In the later years, ford manufactures tri motor plane, jeeps , bombers for world
war.
It also expanded its business globally in Australia(1926),Europe(1967), Asia
pacific(1970).
More than 15 million Modal-T cars were sold until 1927, when it left the market
only leading to new and highly innovative automobiles to be created such as
MODAL-A(new version)
After the death of henry ford(1947) and Edson Ford(1943), Henry Ford II, grand
son of henry ford reorganized the companys tangled system of financial
management and reinvigorated its corporate culture by hiring talented younger
managers.
Henry Ford II continued to guide the company as chief executive officer (194570)
and chairman of the board (196080).
1 American Road
P.O. Box 6248
Dearborn, Michigan 48126-2798
United States
Phone: 313-322-3000
Website: corporate.ford.com//
[{which is also commonly known as
the automobile capital of the
world.}]
Product Lines:
http://corporate.ford.com/our-company/operations-worldwide/global-operationslist
50
0
5
0
250
200
150
assets
liabilities
100
shareholder equity
50
0
2010
2011
2012
ASSETS
LIABILITIES
SHAREHOLDER
EQUITY
2012
190,554,000
174,285,000
15,860,000
2011
178,348,000
163,320,000
14,928,000
2010
164,687,000
165,360,000
775,000
Field Operations
Ford & Lincoln Marketing and Sales
Ford Customer Service Division
Global Marketing Sales and Service
Global Product Marketing Planning and Strategy
They are competing with Toyota, Honda, GM, Kia, Subaru, Chrysler and
many other companies, but it is still very hard to get into the market.
When they first started with the model T they had a virtual monopoly, as
they were the only game in town.
It is diversified since it is producing cars, Trucks, SUVs, Hybrids, Crossovers,
spare parts, etc.,.
Ford CSR initiatives:
4 ps:
Product: Growth phase; Maturity phase;
Eventual period
Price: customer perceived value. market
skimming pricing(high price),
market penetration pricing(low price) and
neutral pricing
Promotion: ads, public relations
Place(distribution): America, Europe,
India..Etc...
PESTEL analysis
Political: ford has taken a stand and not taken government handouts that
most car companies did
Economic: the economic downturn of the last few years has made ford cut
the fat from its production and really decide what is most important.
Sociocultural: ford has implemented concept of being the leader in the
industry of technology advances vehicles in their advertising
Technological: with the introduction of SYNC in their cars along with their
partnership with Microsoft has taken.
Environmental: Ford has emphasized the fuel efficient lines that will help
the environment
Legal: the regulations that the car industry are used to produce very safe
cars
SWOT analysis:
SWOT Analysis
STRENTHS
WEAKNESSES
1.
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3.
4.
5.
OPPURTUNITIES
THREATS
1.
2.
3.
4.
Human resources:
As of 2012 December, the approximate total number of individuals employed by ford are 171,000.
The interview process involves 4 steps.
Training process.
Job offers
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