Owner of Ford Motor: Ford Motor Company (Ford) is an American multinational automobile company whose headquarters is located in Dearborn, Michigan, United States. It was founded by Henry Ford on June 16, 1903.
Ford Motor Company designs, manufactures, markets, and services a full line of cars, trucks, sport utility vehicles, and electrified vehicles. It also gives vehicle-related financing and leasing services.
Ford is the second-largest U.S.-based automaker after General Motors and is also the fifth-largest in the world after Toyota, Volkswagen, Hyundai, and General Motors. The company produced 5.532 million automobiles in 2008 and employed about 213,000 employees at around 90 plants and facilities globally.
Ford Motor Company went public in 1956 however the Ford family, through special Class B shares, still retained 40% of the voting rights.
The company during the financial crisis of 2007-2008 and has since returned to struggle financially but did not have to be rescued by the federal government.
It is also the 11th-ranked overall American-based company in the 2018 Fortune 500 list which is based on global revenues.
Company Logo and Details
Company Name | Ford Motor Company |
Industry | Automotive Manufacturing Company |
President & CEO | Jim Farley |
Founded on | 16 June 1903 |
Founded by | Henry Ford |
Company Type | Public |
Headquarter | Dearborn, Michigan, United States |
Official Website | https://www.ford.com/ |
The Old Days of Ford Motor Company (History)
The Ford Motor Company was formally incorporated in 1903 when Henry Ford who is the founder of the company set something in motion with his travels in a converted factory on Mack Avenue in Detroit.
It was Henry Ford’s 3rd effort to set up an automotive business. Ford had its breakthrough in 1908 with the introduction of the Model T which personifies what Henry Ford wanted out of a car basically efficiency, reliability, and a reasonable price.
Ford Motor Company commissioned a new factory in Highland Park, Michigan which was designed by Albert Kahn due to high demand for the vehicle. It is here that Ford revolutionized the automobile industry by introducing his first assembly line mass production model.
Ford started offering a $ 5-a-day wage to its factory employees in 1914. During the 1920s, the Ford Motor Company acquired the Lincoln Motor Company and moved much of its production operations to the Ford Rouge Complex in Dearborn, Michigan.
The Ford Motor Company played a crucial role in the Allied campaign during World War II.
The 1950s and 1960s saw the introduction of some of Ford’s most iconic vehicles which include the Thunderbird in 1955 and the Mustang in 1964. It also obtained other brands which include Mazda and Land Rover.
Ford alone is one of the big 3 American automakers in 2008, keeping away from bankruptcy and a government bailout. Ford remains one of the largest car producers in the world.
Key People of Ford Motor Company
- Jim Farley (president & CEO)
- William Clay Ford Jr. (Executive Chairman)
- Joseph R. Hinrichs (Executive Vice President)
Services of Ford Motor
- Designs
- Manufacturers
- Markets and services a full line of cars
- Markets and services a full line of trucks
- Markets and services a full line of sport utility vehicles
- Markets and services a full line of electrified vehicles.
- Vehicle-related financing
- Leasing services
Brands
- Ford Blue
- Ford Credit
- Ford Drive
- Ford Model E
- Ford Pro
Ford Motor Company Ownership: Who is the Owner of Ford Motor Company
Ford Motor Company is not owned by another corporation alternatively, it is only owned by shareholders. Therefore the shareholders are gathered as the owners of the company, those with more shares technically own more of Ford Motor Co. Here is about the Insider Shareholders of Ford Motor Company.
William Clay Ford Jr.
William “Bill” Clay Ford Jr. is the substantial or great-grandson of Henry Ford himself, and is currently, clenching the position of Executive Chairman at Ford Motor Co. he is leading the company that put the world on wheels into the 21st century.
Bill Ford, who is the great-grandson of Henry Ford, is the largest individual stockholder of Ford. Earlier this year, he purchased more Class A shares and increased the ownership to 2.3 million shares.
He also owns 23 percent of the Class B shares, which gives him outsized voting powers. Bill is also Ford’s chairman.
Mark Field
Mark Fields is an American businessman and former chief executive officer of Ford Motor Company. Before Mark Fields was pushed out of his CEO position at the company in 2017, he worked at Ford Motor Company for 28 years.
Mark Fields had 1.78 shares of common stock which made him the second-largest Ford shareholder.
Joseph R. Hinrichs
Since June 1, 2017, Joseph R. Hinrichs has been the executive vice president and president of Global Operations, at Ford Motor Company.
Joseph R. Hinrichs comes in as the third largest Ford shareholder with 645,155 shares of the company.
Who is the Owner of Ford Motor Company: List of Shareholders
Institutional investors hold majority ownership of Ford through 52.59% of the outstanding shares that they control. This attentiveness is also higher than at just about any other company in the Motor Vehicles industry.
This company is listed on the New York Stock Exchange and is in charge of the Ford family and has minority ownership but the majority of the voting power.
Owner of Ford Motor | Number of shares owns | % of total shares outstanding | Total value ($) |
---|---|---|---|
The Vanguard Group, Inc. | 318,570,329 | 8.07% | 4,303,885,145 |
BlackRock Fund Advisors | 178,609,372 | 4.52% | 2,413,012,616 |
SSgA Funds Management, Inc. | 157,099,664 | 3.98% | 2,122,416,461 |
Newport Trust Co. | 147,546,419 | 3.74% | 1,993,352,121 |
Geode Capital Management LLC | 69,911,885 | 1.77% | 944,509,566 |
Fisher Asset Management LLC | 47,659,333 | 1.21% | 643,877,589 |
Norges Bank Investment Management | 36,047,929 | 0.91% | 487,007,521 |
Northern Trust Investments, Inc. | 33,994,393 | 0.86% | 459,264,249 |
BlackRock Advisors (UK) Ltd. | 26,914,333 | 0.68% | 363,612,639 |
Dimensional Fund Advisors LP | 25,928,311 | 0.66% | 350,291,482 |
The Vanguard Group, Inc.
Vanguard Group Inc has filed an SC 13G/A form with the Securities and Exchange Commission revealing ownership of 335,643,986 shares of Ford Motor Company (US: F).
This speaks for 8.5 percent ownership of Ford company. In their earlier filing dated 2022.02.10, Vanguard Group Inc had announced owning 298,630,831 shares, designating an increase of 12.39%.
BlackRock Fund Advisors
BlackRock has filed a 13G/A form with the SEC to impart ownership of 262.35MM shares of Ford Motor Company (F). This speaks for 6.6% of the company. In their prior filing dated February 8, 2022, they reported 270.18MM shares and 6.90% of the company, a lesson in shares of 2.90%, and a decrease in total ownership of 0.30%.
Newport Trust Co.
Newport Trust has no authority for resolving the amount of the Ford Stock Fund that is held in cash or cash equivalents, or for managing or investing the portion of the Ford Stock Fund that is held in cash or cash selfsame.
Geode Capital Management LLC
Geode Capital Management is an organized asset manager providing core beta exposures across a range of equity and niche asset classes. They gives clients a transparent speculation process with a focus on risk-adjusted perform
Mission, Vision, and Values
Mission:
The Ford Motor Company’s mission is to make people’s lives better by making mobility attainable and affordable. This mission of the Ford Motor Company focuses on moving people, which is a basic function anticipated in automobiles and the transportation sector.
These are some of the main components of the Ford Motor Company’s mission.
- Make people’s lives better
- Make mobility accessible
- Make mobility affordable
Vision:
The Ford Motor Company’s vision is to become the world’s most trusted company, designing smart vehicles for a smart world. This vision of the company reflects the multinational company’s strategic goal of becoming a leader in the automotive industry.
Ford mainly focuses on smart vehicles that are relevant to current market conditions and customers’ preferences. The company aims to maximize its profitability where more efficient technologies are preferred. These are some of the main components of The Ford Motor Company’s vision.
- Worldwide scale
- Most trusted company
- Designing smart vehicles for a smart world
Values:
The Ford Motor Company values community and social responsibility. These values are at the center of Ford and work to move the company forward. The purpose of Ford is to improve lives.
These are some of the core values that stand out through the actions of the company and its commitment to success.
- Put People First
- Do the Right Thing
- Create Tomorrow
- Play to Win
- Be Curious
- Built Ford Tough
- One Ford
Ford Motor Net Worth Or Revenue.
Ford Motor’s net worth is $53.19 Billion. In spite of the fact that market cap gives you a sense of what the market values a company at, it is absolutely based on the market sentiment which essentially reflects the ever-changing opinions of investors and it can change hourly.
The GOBankingRates Evaluation calculates a company’s net worth based on quantifiable figures like assets and revenue.
It is a more conservative valuation taking into account full-year profits and revenue from the last 3 years and the company’s assets and debts.
Ford’s high and low share prices have been quite different over the last year, and as a result, so has Ford’s market cap. The stock has lost the bulk of the gains it made during the end of 2021 and early 2022.
Ford Motor Company is the biggest car manufacturer in the world. Net sales collapsed by activity which includes car sales (91.1%): Ford and Lincoln brands, financing services (8.8%) first and foremost vehicle purchase financing, and other (0.1%).
Net sales are given out geographically which includes the US(64.9%), Canada (6.9%), Germany (5.1%), the United Kingdom (4.8%), Mexico (0.8%), and others (17.5%)