Fiesta ▷ | from $13,200 |
Focus ▷ | from $16,200 |
Fusion ▷ | from $21,900 |
Transit Connect ▷ | from $22,000 |
Escape ▷ | from $22,470 |
Mustang ▷ | from $22,510 |
C-MAX ▷ | from $25,170 |
Taurus ▷ | from $26,700 |
Edge ▷ | from $27,700 |
Flex ▷ | from $29,015 |
Explorer ▷ | from $29,100 |
Expedition ▷ | from $40,605 |
In 1902, Henry Ford found 12 investors who provided $28,000 in seed money to create the Ford Motor Company. They labeled their models in alphabetical order, beginning with the Model A until 1908 with the introduction of the Model T. This vehicle became so popular that it allowed Ford to not only expand, but also improve assembly lines in his factory. In 1922, Ford bought the Lincoln Motor Company and made it his luxury line. Ford’s innovative ideas, including profit sharing with customers and hiring the disabled, allowed the business to grow and survive through the Great Depression.
During WWII, Ford began manufacturing B-24s for the war effort. The ‘50s saw the introduction of the popular Thunderbird and the failure of the not-so-popular Edsel. However, in the ‘60s, the Mustang put the company back on top. It was not until the 2000’s that brand-fatigue hit, but Ford mortgaged its assets in 2006 and put the money into releasing fresher, modernized models.
Overall, Ford is well-perceived by consumers. They consistently rank in the top five when it comes to quality, safety, performance, value, and innovation. The Model T was probably the most successful all-time model that Ford has produced. However, other successful models that are still in production include the Mustang, Fiesta, Focus., Explorer, Fusion, Escape, and the F-series trucks.
To improve marketability, Ford has decided to shift its focus to fuel-efficient vehicles. Its growth plan includes subcompact cars, compact cars, midsize sedans, and small utility vehicles. As part of this move, they redesigned their F-series trucks with aluminum bodies, lightening them by 700 pounds and thereby reducing their gas consumption.
The board of the Ford Motor Company currently consists of the CEO, the Chairman, and 15 Directors. There are 12 executive and group vice presidents under the CEO as well as the Ford Motor Credit and Lincoln divisions.
Ford and Lincoln sold approximately 6.3 million vehicles in 2013. In the United States and Canada, they have nearly 16% of the market share. They also have nearly 13% in Turkey, 10% in South Africa, 9% in South America, 8% of the market share in Mexico, Australia, and Europe, and less than 5% in Russia, China, India, and Southeast Asian (ASEAN) nations. Ford sales increased throughout 2013.
Last updated in May 2014. All prices were taken from the manufacturer's website. They're typically suggested retail prices (MSRPs) excluding tax, delivery, title, registration, license, dealer fees and optional equipment.
More car makes: Chevrolet – Toyota – Honda – Nissan – Hyundai – Dodge – Kia – Jeep – GMC – Subaru – Volkswagen – Mercedes