Some Basic Facts and Stats about Ford Motors
When was Ford Motors founded? Where is its headquarter?
Ford Motor Company was incorporated in Delaware in 1919. It was formed after the acquisition of a Michigan based company. This one was incorporated in 1903 and founded by Henry Ford who designed engineered and sold automobiles.Today’s Ford Motor company is based in Dearborn, Michigan.
Who is the current CEO of Ford Motors?
Mr James P Hackett is the current President and CEO of Ford Motors. Jim Hackett is called a visionary with a human centered leadership approach.
How many employees does Ford have?
Ford is a global company with a workforce of around 202,000 employees.
What was its revenue for the last year (2017)?
Ford’s revenue for 2017 was 156.8 Billions which was 5 Billion dollars higher than the previous year.
What was Ford’s operating margin previous year?
Ford’s operating margin for 2017 was 5% versus 6.7% for 2016.
How much does Ford spend on research and innovation?
Ford Motors spends Billions on research and innovation. For the last three years (2015, 2016 and 2017) its expenditure on R&D was – $6.7 Billion, $7.3 Billion and $8 Billion.
How much does Ford spend on advertising?
Ford invests Billions in advertising and promotion of its brand and products. It expenditure on advertising for he last three years has been higher than 4 Billion dollars. It spent 4.3 Billion dollars each year in 2015 and 2016 and then 4.1 Billion dollars in 2017.
How many manufacturing plants does Ford have?
The number of manufacturing plants owned by Ford is 61. 31 of them are located in north America, 16 in Europe, 8 in South America, 2 in Middle East and 4 in Asia Pacific.
How many vehicles did Ford sell last year?
Ford sold 6.5Â Million vehicles in 2015, 6.7 Million vehicles in 2016 and 6.6 million vehicles in 2017.
Which are Ford’s largest markets?
United States and China are the largest markets of Ford Motors. In United States the brand sold more than 2.6 Million vehicles each year between 2015 and 2017. In China its sales rose from 1.1 million to 1.3 million in 2016 and then fell to 1.2 million in 2017.
How much is Ford planning to invest in Electrical vehicles?
Electrical vehicles are an important focus area for the brand. It plans to invest over 11 Billion dollars in electrical vehicles by 2022. It also plans to expand its portfolio of electrical vehicles to around 40 of which 16 are to be fully electrified vehicles.
How much are Ford’s assets worth?
Ford’s total assets are worth $257,808 Million. In 2016 the worth of these total assets was equal to $237,951 Million.
Sources:##################
Ford Motor Annual Report
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Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.