Ford Motor Company
(F) is a manufacturer
of cars and trucks based in the United States. Its business is divided into two
primary sectors: Automative and Financial Services. The company was founded by
Henry Ford in 1903 and has been an American staple of a company ever since. The
company sells motor vehicles under the Ford and Lincoln brand names, but also
owns small stakes of Mazda and Aston Martin. Ford is currently the second
largest U.S. based automaker and the fifth largest automaker in the world.
Image credit: hamsterman / 123RF Stock Photo
The
Turnaround Story
Ford was one of the
most talked about stories in 2008 with the major recession and bailout. The
company was on the brink of bankruptcy but did not take the government bailout.
Instead, they were able to push ahead and come out of the mess they were in on
their own, and it proved to be successful. Today Ford is performing well, and growth
continues to be in the near future for the company.