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The Ford Motor Company of Canada is a wholly owned subsidiary of Ford Motor Company, [3] although it once had its own distinct group of shareholders. [4] At its formation, Ford Motor Company was not a shareholder of Ford Canada, but its twelve founding shareholders directly held 51% of Ford Canada's shares, and Henry Ford himself owned 13% of the new company. [2]
McGregor saw the company he founded expand from producing 117 cars in its first fiscal year, to 51,341 in 1922. This resulted in almost seven out of 10 cars sold in Canada being built by Ford of Canada. He saw his company become the first automobile manufacturer in Canada to build the complete automobile from raw material to the finished product.
CEO and Chairman of Ford Motor Company No. Name Took office Left office Role 1 John S. Gray: 1903 1906 CEO 2 Henry Ford [2] 1906 1945 CEO 3 Henry Ford II [2] 1945 1979 CEO – Ernest R. Breech [2] 1955 1960 Chairman – Henry Ford II [3] 1960 March 13, 1980 Chairman 4 Philip Caldwell [4] [5] 1979 February 1, 1985 CEO – Philip Caldwell [3] [4 ...
Pages for logged out editors learn more. Contributions; Talk; Ford Motor Company of Canada, Limited
The firm also issues commercial paper and other debt instruments on Ford's behalf. Ford Credit also owns Lincoln Automotive Financial Services, the arm that finances Lincoln vehicles. Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment's highest full-year EBT in eight years.
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This page was last edited on 24 December 2024, at 07:52 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.