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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]
In 1988 Ford Motor Company sold 80% of Ford-New Holland Inc. to Fiat, and in 1991 Fiat acquired the remaining 20%, with the agreement to stop using the Ford brand by 2000. By 1999, Fiat had discontinued the use of both its own and the Ford name, and united them both under the New Holland brand.
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In November 1926, the Ford Motor Company of Malaya Ltd. (Ford Malaya) was incorporated in Singapore, and the company set up a small garage in a two-storey shop house on Anson Road. [ 9 ] [ 12 ] The garage carried out wheel-fitting and touching up for Model T units between 1926 and 1929. [ 11 ]
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