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Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
Other major German manufacturers are Opel and American-owned Ford-Werke (subsidiary of Ford Motor Company), but are not considered as part of this grouping, although they are among the top selling brands in Europe - they are both foreign-owned (Opel is a subsidiary of Stellantis since 2021 and had been owned by PSA Group and General Motors ...
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand.
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 ...
Geely was reported to have approached Ford in mid-2008 about a possible takeover of Volvo Cars. On 28 October 2009, Ford named Geely the preferred buyer of Volvo Cars. [13] [14] On 23 December 2009, Ford confirmed that all substantive commercial terms for the sale to Geely had been settled. Geely signed a deal with Ford to acquire Volvo Cars ...
The largest family-controlled company in the world, the Ford Motor Company has been in continuous family control for over 110 years. Ford now encompasses two brands: Ford and Lincoln. Ford once owned 5 other luxury brands: Volvo, Land Rover, Jaguar, Aston Martin, and Mercury. Over time, those brands were sold to other companies and Mercury was ...
The up-and-coming Ford Motor Company was capitalized in 1903, and Henry Ford immediately attempted to secure a Selden license. He was denied, officially due to his past business failures (the Detroit Automobile Company and the Henry Ford Company , specifically), and also due to the protectionist climate of the ALAM.
In his lifetime, he owned more than 200, including models from Burger, Wellcraft Scarab, Hatteras, Sea Ray, Rybovich and multimillion-dollar motor yachts from Feadship. [17] In 1983, he asked Feadship to design a boat large enough to be seaworthy for ocean cruising but elegant for entertaining business associates.