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"The History of Ford Motor Company"

One of the best automobile producers in history, Ford, was established and incorporated in 1903. With a starting $28,000 investment from investors, including Horace and John Dodge, who were later founders of the Dodge Brothers Motor Vehicle Company, Henry Ford was 40 years old when he founded Ford Motor Company. It became one of the world's most profitable and largest companies in the world. Currently, based on worldwide vehicle sales, Ford Motor Company is ranked as fourth largest automaker; and is also accounted as the largest company being controlled and managed continuously by a family for more than a hundred years.

The first few models were produced in Detroit, Michigan; and its entire model on the earlier years, were branded as Model A up to Model T. Model A was the first production in 1903. Earlier on, including the Model S In 1907, all vehicles were in black colour and Model S was the last right-hand drive vehicle produced. The first six-cylinder model was Model K and was dubbed at that time as "the silent cyclone" and "the gentleman's roadster". It was sold for US$2,800. In 1908, Ford sold to the public the latest production after the S Model, the Model T. It turned out to be a good time for Henry Ford as the car demand grew in spectacular number. They, then moved to a larger factory, to the Highland Park Plant and as the demand grew, they have innovated to produce vehicles at a target of more than a million a year.


Wednesday, July 14, 2010

Ford Motor Continues to Grow in China


The Chinese auto market is one of the fastest growing markets in the world, so it is very important that all automakers pay close attention to the trends in China and fight to offer what one of the largest countries in the world wants. The management at the Ford Motor Company has recognized the opportunities available for Ford in China and has been aggressively marketing their cars overseas.

The Ford Motor Company has sold a record 301,524 vehicles in China in the first half of 2010. With the tremendous growth that has been happening in China every year, this number is up a massive 53 percent from the same period in 2009. The company has stated that part of the reason for the huge growth in China this year is due to the release of the new Fiesta subcompact car which has been popular among Chinese buyers.

With an unforeseeable end to the tremendous growth in demand for cars in China, it is foreseeable that Ford auto sales in the country could top those of the company's home country, the United States. So far sales for automakers in China have grown by 26 percent this year over last. Ford's joint ventures within the country include, but are not limited to Changan Ford Mazda Automobile and Jiangling Motors Corporation. The Ford motor company is poised to continue to be on the rise in China with these ventures helping it along the way. The Jiangling Motors Corporation joint venture is focused on growing the sales of commercial vehicles in China, a sector of the market with an enormous potential for growth.

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