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Ford is an American based company that deals in auto manufacturing and it has got its headquarters located in the suburb of Detroit that is located in Michigan. This company sells commercial vehicles and automobiles with the use of ford brand and other luxurious cars that are under Lincoln Band. The company also owns other companies like the Brazilian SUV maker, the Australian FPV and the Toller manufacturers. This company also deals with the manufacturing of other automotive components like tractors with its operating branches in Japan, United Kingdom, and China to manufacture Mazda, Aston martin and Jiangling respectively.
Ford Company used engineered …show more content…
The Ford credit company majorly entails engaging in activities such as financing, leasing and insurance that is as well related to the company. The Ford Credit Company earns its revenue from purchases, payments made under retail installment sales, the lease contracts, interest supplements and other support payments that are designed by the company.
In 2012 Ford Company managed to deliver very positive financial results when it achieved 14- straight quarters of its operating profits and thereafter followed by a series of financial profits in a raw of four years. In the same year the company recorded a revenue gain of 6.3 billion U.S dollars from the automotive department of Ford Company and the Ford credit was at the same time financing around 5200 Lincoln and Ford dealers and more than 3.6 million retail buyers all over the world were also well taken care …show more content…
Another emerging deal is the plan of U.K Ford owned Aston martin motor company that intends to start exporting cars to China in order to expand its sales. Ford Motors Company also bought the operations of the popularly Swedish based Volvo motors for 6.45 billion U.S dollars which a figure that is slightly lower than its previous year’s profit of 6.57 billion U.S dollars. This merger closely followed the merger between Chrysler and Daimler
Author
Institution
Ford is an American based company that deals in auto manufacturing and it has got its headquarters located in the suburb of Detroit that is located in Michigan. This company sells commercial vehicles and automobiles with the use of ford brand and other luxurious cars that are under Lincoln Band. The company also owns other companies like the Brazilian SUV maker, the Australian FPV and the Toller manufacturers. This company also deals with the manufacturing of other automotive components like tractors with its operating branches in Japan, United Kingdom, and China to manufacture Mazda, Aston martin and Jiangling respectively.
Ford Company used engineered …show more content…
The Ford credit company majorly entails engaging in activities such as financing, leasing and insurance that is as well related to the company. The Ford Credit Company earns its revenue from purchases, payments made under retail installment sales, the lease contracts, interest supplements and other support payments that are designed by the company.
In 2012 Ford Company managed to deliver very positive financial results when it achieved 14- straight quarters of its operating profits and thereafter followed by a series of financial profits in a raw of four years. In the same year the company recorded a revenue gain of 6.3 billion U.S dollars from the automotive department of Ford Company and the Ford credit was at the same time financing around 5200 Lincoln and Ford dealers and more than 3.6 million retail buyers all over the world were also well taken care …show more content…
Another emerging deal is the plan of U.K Ford owned Aston martin motor company that intends to start exporting cars to China in order to expand its sales. Ford Motors Company also bought the operations of the popularly Swedish based Volvo motors for 6.45 billion U.S dollars which a figure that is slightly lower than its previous year’s profit of 6.57 billion U.S dollars. This merger closely followed the merger between Chrysler and Daimler