Ford Motor Company Executive Summary

Superior Essays
The origins of the automotive industry can date all the way back to before the 1900’s with a few automobile manufactures, and when the thought of owning your own car was rather luxurious. Today, the automotive industry holds a great deal of automobile manufacturers. In addition, there is a vast amount of people who own their own car. One of the most famous automobile manufacturers in the world, that paved the way for the automobile industry today, is The Ford Motor Company.
HISTORY/ ASSETS AND LIABILITIES
The Ford Motor Company, founded by Henry Ford in Detroit, Michigan, is one of the most famous automobile manufacturers in the world today. Although, Henry Ford began creating innovative vehicles such as the four- horsepower engine Ford
…show more content…
As well as profit, Ford Motor Company has a grand amount of liabilities and assets. The Ford Motor Company’s total current assets as of March 31, 2015 adds up to 212,274,000 dollars including long term investments, property plant and equipment, other assets, and deferred long term asset charges. The Ford Motor Company’s total current liabilities as of March 31, 2015 including long term debt, other liabilities, deferred long term liability charges, and minority interest equals to 187,338,000 dollars …show more content…
Different robots and machines such as vehicle scanners and analyzers are used to do the jobs that are back breaking, or considered too dirty for humans to do (http://hfha.org/the-ford-story/the-birth-of-ford-motor-company/). One of the newest machines used to develop prototypes in the Ford Motor Company are 3D printers (https://corporate.ford.com/innovation/building-in-the-automotive-sandbox.html). Aside from factory machines, railroads and ships are also imperative tools used by Ford Motor Company as their main way of transporting and receiving

Related Documents

  • Improved Essays

    Ford’s increase in wages created a market for products that…

    • 329 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Ford F-150 Essay

    • 606 Words
    • 3 Pages

    Robust mid product cycle update for Ford’s big pickup truck. For 40 consecutive years, the Ford F-150 has been the best-selling pickup truck in America. Indeed, it has also been the best-selling passenger vehicle for most of that time too, a streak that goes back 35 years. Last overhauled in 2015, the 2018 Ford F-150 reflects the next important update for this full-size pickup truck as Ford introduces new or updated gasoline and diesel engines to the model line.…

    • 606 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    he accomplishments of Henry Ford Henry Ford invented one of the most important part of most peoples lives. Ford was known for his production of the motor vehicles which is now widely produced in the United States, but what he really did was change and encourage the technology in the United States for the rest of his life. His invention of the assembly line, 5 dollar wage, and 5 day work week has changed how jobs are run and managed in the present age. Henry Ford changed the world in industry, the entrepreneur ship, and mass production…

    • 740 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Ford made these cars in mass-production because they were all the same with no variety; basic style and color. This made it easy to produce hundreds and thousands of these in a short period of time. This made Mr. Ford a…

    • 170 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Have you ever thought what life would be like without cars? Now we would still have cars but not many. How would this happen? Well a guy called Henry Ford created the Model T car and revolutionized america with them. Henry Ford revolutionized America with his cars, his youth affected his work, despite being anti-semite he really changed America.…

    • 471 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    The estimated Manufacture Suggested Retail Price, or the MSRP of the standard Ford F150 SuperCab, is $46,785. The average consumers will pay $37,334 for the Ford F150 SuperCab. This price comes equipped with all the features mentioned above. Next, is to compare the pricing of the Chevy against the Ford. The Chevy’s MSRP is $40,650, which is already far lower than the $46,785 that the Ford F150 should be sold at.…

    • 1206 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    He didn’t even invent the assembly line. But more than any other single individual, he was responsible for transforming the automobile from an invention of unknown utility into an innovation that profoundly shaped the 20th century and continues to affect our lives today” (“The Life of Henry Ford”). Henry Ford was an innovator from day one. As a child Ford taught himself the basics of mechanics by learning to fix watches and conversing with men who ran steam engines. In 1879 Ford left his family’s farm to work for the Michigan Car Company, a manufacturer for railroad cars in the day.…

    • 817 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    This argument essay will discuss why Ford trucks are better than the competitor. Ford is well known for their vehicles and quality. The car company was founded on June 16, 1903. Henry Ford is the founding father of the company. Dearborn, Michigan is home to the main headquarters of the motor company.…

    • 1268 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Fordlandia Summary

    • 811 Words
    • 4 Pages

    As mentioned by Grandin, the car industry during these years was an innovation and Henry Ford was the expert in the automobile industry. The Ford industry began in 1908 and ever since then it has being producing cars and trucks. However,…

    • 811 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    1920s Cars Essay

    • 1421 Words
    • 6 Pages

    Cars of the 1920s started the age of the automobile which over time became faster, stronger, more fuel efficient and more reliable. Henry Ford plays a major role in the automotive industry in this time period. His model-T was and still is a very popular car. The cars of this time period could not reach very high speeds and the safety of these cars were dangerous. Cars were a new thing during the 1920s and have forever changed transportation and life of the average american.…

    • 1421 Words
    • 6 Pages
    Great Essays
  • Decent Essays

    The impact that Henry Ford made on transportation is one of the only reasons the United States grew and prospered so much at the time. Ford wanted to sell an automobile that anyone could afford to buy. He said “It will be constructed of the best materials, by the best men to be hired, after the simplest designs that modern engineering can devise.” On October 1, 1908, the first automobile that Ford Motor Company made was completed. This first automobile was the Model T, it was sold for $825, or about $18,000 in today’s world.…

    • 267 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Ford Ethical Dilemmas

    • 1068 Words
    • 5 Pages

    Ford and their investors are also stakeholders in this case, as the sales of their vehicles determines profit and directly influences the value of investors’ investments. While a car company generally has the power to piece together a vehicle however they please, investors are salient, and they could bail out of their investments if they see lower sales. According to investor behavior, once one investor flees, others will follow suit, so it is imperative that Ford and other car companies maximize profit. The companies clearly feel competitive pressure in these situations, and this can lead to ethical failures…

    • 1068 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Corporate Level Strategy The Corporate Level Strategy employed by Ford Motor is a bit challenging in that they are not diversified in the sense that they have acquired other different types of business’s in order to grow their business and diversify. They in fact do have Ford Credit that provides financing as well as risk management services to dealerships and customers. Ford does operate under the Lincoln brand as this brand sells the luxury cars in order to compete in that market however it is not their main…

    • 2094 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    Ford’s Product Offering & Classification Ford believes that they have state of the art dealerships which enable them to display their impressive Ford range the best. These automobiles are being displayed in an exclusive and immaculate setting. Their sales personnel are friendly, competent and well trained as they have to walk people through every aspect of procuring a new vehicle. Some of these aspects involve show the prospective buyer the potential products available and their specifications including package options available.…

    • 703 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    The company’s total assets are 190,554,000,000. Ford’s debt to equity ratio is 10.95 which is due to the capital intensive nature of the automotive industry. For 2012, Ford’s net income was 5,665,000,000 which indicates the company is currently 75% less than the over $20 billion profit in 2011. Additionally, the cash flow from investing activities has decreased from $6.9 billion in 2010 to -$14 billion in 2012. Short-term debt has increased in the last couple of years, it is still nearly 50% of the over $60 billion in 2009.…

    • 2346 Words
    • 10 Pages
    Great Essays