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Ford Project
Ford Project
History of FORD
The Ford Motor Company is an American automaker, the world's fifth largest based
on worldwide vehicle sales. Based in Dearborn, Michigan, a suburb of Detroit, it was
founded by Henry Ford on June 16, 1903. Ford Motor Company would go on to
become one of the largest and most profitable companies in the world. The largest
family-controlled company in the world, the Ford Motor Company has been in
continuous family control for over 110 years
Henry Ford built his first automobile, which he called a quadricycle, at his home in
Detroit in 1896. At the entrance to the Michigan Building, there is a commemorative
plaque identifying the original location of the Ford home. His initial foray into
automobile manufacturing was the Detroit Automobile Company, founded in 1899.
The company foundered, and in 1901 was reorganized as the Henry Ford Company.
Overview
Production 1908–1927
Assembly show
List
List
Powertrain
Chronology
DURING WW2:
In 1929, Ford was contracted by the government of the Soviet Union to set up
the Gorky Automobile Plant in Russia initially producing Ford Model A and AAs
thereby playing an important role in the industrialization of that country
During World War II, the United States Department of War picked Ford to mass-
produce the Consolidated B-24 Liberator bomber at its Willow Run assembly plant.
[22]
Ford Werke and Ford SAF (Ford's subsidiaries in Germany and France,
respectively) produced military vehicles and other equipment for Nazi Germany's war
effort. Some of Ford's operations in Germany at the time were run using forced labor.
DOWNFALL OF FORD:
(21st century)
The economy had been liberalised in 1991, the government was welcoming
investors, and the middle class was expected to fuel a consumption frenzy. Rising
disposable income would help foreign carmakers to a market share of as much as 10
per cent, forecasters said.
It never happened.
Last week, Ford took a $2 billion hit to stop making cars in India, following
compatriots General Motors Co and Harley-Davidson Inc in closing factories in the
country.
Ford had excess capacity at its first India plant when it invested $1 billion on a
second in 2015. It had planned to make India an export base and raise its share of a
market projected to hit 7 million cars a year by 2020 and 9 million by 2025.But the
sales never followed and overall market growth stalled. Ford now utilises only about
20 per cent of its combined annual capacity of 440,000 cars..
Instead, sales have stagnated at about 3 million cars. The growth rate has slowed to
3.6 per cent in the last decade versus 12 per cent a decade earlier.
Ford's retreat marks the end of an Indian dream for U.S. carmakers. It also follows its
exit from Brazil announced in January, reflecting an industry pivot from emerging
markets to what is now widely seen as make-or-break investment in electric vehicles.
Analysts and executives said foreigners badly misjudged India's potential and
underestimated the complexities of operating in a vast country that rewards domestic
procurement.
Many failed to adapt to a preference for small, cheap, fuel-efficient cars that could
bump over uneven roads without needing expensive repairs. In India, 95 per cent of
cars are priced below $20,000.
Lower tax on small cars also made it harder for makers of larger cars for Western
markets to compete with small-car specialists such as Japan's Suzuki Motor Corp -
controlling shareholder of Maruti Suzuki India Ltd, India's biggest carmaker by sales.
To use its excess capacity, Ford planned to build compact cars in India for emerging
markets but shelved plans in 2016 amid a global consumer preference shift to SUVs.
It changed its cost structure in 2018 and the following year started work on a joint
venture with local peer Mahindra & Mahindra Ltd designed to reduce costs. Three
years later, in December, the partners abandoned the idea
After sinking $2.5 billion in India since entry and burning another $2 billion over the
past decade alone, Ford decided not to invest more.
Logo evolution
1903
1907
1909
1911
1912
1912 variant
1927
1957
1976
2003
2017