The Ford Motor Company is one of the world’s largest automakers. It was founded by Henry Ford in 1903. He made the company famous for mass-producing cheap family cars on moving assembly lines. The Model T Ford is an important part of automobile history. His production methods were copied by companies all over the world. The company has stayed in family hands since the beginning, making it one of the largest family-controlled businesses in the world today. Ford has an annual revenue of over $100 billion and employs around 250,000 people worldwide. The company also owns Sweden’s Volvo and has shares in Japan’s Mazda and the UK’s Aston Martin. Thefaltering global economy means most of Ford’s profits now come from financing car loans through the Ford Motor Credit Company.
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