The Ford Motor Company is one of the largest car manufacturers in the world. It was founded in 1903 by Henry Ford. Along with the main Ford brand, the company also produces luxury vehicles under the brand name Lincoln. Henry Ford is credited with inventing the assembly line, which made it possible to produce vehicles on a much larger scale. In 2011, the Ford Motor Company reported revenue of $136 billion and employs more than 164,000 people all over the world.
The main headquarters for Ford is located in Dearborn, Michigan and the company is run by executive chairman William C. Ford, Jr. and CEO Alan Mulally.
The Ford Motor Company was created in 1903 after Henry Ford left his first car company. The first company Ford created in 1901 was called the Henry Ford Company, but changed its name in 1902 to the Cadillac Motor Company when Ford left and took the rights to his name with him. The Ford Motor Company was first started in an old factory on Mack Avenue in Detroit. Ford had accumulated $28,000 from various investors, including the Dodge Brothers. In the beginning, only a few cars were being produced each day. About 10 years later, Ford introduced the assembly line to his company and started manufacturing his own car parts instead of buying them from suppliers.
Despite financial losses in 2006, the Ford Motor Company is still going strong as the second largest car company in the United States and the fifth largest in the world.