Ford Motor Company (F) Sector
Consumer Discretionary

(Current) $12.13
-0.03 (-0.25%) Open Price: 12.16

 

Ford Motor Company is an American multinational corporation that designs, manufactures, markets, and services automobiles, trucks, SUVs, electric vehicles, luxury vehicles, and commercial vehicles. It was founded by Henry Ford in 1903 and is headquartered in Dearborn, Michigan. Ford is one of the world's largest automakers, producing and selling vehicles under the Ford and Lincoln brand names in markets around the world.

 

Ford's early years were marked by rapid expansion, with the company pioneering the assembly line production method in the early 20th century. The Model T, introduced in 1908, became one of the world's first affordable cars and is widely credited with putting America on wheels. In the decades since, Ford has continued to innovate and push the boundaries of automotive technology, introducing numerous iconic models such as the Mustang, F-150, and GT.

 

Ford went public in 1956, becoming one of the largest initial public offerings in history at the time. Today, the company is listed on the New York Stock Exchange and is a constituent of the S&P 500 index. In recent years, Ford has faced increasing competition from new players in the automotive industry, particularly in the area of electric and autonomous vehicles. In response, the company has made significant investments in these areas, launching new electric vehicles such as the Mustang Mach-E and investing in autonomous vehicle technology through partnerships and acquisitions.

 

Ford is also committed to sustainability and reducing its environmental impact, with goals to become carbon neutral by 2050 and invest $22 billion in electrification through 2025. The company is also focused on improving the safety and accessibility of its vehicles, launching new features such as Ford Co-Pilot360 and investing in technology to enhance mobility for people with disabilities.

 



 

(05/24/24) $12.16
(05/25/24) $12.16
(05/25/24) (Qty.)40,472,600
(05/24/24) $12.04
(05/24/24) $12.27
() $1,000,000,000.00
() $0.00
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