Ford Motor Firm (F) is without doubt one of the greatest automotive firms on the planet. Along with its Ford-branded autos, it additionally markets luxurious autos underneath the Lincoln model and auto elements underneath the Motorcraft identify. For the fiscal yr ending 2020, it reported annual income of $127 billion and web earnings of $1.3 billion.
Ford’s wholly-owned automotive subsidiaries function in quite a few nations all over the world, together with Canada, Brazil, Australia, and India. The corporate’s European automotive operations embody wholly-owned subsidiaries headquartered in Germany, Italy, and the UK. Along with these core automotive subsidiaries, Ford owns numerous different firms all over the world. Under are among the most essential of these companies.
1. Ford Motor Credit score Firm, LLC
Ford Motor Credit score Firm, LLC is a financial services firm providing financing merchandise to Ford customers and Ford sellers. The corporate supplies car loans and leases to retail, business, and authorities consumers of latest and used Ford autos. It additionally presents enterprise loans and lines of credit to its sellers for stock and facility investments and different accredited enterprise makes use of.
Ford Motor Credit score Firm dealt with 50% of all lease shares for retail gross sales for Ford autos offered in america in 2019. Ford Motor Credit score Firm is a wholly-owned subsidiary of Ford Motor Firm. It operates in Europe underneath its personal subsidiary, FCE Financial institution plc, which is headquartered in the UK.
2. Changan Ford Car Company, Ltd.
Changan Ford Car Company, Ltd. is a 50-50 Chinese language three way partnership between Ford Motor Firm and China’s state-owned Chongqing Changan Car Firm, Ltd., one in all China’s 4 greatest auto producers. The corporate produces and distributes Ford-branded autos in China. Changan Ford operates an engine plant, a transmission plant, and 5 meeting crops.
3. AutoAlliance (Thailand) Co., Ltd.
Rayong, Thailand-based AutoAlliance (Thailand) Co., Ltd. is a 50-50 three way partnership between Ford and Mazda Motor Company. AutoAlliance operates an built-in automotive manufacturing facility for compact vans and passenger vehicles. The corporate produces Ford- and Mazda-branded autos for Thailand and markets in different growing nations in Southeast Asia and past.
4. Getrag Ford Transmissions GmbH
Getrag Ford Transmissions GmbH is a joint venture held equally between Ford and the German-based firm Magna PT Worldwide GmbH (previously Getrag Worldwide GmbH). Getrag Ford Transmissions produces transmissions for Ford vehicles at its manufacturing crops in Germany, England, India, and France.
5. Ford Motor Land Improvement Company
Ford Motor Land Improvement Company (identified extra generally as “Ford Land”) is a full-service real estate firm initially established in 1970 to develop acreage surrounding Ford Motor Firm’s corporate headquarters in Michigan. It now owns and manages greater than 220 million sq. toes of actual property globally in 48 nations.
The corporate additionally supplies planning and engineering providers, facility administration providers, and dealership design providers in help of Ford’s worldwide operations. Ford Land is a wholly-owned subsidiary of Ford Motor Firm. The corporate is within the technique of a campus transformation to convey collectively over 30,000 staff from 70 buildings to 2 major places.