MEREDES BENZ

Mercedes-Benz is a German manufacturer of automobiles, buses, coaches, and trucks. It is currently a division of the parent company, Daimler AG (formerly DaimlerChrysler AG), after previously being owned by Daimler-Benz. Mercedes-Benz has its origins in Karl Benz's creation of the first automobile in January 1886,[1] and by Gottlieb Daimler and engineer Wilhelm Maybach's conversion of a carriage by the addition of a petrol engine the same year. The Mercedes automobile was first marketed in 1901. The first Mercedes-Benz brand name vehicles were produced in 1926, following the merger of Karl Benz's and Gottlieb Daimler's companies into the Daimler-Benz company.[1] Mercedes-Benz has, over the years, introduced many technological and safety innovations that have become common in modern vehicles.
Purchasing

Mercedes-Benz automobiles are available at dealerships in more than 130 countries and their work fleet (trucks and commercial) vehicles are available from a group of dealers worldwide as well as direct from the factory. As with several other European automobile brands, Mercedes offer a European delivery option for international customers who purchase a Mercedes-Benz automobile.

[edit] Mercedes-Benz range today

Mercedes-Benz has a full range of passenger, light commercial and heavy commercial equipment. Production is on a Global basis. The Smart brand of city cars has also been part of the Mercedes-Benz Group since 1994.

[edit] Quality

Since its inception, Mercedes-Benz had a reputation for quality and durability. Objective measures looking at passenger vehicles such as J.D. Power surveys demonstrated a downturn in reputation in this area in the late 1990s and early 2000s. (This was possibly related to the then board of directors being distracted from maintaining the marque's traditional quality whilst buying up or into many second-rate manufacturers such as Chrysler; once Chrysler was dumped from the company portfolio, quality and reliability of Mercedes-Benz vehicles began to return to their traditional levels.) By 2005, Mercedes temporarily returned to the industry average for initial quality, according to J.D. Power.[2] In J.D. Power's Initial Quality Study for the first quarter of 2007, Mercedes showed dramatic improvement by climbing to 4th place, surpassing quality leader Toyota and earning several awards for its models. [3] For 2008, Mercedes quality improved by yet another mark, now in third place. On top of this accolade, it also received the Platinum Plant Quality Award for its Mercedes’ Sindelfingen, Germany assembly plant.[4] As of 2009, Consumer Reports of the United States has changed their reliability ratings for Mercedes-Benz vehicles to "average," recommending the E Class and the SL Class .[citation needed]

[edit] Motorsport
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Main Article Mercedes-Benz in motorsport.

A DMG Mercedes Simplex 1906 in the Deutsches Museum
1957 Mercedes-Benz 300Sc Cabriolet
1959 Mercedes-Benz W120 Model 180

The two companies which were merged to form the Mercedes-Benz brand in 1926 had both already enjoyed success in the new sport of motor racing throughout their separate histories- both had entries in the very first automobile race Paris to Rouen 1894. This has continued, and throughout its long history, the company has been involved in a range of motorsport activities, including sports car racing and rallying. On several occasions Mercedes-Benz has withdrawn completely from motorsport for a significant period, notably in the late 1930s and after the 1955 Le Mans disaster, where a Mercedes-Benz 300SLR collided with another car and killed more than eighty spectators. Although there was some activity in the intervening years, it was not until 1987 that Mercedes-Benz returned to front line competition, returning to Le Mans, DTM, and F-1 sports car racing with Sauber.

The 1990s saw Mercedes-Benz purchase engine builder Ilmor (now Mercedes-Benz High Performance Engines), and campaign cars at the famed Indy 500 race under the USAC/CART rules, eventually winning that race with Al Unser, Jr. at the wheel. The 90's also saw the return of Mercedes-Benz to GT racing, and the Mercedes-Benz CLK GTR, both of which took the company to new heights by dominating the FIA's GT1 class.

Mercedes-Benz is currently active in three forms of motorsport, Formula Three, DTM and Formula One. In Formula One, the company part owns Team McLaren and has supplied the team with engines since 1995. This partnership has brought success, including Drivers Championships for Mika Häkkinen in 1998 and 1999 and for Lewis Hamilton in 2008, as well as a Constructors Championship in 1998. The collaboration with McLaren has been extended into the production of roadgoing cars such as the Mercedes-Benz SLR McLaren.

[edit] Business alliances (Studebaker-Packard Corporation)
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In 1958 Mercedes-Benz entered into a distribution agreement with the Studebaker-Packard Corporation of South Bend, Indiana (USA), makers of Studebaker and Packard brand automobiles. Under the deal, Studebaker would allow Mercedes-Benz access to their U.S. dealer network, handle shipments of vehicles to those dealers, and in return receive compensation for each car sold. Studebaker also was permitted to use the German automaker’s name in its advertisements, which stressed Studebaker's quality over quantity.

When Studebaker entered into informal discussions with Franco-American automaker Facel Vega about offering their Facel Vega Excellence model in the United States, Mercedes-Benz objected to the proposal. Studebaker, which needed Mercedes-Benz distribution payments to help stem heavy losses, dropped further action on the plan.

Mercedes-Benz maintained an office within the Studebaker works in South Bend from 1958 to 1963 when Studebaker's U.S. operations ceased. Many U.S Studebaker dealers converted to Mercedes-Benz dealerships at that time. When Studebaker closed its Canadian operation and left the automobile business in 1966, remaining Studebaker dealers had the option to convert their dealerships to Mercedes-Benz dealership agreements.
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HYUNDAI

Hyundai refers to a group of companies and related organizations founded by Chung Ju-yung in South Korea. The first Hyundai company was founded in 1947 as a construction company, and the Hyundai Group eventually became South Korea's largest conglomerate company (chaebol).

The best well-known Hyundai organization is the Hyundai Motor Company, the world's 5th largest automaker selling mid sized sedans, coupes and SUVs like the Sonata, Genesis Coupe and the Santa Fe. Hyundai Heavy Industries is the world's largest shipbuilder, and Hynix is a top semiconductor producer. Other companies currently or formerly controlled by members of Chung's extended family may be loosely referred to as a part of the Hyundai chaebol.

The Hyundai Group underwent massive restructuring following the 1997 East Asian financial crisis and the founder's death in 2001. Today, many companies bearing the Hyundai name are legally unrelated, with each company having a different chairman. Former components include Hyundai Group, Hyundai Kia Automotive Group, Hyundai Department Store Group, Hyundai Heavy Industries Group, and Hyundai Development Group. After the separation, Hyundai Group focuses on elevators, container services, and tourism to Mount Kumgang.

The word 現代 hyeondae (a traditional Chinese word) means "modernity" in Korean(and the same meaning in Chinese and the other Chinese originated languages such as Japanese), and is pronounced [çʌndɛ]. It is often pronounced /ˈhʌndeɪ/ in North America, as /haɪˈʌndaɪ/ in the United Kingdom, as /hiːˈʌndaɪ/ in Australia, and as [çjɯndai] in Japan. Early American advertising for the Hyundai Excel car informed readers that the name "rhymes with Sunday", which is similar to the correct Korean pronunciation.

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Name
Toyota headquarters in Toyota City, Japan

Vehicles were originally sold under the name "Toyoda" (トヨダ), from the family name of the company's founder, Kiichiro Toyoda. In September 1936 the company ran a public competition to design a new logo. Out of 27,000 entries the winning entry was the three Japanese katakana letters for (Toyoda) in a circle. But Risaburo Toyoda, who had married into the family and was not born with that name, preferred "Toyota" (トヨタ) because it took eight brush strokes (a fortuitous number) to write in Japanese, was visually simpler (leaving off two ticks at the end) and with a voiceless consonant instead of a voiced one (voiced consonant is considered "murky" or "muddy" sound compared to the voiceless consonant, which is "clear"). Since "Toyoda" literally means fertile rice paddies, changing the name also helped to distance the company from associations with old fashioned farming. The newly formed word was trademarked and the company was registered in August 1937 as the "Toyota Motor Company".[8][9][10]

In predominantly Chinese speaking countries, Toyota is known as "豊田".[11] These are the same characters as the founding family's name "Toyoda" in Japanese, which translate to "fertile rice paddies" in the Chinese language as well.

From September 1947, Toyota's small-sized vehicles were sold under the name "Toyopet" (トヨペット).[12] The first vehicle sold under this name was the Toyopet SA[13] but it also included vehicles such as the Toyopet SB light truck, Toyopet Stout light truck,[14] Toyopet Crown and the Toyopet Corona. However, when Toyota eventually entered the American market in 1957 with the Crown, the name was not well received due to connotations of Toys and pets.[15] The name was soon dropped for the American market but continued in other markets until the mid 1960's.

[edit] History
Toyota founder Kiichiro Toyoda
Toyota automatic loom (Type G)
Replica of the Toyota Model AA, the first production model of Toyota in 1936

In 1933, Toyoda Automatic Loom Works created a new division devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda. Kiichiro Toyoda had traveled to Europe and the United States in 1929 to investigate automobile production and had begun researching gasoline-powered engines in 1930.[16] Toyoda Automatic Loom Works was encouraged to develop automobile production by the Japanese government, which needed domestic vehicle production partly due to the worldwide money shortage and partly due to the war with China.[17] In 1934, the division produced its first Type A Engine, which was used in the first Model A1 passenger car in May 1935 and the G1 truck in August 1935. Production of the Model AA passenger car started in 1936. Early vehicles bear a striking resemblance to the Dodge Power Wagon and Chevrolet, with some parts actually interchanging with their American originals.[17]

Although the Toyota Group is best known today for its cars, it is still in the textile business and still makes automatic looms, which are now computerized, and electric sewing machines which are available worldwide.

Toyota Motor Co. was established as an independent and separate company in 1937. Although the founding family's name is Toyoda (豊田), the company name was changed in order to signify the separation of the founders' work life from home life, to simplify the pronunciation, and to give the company a happy beginning. Toyota (トヨタ) is considered luckier than Toyoda (豊田) in Japan, where eight is regarded as a lucky number, and eight is the number of strokes it takes to write Toyota in katakana.[18] In Chinese, the company and its vehicles are still referred to by the equivalent characters (traditional Chinese: 豐田; simplified Chinese: 丰田; pinyin: fēng tián), with Chinese reading.

During the Pacific War (World War II) the company was dedicated to truck production for the Imperial Japanese Army. Because of severe shortages in Japan, military trucks were kept as simple as possible. For example, the trucks had only one headlight on the center of the hood. The war ended shortly before a scheduled Allied bombing run on the Toyota factories in Aichi.
1947 Toyopet Model SA
1957 Toyopet Crown

After the war, commercial passenger car production started in 1947 with the model SA. In 1950, a separate sales company, Toyota Motor Sales Co., was established (which lasted until July 1982). In April 1956, the Toyopet dealer chain was established. The following year, the Crown became the first Japanese car to be exported to the United States and Toyota's American and Brazilian divisions, Toyota Motor Sales Inc. and Toyota do Brasil S.A., were also established.

Toyota began to expand in the 1960s with a new research and development facility, a presence in Thailand was established, the 10 millionth model was produced, a Deming Prize and partnerships with Hino Motors and Daihatsu were also established. The first Toyota built outside Japan was in April 1963, at Port Melbourne in Australia.[19] By the end of the decade, Toyota had established a worldwide presence, as the company had exported its one-millionth unit.

With high gas prices and a weak US economy in the summer of 2008, Toyota reported a double-digit decline in sales for the month of June, similar to figures reported by the Detroit Big Three. For Toyota, these were attributed mainly to slow sales of its Tundra pickup, as well as shortages of its fuel-efficient vehicles such as the Prius, Corolla and Yaris. In response, the company has announced plans to idle its truck plants, while shifting production at other facilities to manufacture in-demand vehicles.[20][21][22][23]

[edit] Company overview
Concept i-unit
Concept PM

The Toyota Motor Company was awarded its first Japanese Quality Control Award at the start 1980s and began participating in a wide variety of Motorsports. Due to the 1973 oil crisis consumers in the lucrative U.S. market began turning to small cars with better fuel economy. American car manufacturers had considered small economy cars to be an "entry level" product, and their small vehicles were made to a low level of quality in order to keep the price low. Japanese customers, however, had a long-standing tradition of demanding small fuel-efficient cars that were manufactured to a high level of quality.[citation needed] Because of this, companies like Toyota, Honda, and Nissan established a growing presence in North America in the 1970s.[citation needed]

In 1982, the Toyota Motor Company and Toyota Motor Sales merged into one company, the Toyota Motor Corporation. Two years later, Toyota entered into a joint venture with GM called NUMMI, the New United Motor Manufacturing, Inc, operating an automobile manufacturing plant in Fremont, California. The factory was an old General Motors plant that had been closed for several years. Toyota then started to establish new brands at the end of the 1980s, with the launch of their luxury division Lexus in 1989.

In the 1990s Toyota began to branch out from producing mostly compact cars by adding many larger and more luxurious vehicles to its lineup, including a full sized pickup, the T100 (and later the Tundra), several lines of SUVs, a sport version of the Camry, known as the Camry Solara, and the Scion brand, a group of several affordable, yet sporty, automobiles targeted specifically to young adults. Toyota also began production of the world's best selling hybrid car, the Prius, in 1997.

With a major presence with Europe, due to the success of Toyota Team Europe, the corporation decided to set up TMME, Toyota Motor Europe Marketing & Engineering, to help market vehicles in the continent. Two years later, Toyota set up a base in the United Kingdom, TMUK, as the company's cars had become very popular among British drivers. Bases in Indiana, Virginia and Tianjin were also set up. In 1999, the company decided to list itself on the New York and London Stock Exchange.
With over 30 million sold, the Corolla is one of the best selling cars in the world.

In 2001, Toyota's Toyo Trust and Banking merged to form the UFJ, United Financials of Japan, which was accused of corruption by the Japan's government for making bad loans to alleged Yakuza crime syndicates with executives accused of blocking Financial Service Agency inspections.[24] The UFJ was listed among Fortune Magazine's largest money-losing corporations in the world, with Toyota's chairman serving as a director.[25] At the time, the UFJ was one of the largest shareholders of Toyota. As a result of Japan's banking crisis, the UFJ was merged again to become Mitsubishi UFJ Financial Group.

In 2002, Toyota managed to enter a Formula One works team and establish joint ventures with French motoring companies Citroën and Peugeot, a year after Toyota started producing cars in France.

Toyota ranked eight on Forbes 2000 list of worlds leading companies for the year 2005.[26] The company was number one in global automobile sales for the first quarter of 2008.[27]

On December 7, 2004, a U.S. press release was issued stating that Toyota would be offering Sirius Satellite Radios. However, as late as Jan. 27, 2007, Sirius Satellite Radio and XM Satellite radio kits were not available for Toyota factory radios.[citation needed] While the press release enumerated nine models, only limited availability existed at the dealer level in the U.S. As of 2008, all Toyota and Scion models have either standard or available XM radio kits. Major Lexus dealerships have been offering satellite radio kits for Lexus vehicles since 2005, in addition to factory-equipped satellite radio models.

In 2007, Toyota released an update of its full size truck, the Tundra, produced in two American factories, one in Texas and one in Indiana. "Motor Trend" named the Tundra "Truck of the Year," and the 2007 Toyota Camry "Car of the Year" for 2007. It also began the construction of two new factories, one to build the RAV4 in Woodstock, Ontario and the other to build the Toyota Highlander in Blue Springs, Mississippi. The company has also found recent success with its smaller models - the Corolla and Yaris - as gas prices have risen rapidly in the last few years.
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HISTORY OF FORD MOTOR

Early Developments
Ford was launched in a converted factory in 1903 with $28,000 in cash from twelve investors, most notably John and Horace Dodge, who would later found the Dodge Brothers Motor Vehicle Company. Henry Ford was 40 years old when he founded the Ford Motor Company, which would go on to become one of the largest and most profitable companies in the world, as well as being one of the few to survive the Great Depression. The largest family-controlled company in the world, the Ford Motor Company has been in continuous family control for over 100 years.
During its early years, the company produced a range of vehicles designated, chronologically, from the Ford Model A (1903) to the Model K and Model S (Ford's last right-hand steering model)[1] of 1907.[2] The K, Ford's first six-cylinder model, was knows as "the gentleman's roadster" and "the silent cyclone", and sold for US$2800;[3] by contrast, around that time, the Enger 40 was priced at US$2000,[4] the Colt Runabout US$1500,[5] the high-volume Oldsmobile Runabout[6] US$650, Western's Gale Model A US$500,[7] and the Success hit the amazingly low US$250.[8]
The next year, Henry Ford introduced the Model T. Earlier models were produced at a rate of only a few a day at a rented factory on Mack Avenue in Detroit, Michigan, with groups of two or three men working on each car from components made to order by other companies (what would come to be called an "assembled car"). The first Model Ts were built at the Piquette Road Manufacturing Plant, the first company-owned factory. In its first full year of production, 1909, about 18,000 Model Ts were built. As demand for the car grew, the company moved production to the much larger Highland Park Plant, and in 1911, the first year of operation there, 69,762[9] Model Ts were produced, with 170,211 in 1912.[10] By 1913, the company had developed all of the basic techniques of the assembly line and mass production. Ford introduced the world's first moving assembly line that year, which reduced chassis assembly time from 12½ hours in October to 2 hours 40 minutes (and ultimately 1 hour, 33 minutes),[11] and boosted annual output to 202,667 units that year[12] After a Ford ad promised profit-sharing if sales hit 300,000 between August 1914 and August 1915,[13] sales in 1914 hit 308,162, and 501,462 in 1915;[14] by 1920, production would exceed one million a year.
These innovations were hard on employees, and turnover of workers was very high, while increased productivity actually reduced labor demand.[15] Turnover meant delays and extra costs of training, and use of slow workers. In January 1914, Ford solved the employee turnover problem by doubling pay to $5 a day, cutting shifts from nine hours to an eight hour day for a 5 day work week (which also increased sales; a line worker could buy a T with under four months' pay),[16] and instituting hiring practices that identified the best workers, including disabled people considered unemployable by other firms.[17] Employee turnover plunged, productivity soared, and with it, the cost per vehicle plummeted. Ford cut prices again and again and invented the system of franchised dealers who were loyal to his brand name. Wall Street had criticized Ford's generous labor practices when he began paying workers enough to buy the products they made.[18]

Ford assembly line (1913)
While Ford attained international status in 1904 with the founding of Ford of Canada, it was in 1911 the company began to rapidly expand overseas, with the opening of assembly plants in England and France, followed by Denmark (1923), Germany (1925), Austria (1925),[19] and Argentina (1925),[20] and also in South Africa (1924)[21] and Australia (1925) as subsidiaries of Ford of Canada due to preferential tariff rules for Commonwealth countries. By the end of 1919, Ford was producing 50 percent of all cars in the United States, and 40% of all British ones;[22] by 1920, half of all cars in the U.S. were Model Ts. (The low price also killed the cyclecar in the U.S.)[23] The assembly line transformed the industry; soon, companies without it risked bankruptcy. Of 200 U.S. car makers in 1920, only 17 were left in 1940.[24]
It also transformed technology. Henry Ford is reported to have said, "Any customer can have a car painted any color that he wants so long as it is black." Before the assembly line, Ts had been available in a variety of colors, including red, blue, and green, but ironically, not black. Now, paint had become a production bottleneck; only Japan Black dried quickly enough, and not until Duco lacquer appeared in 1926 would other colors reappear on the T.[25]
In 1915, Henry Ford went on a peace mission to Europe aboard a ship, joining other pacifists in efforts to stop World War I. This led to an increase in his personal popularity. Ford would subsequently go on to support the war effort with the Model T becoming the underpinnings for Allied military vehicles.

[edit] History of the Blue Oval
The Ford oval trademark was first introduced in 1907. The 1928 Model A was the first vehicle to sport an early version of the Ford script in the oval badge. The dark blue background of the oval is known to designers as Pantone 294C. The Ford script is credited to Childe Harold Wills, Ford's first chief engineer and designer. He created a script in 1903 based on the one he used for his business cards. Today, the oval has evolved into a perfect oval with a width-to-height ratio of 8:3. The current Centennial Oval was introduced on June 17, 2003 as part of the 100th anniversary of Ford Motor Company.[26]

[edit] Post World War I Developments
In 1919, Edsel Ford succeeded his father as president of the company, although Henry still kept a hand in management. Although prices were kept low through highly efficient engineering, the company used an old-fashioned personalized management system, and neglected consumer demand for improved vehicles. So, while four wheel brakes were invented by Arrol-Johnson (and were used on the 1909 Argyll),[27] they did not appear on a Ford until 1927. (To be fair, Chevrolet waited until 1928.)[28] Ford steadily lost market share to GM and Chrysler, as these and other domestic and foreign competitors began offering fresher automobiles with more innovative features and luxury options. GM had a range of models from relatively cheap to luxury, tapping all price points in the spectrum, while less wealthy people purchased used Model Ts. The competitors also opened up new markets by extending credit for purchases, so consumers could buy these expensive automobiles with monthly payments. Ford initially resisted this approach, insisting such debts would ultimately hurt the consumer and the general economy. Ford eventually relented and started offering the same terms in December 1927, when Ford unveiled the redesigned Model A, and retired the Model T after producing 15 million units.

[edit] Lincoln Motor Company
On February 4, 1922 Ford expanded its reach into the luxury auto market through its acquisition of the Lincoln Motor Company, named for Abraham Lincoln whom Henry Ford admired, and the Mercury division was established in 1938 to serve the mid-price auto market.[29] Ford Motor Company built the largest museum of American History in 1928, The Henry Ford.
Henry Ford would go on to acquire Abraham Lincoln's chair, which he was assassinated in, from the owners of the Ford Theatre. Abraham Lincoln's chair would be displayed along with John F. Kennedy's Lincoln limousine in the Henry Ford Museum & Greenfield Village in Dearborn, known today as The Henry Ford. Kennedy's limousine was leased to the White House by Ford.

[edit] Soviet Fords and the Gorki
In May 1929 the Soviet Union signed an agreement with the Ford Motor Company. Under its terms, the Soviets agreed to purchase $13 million worth of automobiles and parts, while Ford agreed to give technical assistance until 1938 to construct an integrated automobile-manufacturing plant at Nizhny Novgorod. Many American engineers and skilled auto workers moved to the Soviet Union to work on the plant and its production lines, which was named Gorkovsky Avtomobilny Zavod (GAZ), or Gorki Automotive Plant in 1932. A few American workers stayed on after the plant's completion, and eventually became victims of Stalin's Great Terror, either shot[30] or exiled to Soviet gulags.[31] In 1933, the Soviets completed construction on a production line for the Ford Model-A passenger car, called the GAZ-A, and a light truck, the GAZ-AA. Both these Ford models were immediately adopted for military use. By the late 1930s production at Gorki was 80,000-90,000 "Russian Ford" vehicles per year. With its original Ford-designed vehicles supplemented by imports and domestic copies of imported equipment, the Gorki operations eventually produced a range of automobiles, trucks, and military vehicles.

[edit] World War II
President Franklin Roosevelt referred to Detroit as the "Arsenal of Democracy." The Ford Motor Company played a pivotal role in the allied victory during World War I and World War II. As a pacifist, Henry Ford had said war was a waste of time, and did not want to profit from it. He was concerned the Nazis during the 1930s might nationalize his factories in Germany. During the Great Depression Ford's wages may have seemed great to his employees but many of the rules of the factories were very harsh and strict. Those were tense times for American companies doing business in Europe. In the spring of 1939, the Nazis assumed day to day control of Ford factories in Germany.
With Europe under siege, Henry Ford's genius would be turned to mass production for the war effort. After Bantam invented the Jeep, the War Department handed production over to Ford. When Consolidated Aircraft could at most build one B-24 Liberator a day, Ford would show the world how to produce one an hour, at a peak of 600 per month in 24 hour shifts. The specially-designed Willow Run plant broke ground in April 1941. At the time, it was the largest assembly line in the world, with over 3,500,000 square feet (330,000 m2) under one roof. Edsel Ford, under severe stress, died in the Spring of 1943 of stomach cancer, prompting his grieving father to resume day-to-day control of Ford. Mass production of the B-24 began by August 1943. Many pilots slept on cots waiting for takeoff as B-24s rolled off the line.[32]

[edit] Post World War II Developments
At the behest of Edsel Ford's widow Eleanor and Henry's wife Clara, Henry Ford would make his oldest grandson, Henry Ford II, President of Ford Motor Company.

A Ford Taurus, one of Ford's best-selling models. In its 21 year lifespan, it sold 7,000,000 units. It is the 4th best selling car in Ford's history, behind only the F-150, the Model T, and the Mustang.
Henry Ford II served as President from 1945–1960, and as Chairman and CEO from 1960–1980. "Hank the Deuce" led Ford to become a publicly traded corporation in 1956. However, the Ford family maintains about 40 percent controlling interest in the company, through a series of Special Class B preferred stocks.
In 1947, Henry Ford died. According to A&E Biography, an estimated 7 million people mourned his death.
Ernest Breech was hired in 1946 and became the Executive Vice President. Then later became Board Chairman in 1955.
In 1946, Robert McNamara joined Ford Motor Company as manager of planning and financial analysis. He advanced rapidly through a series of top-level management positions to the presidency of Ford on 9 November 1960, one day after John F. Kennedy's election. The first company head selected outside the Ford family, McNamara had gained the favor of Henry Ford II, and had aided in Ford's expansion and success in the postwar period. Less than five weeks after becoming president at Ford, he accepted Kennedy's invitation to join his cabinet, as Secretary of Defense.
In the 1950s, Ford introduced the iconic Thunderbird in 1955 and the Edsel brand automobile line in 1958. Edsel was cancelled after less than 27 months in the marketplace in November 1960. The corporation bounced back from the failure of the Edsel by introducing its compact Ford Falcon in 1960 and the Mustang in 1964. By 1967, Ford of Europe was established.
Lee Iacocca was involved with the design of several successful Ford automobiles, most notably the Ford Mustang. He was also the "moving force," as one court put it, behind the notorious Ford Pinto. He promoted other ideas which did not reach the marketplace as Ford products. Eventually, he became the president of the Ford Motor Company, but he clashed with Henry Ford II and ultimately, on July 13, 1978, he was famously fired by Henry II, despite Ford posting a $2.2 billion dollar profit for the year. In 1979 Phil Caldwell became Chairman, succeeded in 1985 by Don Petersen.
Harold Poling served as Chairman and CEO from 1990-1993. Alex Trotman was Chairman and CEO from 1993-1998, and Jacques Nasser served at the helm from 1999-2001. Henry Ford's great-grandson, William Clay Ford Jr., is the company's current Chairman of the Board and was CEO until September 5, 2006, when he named Alan Mulally from Boeing as his successor. As of 2006, the Ford family owns about 5 percent of Ford's shares and controls about 40 percent of the voting power through a separate class of stock.[33]
In December 2006, Ford announced that it would mortgage all assets, including factories and equipment, office property, intellectual property (patents and trademark), and its stakes in subsidiaries, to raise $23.4 billion in cash. The secured credit line is expected to finance product development during the restructuring through 2009, as the company expects to burn through $17 billion in cash before turning a profit. The action was unprecedented in the company's 103 year history.[34]

[edit] General Corporate Timeline

Henry Ford and the Quadricycle

1896 Quadricycle at The Henry Ford Museum in Dearborn, MI

1903 Ford Model A

Ford Model T ad - ca 1908

1930 Ford Model A Fordor

The Ford Australia plant under construction in Geelong, Victoria, Australia, 1926

Mustang Serial #1 - The First Mustang

Ford provides Econoline framework chasses for ambulances
1896: Henry Ford builds his first vehicle – the Quadracycle – on a buggy frame with 4 bicycle wheels.
1898: Henry Ford creates the Detroit Automobile Company; two and a half years later it is dissolved.
1901: Henry Ford wins high-profile car race in Grosse Pointe, Mi
1901: The Henry Ford Company is incorporated but discontinued the following year only to be reinvigorated by Henry Leland as the Cadillac Motor Company
1903: Ford Motor Company incorporated with 11 original investors. The original Model A "Fordmobile" is introduced - 1,708 cars are produced.
1904: Ford Motor Company of Canada incorporated in Walkerville, Ontario
1904: Henry Ford teams up with Harvey Firestone of Firestone Tires
1906: Ford becomes the top selling brand in the US, with 8,729 cars produced.
1908: Model T is introduced. 15 million are produced through 1927.
1909: Ford Motor Company (England) established, otherwise referred to as Ford of Britain
1911: Ford opens first factory outside North America – in Manchester, England.
1913: The moving assembly line is introduced at Highland Park assembly plant, making Model T production 8 times faster.
1913: Ford opens second world branch in Argentina as Ford Motor Argentina
1914: Ford introduces $5 workday minimum wage – double the existing rate.
1918: Construction of the Rouge assembly complex begins.
1919: Edsel Ford succeeds Henry as Company President.
1921: Ford production exceeds 1 million cars per year, nearly 10 times more than Chevrolet - the next biggest selling brand.
1922: Ford purchases Lincoln Motor Company for US $8 million.
1925: Ford introduces Ford Tri-Motor airplane for airline services
1926: Ford Australia is founded in Geelong, Victoria, Australia.
1927: Model T production ends, Ford introduces the next generation Model A, from the Rouge complex.
1929: Ford regains production crown, with production peaking at 1.5 million cars
1931: Ford and Chevy brands begin to alternate as US production leaders, in battle for automobile sales during the Great Depression.
1932: Ford introduces the one-piece cast V8 block.
1936: Lincoln-Zephyr is introduced.
1938: The German consul at Cleveland gave Henry Ford the award of the Grand Cross of the German Eagle, the highest medal that Nazi Germany could bestow on a foreigner
1939: Mercury division is formed to fill the gap between economical Fords and luxury Lincolns. Operated as a division at Ford until 1945
1941: The Lincoln Continental is introduced. Ford begins building general purpose "jeep" for the military. First labor agreement with UAW-CIO covers North American employees.
1942: Production of civilian vehicles halted, diverting factory capacity to producing B-24 Liberator bombers, tanks, and other products for the war effort.
1943: Edsel Ford dies of cancer at the age of 49, Henry Ford resumes presidency.
1945: Henry Ford II becomes president.
1945: Lincoln and Mercury are combined into a single division.
1946: The Whiz Kids, former US Army Air Force officers, are hired to revitalize the company. Automobile production resumes.
1947: Henry Ford dies of cerebral hemorrhage at the age of 83; Henry Ford II becomes new chairman.
1948: F-1 Truck introduced. Lincoln Continental is introduced.
1949: The '49 Ford introduces all-new post-war era cars. The "Woody" station wagon is introduced.
1954: Thunderbird introduced as a personal luxury car with a V8. Ford begins crash testing, and opens Arizona Proving Grounds.
1956: $10,000 Lincoln Continental Mark II introduced. Ford goes public with common stock shares.
1957: Ford launches the Edsel brand of automobiles in the fall of 1957 as 1958 models. Ford is top selling brand, with 1.68 million automobiles produced.
1959: Ford Credit Corporation formed to provide automotive financing.
1959: Ford withdraws the 1960 model Edsels from the market in November 1959.
1960: Ford Galaxie and compact Ford Falcon introduced.
1960: Robert Mcnamara is appointed President of Ford by Chairman Henry Ford II.
1960: Ford President Robert McNamara appointed Secretary of Defense by President elect John F. Kennedy.
1964: Ford Mustang creates pony car segment, Ford GT40 challenges Ferrari and Porsche at LeMans.
1965: Ford brand US sales exceed 2 million units.
1965: Ford Galaxie 500 LTD debuts, advertised as quieter than a Rolls Royce
1966: Ford Bronco sport utility vehicle introduced.
1967: Ford of Europe is established.
1968: Lincoln Mark Series is introduced as the company's first personal luxury car to compete with the Cadillac Eldorado
1970: Ford establishes Asia Pacific operations.
1973: Ford US brand sales reaches an all time high of 2.35 million vehicles produced.
1974: Ford Mustang II debuts as a smaller more economical pony car.
1975: Ford Granada and Mercury Monarch introduced, Maverick continues
1972: Retractable seat belts introduced.
1979: Ford acquires 25% stake in Mazda.
1981: The Lincoln Town Car and Ford Escort are introduced.
1984: Ford Tempo and Mercury Topaz are introduced.
1985: Merkur name launched based on several successful European vehicles.
1985: Ford Taurus introduced with dramatic "aero design" styling, along with Ford Aerostar minivan.
1987: Ford acquires Aston Martin Lagonda and Hertz Rent-a-Car.
1988: Ford Festiva, built in Korea by Kia is introduced.
1989: Ford acquires Jaguar. Mazda MX-5 Miata is unveiled.
1990: Ford Aerostar is Motor Trend's Truck Of The Year, while Lincoln Town Car is Motor Trend's Car Of The Year.
1990: Merkur brand of automobiles production discontinued.
1991: Ford Explorer is introduced, turning the traditionally rural and recreational SUV into a popular family vehicle.
1992: Ford Taurus becomes America's top selling car, displacing the Honda Accord.
1994: Ford Tempo and Mercury Topaz are discontinued - replaced by Ford Contour and Mercury Mystique.
1994: Ford Aspire replaces Festiva, becoming the first car in its class to offer standard dual air bags and optional 4-wheel ABS.
1995: Ford's first front wheel drive V8 sedan is introduced, the 4.6L V8-powered Lincoln Continental.
1995: New front wheel drive Ford Windstar minivan is introduced. Aerostar remains in production. Redesigned Ford Explorer released, now with standard safety features such as dual air bags, 4-wheel ABS as standard equipment.
1996: Ford certifies all plants in 26 countries to ISO 9000 quality and ISO 14001 environmental standards. The V12-powered Jaguar XJS is discontinued.
1996: Controversially redesigned "Ovoid" Ford Taurus and Mercury Sable are introduced. Exit of Chevrolet Caprice leaves full size fleet market to Ford Crown Victoria.
1996: Ford increases investment stake in a troubled Mazda Corporation to a controlling interest of 33.4%.
1997: Full size 4-door SUV Ford Expedition introduced replace the Ford Bronco.Mercury Mountaineer introduced. Redesigned Ford Escort and Mercury Tracer also introduced.
1997: Ford Aerostar production ends, along with Ford Probe, Ford Thunderbird, Mercury Cougar, Mazda MX-6, and Ford Aspire, without immediate replacement.
1997: Sculpted redesign of Ford's top-selling F-150 pickup, overcomes controversy to set sales records.
1998: Lincoln Navigator creates domestic luxury SUV class. Mark VIII is in its final year, introduces HID-headlamps.
1999: Ford acquires Volvo car division from Volvo. Bill Ford becomes Chairman of the Board, replacing Jacques Nasser.
1999: A smaller sporty Mercury Cougar is reintroduced with front wheel drive.
1999: Jaguar Racing Formula One team is formed, with Jackie Stewart at the helm.
1999: Ford splits its full-sized pick-ups into two distinct models (the first to do so) with the introduction of the Ford F-Series Super Duty (F-250 - F-550). Ford Excursion (based on Super Duty) is introduced, and has the distinction of being the largest SUV sold anywhere.
2000: Ford purchases Land Rover brand from BMW. Lincoln LS and Jaguar S-Type are introduced, along with a refreshed Ford Taurus and Mercury Sable. The Lincoln LS becomes the 2000 Motor Trend Car of the Year.
2001: Retro-styled Ford Thunderbird is introduced, based on the Lincoln LS/Jaguar S-Type DEW98 platform, and is also named Motor Trend Car of the Year for 2002.
2002: Lincoln Continental is discontinued after a roughly fifty year run. Jaguar X-Type is introduced (first AWD Jaguar).
2003: Ford Motor Company's 100th Anniversary. The Ford GT is released, along with limited Centennial editions of some Ford vehicles.
2004: Jaguar Racing team sold to Red Bull GmbH. Ranger sales decline, losing the title as top-selling compact pickup. The similar Mazda B-series pickup is withdrawn from the US market. The Ford Escape Hybrid, the first gasoline-electric hybrid SUV, is introduced. Major redesign of the Ford F-150 and introduction of the Lincoln Mark LT. Ford Freestar and Mercury Monterey minivans are introduced, replacing the Ford Windstar and Mercury Villager.
2005: Ford Mustang redesigned with retro styling reminiscent of the 1960s models. The Ford Five Hundred, Mercury Montego, and Ford Freestyle are introduced. Mercury Sable production ends, and Ford Taurus production is limited to rental car, taxi, and other fleet sales.
2006: Ford Taurus ends production after a 20-year run. Ford Fusion, Mercury Milan, and Lincoln Zephyr introduced. Ford announces major restructuring program The Way Forward, which includes plans to shut unprofitable factories. Bill Ford steps down as CEO, remains as Executive Chairman. Alan Mulally elected President and CEO. Ford Freestar and Mercury Monterey minivans are discontinued without replacement. Ford mortgages all assets to raise $23.4 billion cash in secured credit lines, in order to finance product development during restructuring through 2009.[34] According to J. D. Power and Associates quality surveys, the Ford Fusion is rated higher in quality than its chief rivals, the Toyota Camry and Honda Accord.
2007: Ford reports losses of $12.7 billion for 2006. Ford Edge and Lincoln MKX introduced. The Lincoln Zephyr is replaced with the Lincoln MKZ. A redesigned Ford Expedition (including the longer wheelbase "EL" version) and Lincoln Navigator are introduced. Ford unveils the Ford Interceptor and Lincoln MKR concept cars, and a pre-production Lincoln MKS is introduced. The Ford Five Hundred, Ford Freestyle and Mercury Montego nameplates are dropped and replaced with the previously retired Ford Taurus, Ford Taurus X, and Mercury Sable nameplates.[35]
2007: Ford sells Aston Martin to a British consortium led by Prodrive chairman David Richards,[36] and announces plans to sell Jaguar and Land Rover.
2008: Ford Jaguar and Land Rover to Tata Motors. Ford announces plans to sell Volvo.
Sources:
General Timeline (through 2002): Ford Motor Company 2002 Annual Report
Production figures: U.S. Automobile Production Figures

source from:http://en.wikipedia.org/wiki/History_of_Ford

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