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History of Ford Motor Company From Wikipedia, the free encyclopedia Jump to navigationJump to search Henry Ford (ca. 1919) The Ford Motor Company is an American automaker and the world's fifth largest automaker based on worldwide vehicle sales. Based in Dearborn, Michigan, a suburb of Detroit, the automaker was founded by Henry Ford, on June 16, 1903. Ford Motor Company 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 110 years. Ford now encompasses two brands: Ford and Lincoln. Ford once owned 5 other luxury brands: Volvo, Land Rover, Jaguar, Aston Martin, and Mercury. Over time, those brands were sold to other companies and Mercury was discontinued. Contents 1 Foundation 2 Early developments and assembly line 3 Post-World War I developments 3.1 Lincoln Motor Company 3.2 Fordlândia 3.3 The Great Depression 3.4 Soviet Fords and the Gorki 3.5 Era of neutrality 3.6 Wartime 4 Post-World War II developments 5 Recapitalization, restructuring 5.1 Cash hoarding 6 General corporate timeline 7 Criticism 7.1 Nazi collaboration
7.2 Argentine "Dirty War" 7.3 Ford Pinto 8 References 9 Bibliography Foundation Henry Ford built his first automobile, which he called a quadricycle, at his home in Detroit in 1896. The location has been redeveloped, where the Michigan Building now stands, and the tracks for the Detroit People Mover and the Times Square People Mover station are nearby. At the entrance to the Michigan Building, there is a commemorative plaque identifying the original location of the Ford home. The coal shed has been recreated using the original bricks at Greenfield Village in nearby Dearborn.[1] His initial foray into automobile manufacturing was the Detroit Automobile Company, founded in 1899. The company foundered, and in 1901 was reorganized as the Henry Ford Company. In March 1902, after falling out with his financial backers, Ford left the company with the rights to his name and 900 dollars. [citation needed] Henry Ford turned to an acquaintance, coal dealer Alexander Y. Malcomson, to help finance another automobile company. Malcomson put up the money to start the partnership "Ford and Malcomson" and the pair designed a car and began ordering parts. However, by February 1903, Ford and Malcomson had gone through more money than expected, and the manufacturing firm of John and Horace Dodge, who had made parts for Ford and Malcomson, was demanding payment.[2] Malcomson, constrained by his

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