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FORD MOTOR COMPANY Exchange: NYSE Manufactures, assembles and sells cars, trucks and related parts and accessories; Leases vehicles and equipment; Provides wholesale financing and capital loans to franchised ford and other dealers; Purchases retail installment sale contracts and retail leases from franchised dealers; Underwrites insurance, including credit life, | ||||
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Ford Motor Company Definition from Encyclopedia Dictionaries & Glossaries
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Ford Motor Company
“Ford” redirects here. For the 38th President of the United States see Gerald Ford. For other uses, see Ford (disambiguation).
Ford Motor Company is an American multinational corporation and the world's third largest automaker based on worldwide vehicle sales.
In 2006, Ford was the second-ranked automaker in the US with a 17.5% market share, behind General Motors (24.6%) but ahead of Toyota (15.4%) and DaimlerChrysler (14.4%). Ford was also the seventh-ranked American-based company in the 2007 Fortune 500 list, based on global revenues of $160.1 billion . In 2006, Ford produced about 6.6 million automobiles, and employed about 280,000 employees at about 100 plants and facilities worldwide. In 2007, Ford had more quality awards from J.D Power than any other automaker.
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