Ford Motor Company The Song Comes

The Ford Motor Company is an automotive manufacturer that was started in the late 1900’s. Many people have run the Ford Motor Company but the founder Henry Ford, he was unlike any other. Henry Ford’s imagination was unlike any other and his brain could come up with some of the greatest things. Until the day Mr. Ford died he created and succeeded in the automotive world and never failed to give to America.

     In 1903 the Ford Motor Company was incorporated after two unsuccessful attempts. Henry Ford was the vice-president and the chief engineer. The company started out only making a few cars a day at the Ford factory, with two or three men working on a car at a time and having to use parts made to order from other companies.2

Ford and Chevrolet (Chevy) are in the automotive industry and have been in completion for many years start back in 1908, both companies started in the state of Michigan and have been battling it out for profits, market share and hometown bragging rights. Ford was founded in the suburb of Dearborn, Michigan and Chevy was founded in Flint, Michigan.

Ford Motor Company, American automotive corporation founded in 1903 by Henry Ford and 11 associate investors. (htt28) It is the multinational corporation and the world's third largest automaker based on worldwide vehicle sales. The Company operates in two segments: Automotive and Financial Services. Automotive includes Ford North America, Ford South America, Ford Europe, and Ford Asia Pacific Africa region. Financial services include Ford Motor Credit Company and Other Financial Service. The Company manufactures or distributes automobiles across six continents. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses, including holding companies and real

Ford has a very strong brand name and offers wide range of cars like automobiles, commercial vehicles, luxury vehicles etc. they also target different set of customers.

Porters Five Forces model evaluated Actual competition, Threat of new entrants, Threat of Substitute Products, Bargaining Power of Suppliers, and Bargaining Power of Customers. Actual Competition in the Luxury Recreational Vehicle industry is mixed due to low switching costs, constant growth, and high differentiation among products in the industry. Threat of New entrants in

Your paper should be between 1750 and 2500 words, in APA format and structured as follows:

Mulally's "ONE Ford" message was proposed to convey consistency over all divisions and all portions of the organization, obliging individuals to cooperate as one group, with one arrangement, and one objective: "an energizing suitable Ford conveying gainful development for

In 1896, in Detroit, Henry Ford made his first automobile. Ford called it the quadricycle. Henry Ford’s original leap into automobile manufacturing was the Detroit Automobile Company, which was founded in 1899. The Detroit Automobile Company was founded as the Henry Ford Company. Tragedy struck in the march of 1902. After falling out with his financial backers, Ford was forced to leave the company with the rights to his name and 900 dollars.

Ford Motor company, founded by Henry Ford, is one of the longest lasting automobile companies in the world. Just like any business, corporation, or establishment, Ford Motors has a vision and a mission statement in which makes up the principals that they stand upon. The mission statement in simple terms is “One Team. One Plan. One Goal.” It is also called the “One Ford” mission, in which basically says that anybody that is connected with Ford has the same mission, in which metaphorically spells “unity” (Thompson, 2017). “People working together as a lean, global enterprise for automotive leadership, as measured by: Customer, Employee, Dealer, Investor, Supplier, Union/Council, and Community Satisfaction,” is what exemplifies one team. “Aggressively restructure to operate profitably at the current demand and changing model mix; Accelerate development of new products our customers want and value; Finance our plan and improve our balance sheet; Work together effectively as one team,” exemplifies one plan. Finally, the goal of Ford Motors is “An exciting viable Ford delivering profitable growth for all” (Thompson, p.1, 2017). The vision statement of Ford Motor Company is, People working together as a lean, global enterprise for automotive leadership.” The leadership of the automotive is ultimately measured by everyone who is connected to the company in which includes the employees, suppliers, communities, customers, investors, and dealers,” (Business, 2015). In order to carry out a vision, one must have a plan of action in order to carry out the vision that has been set. Ford Motors constantly works toward their vision by building, “great products, a full family of vehicles – small, medium and large; cars, utilities and trucks – with best-in-class quality, fuel efficiency, safety and smart design; strong business, based on a balanced portfolio of products and global presence; and better world, accomplished through our sustainability strategy,” (Business, 2015). The mission and vision statement of Ford Motor Company is definitely effective.

known to have adapted practices that were not popular in those days. The Car Maker is known

Initially the first vehicle plants that Ford created overseas were in the UNITED KINGDOM. They were not for cars, they were for tractors Fordson Tractors to be exact and the big seller was the Model F the UNITED KINGDOM. continued to make the Model F until 1964. Now lets go back to 1903 when Ford was created with just 12 Investors and 1000 shares of stock. After some friction with

Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan. The company develops, manufactures, distributes, and services vehicles, parts, and accessories worldwide. The automotive company offers vehicles primarily under the Ford and Lincoln brand names. Ford markets cars, utilities, trucks, service parts, and accessories through distributors and dealers in North America, South America, Europe, Turkey, Russia, and the Asia Pacific region. Ford Motor Company also sells vehicles to dealers for sale to fleet customers, including commercial fleet customers, daily rental car companies, and governments, as well as provides maintenance and repair services. The Financial Services sector offers various automotive financing products to automotive dealers. This sector provides financing products, which include retail installment sale contracts for new and used vehicles; leases for new vehicles to retail customers, government entities, daily rental car companies, and fleet customers; wholesale financing that comprise loans to dealers to finance the purchase of vehicle

Ford automotive company is widely known for its F-series, as well as for dominating the market for some time until the introduction of Japanese carmakers. To maintain market share, Ford will need to maintain focus on their “ONE Ford” plan, implemented by Alan Mulally, who is widely hailed as one of the “five most significant corporate leaders of the last decade.” According to Dess, McNamara, Eisner (2015), “Originally dominated by the “Big 3” Detroit-based car companies- Ford, General Motors, and Chrysler, competition in the United States has intensified since the 1980s, when Japanese carmakers began gaining a foothold in the market” (p.C247)(Dess, McNamara & Eisner, n.d.). Consequently, we can see that the biggest threat Ford faces when it comes to applying Porter’s Five Forces is the competitive rivalry among other firms.

            In the Five forces model, the first factor to be given consideration is the threat of new entrance of new automotive industries.  With the strategic of globally competitive industries like Toyota, Honda, Ford, General Motors and even Fiat, , the threats of entry in the automotive industry is noted to be very low. Based on the case study provided, the threats of new entrants for a new automotive industry is very low since a new auto industries will need more financial resources as well as capital investment to be able to continue the business. In addition, these new industries also need high proprietary technology to manufacture and offer new and innovative automobile/cars  that will compete in the existing automobile models made by the mentioned industries. Aside from this, the economic crisis and the industrial competition also makes the threat of new entrants to be very low since most