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The Ford Motor Company is a multinational automaker of America whose headquarter is located in Dearborn in Michigan, which is a suburb of Detroit. Ford Motor Company was founded by Mr. Henry Ford and was incorporated in the year 1903, June 16. The company deals in automobiles and commercial vehicles and sells them under the brand name of Ford while most of the luxury cars are sold under the brand name of Lincoln. Troller, which is the Brazilian manufacturer of SUV and FPV, the Australian performance car manufacturer are also owned by Ford. It has also produced automotive components and tractors in the past. Ford has 49% stake in Jangling, China, 15% stake in Aston Martin, UK and 2.1% stake in Mazda, Japan. It has also indulged itself in a number of joint ventures, two in Japan, namely Changing Ford Mazda and Ford Leo Ho, one in Russia, namely Ford Sellers, one in Thailand, namely Auto Alliance Thailand and one in Turkey, namely Ford Ottoman. Its listing has been done on the New York Stock Exchange. The Ford family controls the functions of the Ford Motors Company even after having a minority ownership. Forbes describes Ford as “the most important industrial company in the history of the United States”. The means of procedure for large - scale car manufacturing and large - scale management of an industrial workforce have been introduced by Ford with the help of manufacturing sequences assisted by the engineers typified by moving assembly lines . These means of procedure became famous as Faradism, by 1914 (Collins, 2007).
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