Portage Motor Company is a global automaker that has its primary headquarter in Dearborn, Michigan, a suburb of Detroit. It was established by Henry Ford and fused on June 16, 1903.
The organization sells cars and business vehicles under the Ford brand and most extravagance autos under the Lincoln brand. Portage likewise claims Brazilian SUV producer Troller, a 8% stake in Aston Martin of the United Kingdom and a 32% stake in Jiangling Motors. It additionally has joint-adventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), Turkey (Ford Otosan), and Russia (Ford Sollers). The organization is recorded on the New York Stock Exchange and is constrained by the Ford family; they have minority proprietorship however most of the casting a ballot power.
Passage presented techniques for substantial scale assembling of vehicles and vast scale the executives of a mechanical workforce utilizing extravagantly built assembling arrangements exemplified by moving sequential construction systems; by 1914, these strategies were referred to around the globe as Fordism. Portage’s previous UK backups Jaguar and Land Rover, procured in 1989 and 2000 separately, were sold to Tata Motors in March 2008. Passage possessed the Swedish automaker Volvo from 1999 to 2010. In 2011, Ford ended the Mercury brand, under which it had promoted section level extravagance vehicles in the United States, Canada, Mexico, and the Middle East since 1938.
Passage is the second-biggest U.S.- based automaker (behind General Motors) and the fifth-biggest on the planet (behind Toyota, VW, Hyundai-Kia and General Motors) in view of 2015 vehicle creation. Toward the finish of 2010, Ford was the fifth biggest automaker in Europe. The organization opened up to the world in 1956 however the Ford family, through uncommon Class B shares, still hold 40 percent casting a ballot rights. During the budgetary emergency toward the start of the 21st century, it was near liquidation, yet it has since come back to profitability. Ford was the eleventh-positioned by and large American-based organization in the 2018 Fortune 500 rundown, in view of worldwide incomes in 2017 of $156.7 billion. In 2008, Ford created 5.532 million automobiles and utilized around 213,000 representatives at around 90 plants and offices around the world.