Ford Car Company

Henry Ford began life on a farm and had he not been pulled in the direction of mechanics and how things worked, he may well have remained in agriculture. It was his reputation of being the towns watch repairer that propelled him into the world of mechanical engineering.
In 1896, Henry Ford developed his first ‘horseless carriage', he called it the Quadricycle. It was a far cry from the vehicles he would produce under a decade later but it marked the starting point of Ford's career. The Quadricycle was a relative hit and showed enough potential that this was the launch of Henry Ford's career in vehicle manufacture.
On June 16th 1903 the Ford Motor Company was born when Henry Ford and 11 of his business associates signed the company's article of incorporation. The beginnings of the Ford Motor Company were modest by today's standards. It took just $28,000 in cash to get the company up and running with the first recorded shipment of a vehicle being to a doctor in Detroit, recorded on July 20 1903, just one month after signing the papers. They may not have known it at the time, but these 12 men had just given birth to what would become one of the world's largest corporations.
At the Highland Park plant in Michigan, 10 years after starting up the company, in 1913, the most pioneering contribution to car manufacturing was born. The assembly line was a new technique that allowed the workers to stay in one place, performing the same task repeatedly on all the vehicles that pass them throughout the day. This proved a popular idea for Ford as it improved efficiency; the company far surpassed the production levels of their competitors. It was also popular with consumers because the assembly line made the vehicles much more affordable.
The years spanning the world wars saw a hectic time for Henry Ford and his associates. In 1917 they began to produce trucks and tractors. In 1919 there was a conflict with the shareholders over the rising costs of building the giant Rogue manufacturing complex in Dearborn, Michigan. This led to Henry Ford buying out his associates and becoming, with his son Edsel, whole owners of Ford Motor Company. Edsel succeeded Henry as president of the company, but soon died in 1943. This event forced Henry to resume his post as president.
After the Second World War, Henry resigned for a second time, this time passing on the leadership to his eldest grandson, Henry Ford II, who became official president on 21st September 1945. He proved to be very strong leadership for the Ford Motor Company from the post war era into the eighties. He was chairman from 1945 to 1960 and Chief Executive Officer from 1945 until 1979. He was also Chairman of the Board of Directors from 1960 until 1980, and he remained as chairman of the Finance Committee from 1980 until his death in 1987.
William Clay Ford Jr (Henry Ford's great-grandson) was then named CEO at the beginning of the company's second century. He was the first of the Ford family to hold the position for more than 20 years.
In the 1950's, the Thunderbird was born and with it came the chance of owning part of the Ford Motor Company. Ford had gone public and by the 24th February 1956 they had 350,000 new stockholders. Today, Ford Motor Company is a family of automotive brands including: Ford, Lincoln, Mercury, Mazda, Jaguar, Land Rover and Volvo. The company is into its second century of existence with a worldwide organisation. Henry Ford's heritage is retained and is always expanding within the Company, developing products that serve the fickle and ever-changing needs of the people in the global community.
Alan Mulally is today's Ford Motor Company CEO, leading the family of employees, dealers, suppliers, customers, shareholders and more to help fulfil the Ford vision: To create great products that benefit customers, shareholders and society as a whole.