Top 10 Automobile Companies in the World 2016

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7. Ford

One of America’s revolutionary industrialists Henry Ford founded the company ‘Ford Motors’ popularly has known as Ford earlier in 20th century, which has been one of the most prominent names in the automobile industry.

Image: company website

The company had pioneered mass production through assembly lines for the first time in automobile industry, which has become sort of a benchmark for the companies. Since he opened the Ford Motor Company in 1902, the world has seen more makes and brands of different automobiles than one person could ever imagine.

Ford is headquartered in Dearborn, Michigan amidst the hub of automakers. The Ford Motor Company is the world’s largest family-owned business. Since Henry Ford retired from his CEO position, all CEOs after have been direct relatives. Ford has manufacturing operations worldwide, including in the United States, Canada, Mexico, China, the United Kingdom, Germany, Turkey, Brazil, Argentina, Australia and South Africa. Ford has presence across segments such as sedan, SUVs, trucks and vans etc. It has top selling vehicles such as Mustang, Fiesta, Eco-sports etc in its fleet, company aims to expand the portfolio by including Mondeo and Kuga in late 2016. Ford F-Series is among the best cars in USA. Recently, Ford Motor paid $1,99,950 more than the sticker price -to buy one of the first sport utility vehicles made by Tesla Motors. Ford has been awarded one of the most world’s ethical companies for last 7 years. The Ford GT40 was the vehicle that won the famous LeMans auto race four years in a row. Ford is one of only three American constructors to win titles on the international scene at the FIA World Championships. Ford was involved in Formula One for many years, and offered engines to a large number of teams until 2004. Under the leadership of Mr Mark Fields, Ford has secured 7th place in top 10 automakers’ ranking.

Revenue: USD 1, 49,558.00 million

Net income: USD 7,373.00 million

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