Last week, when I visited the chamber of commerce, to meet my friends, after having the official meeting, we had a casual chat in cafeteria about popular cars. In our conversation, one of my friends was telling about the Ford Car, which he has booked recently. So I became so curious to explore the automotive world about Ford. Though I know Ford was the famous brand from a century, I learnt recently that it is still one of the biggest automotive industries of the world.
How Rich is Ford Motor Company?
Total Net Worth : $ 65 Billion (as on 2016 by Forbes)
CEO : Mark Fields
Headquarter : Dearborn, MI
Founder : Henry Ford
Total Employees : 181,000 (approx)
Total No Office : Over 1001 + (estimated)
Brand Popularity and Models
Ford has won the heart of the people by giving the fastest cars in the world. Ford has got 5th place in most valuable brands in the world. Ford has been listed in the top ten most valuable brands in the world. According to a survey, the model “Ford Focus” is the bestselling car models worldwide in the last year. The famous model called “Ford Mondeo” has been placed in 8th position in the list of the best large family cars in the world.
Some popular models emerged from Ford are “Ford Fiesta”, “Ford Focus”, “Ford Fusion”, “Ford Mustang”, “Ford Escape” , Endeavour, Lincoln, Mercury, Jaguar, and Volvo. Most of these models are luxurious ones and can be afforded by the people from high class societies. Anyhow, after looking the long running history of Ford, I wanted to know net worth of the company and its global market share.
Market Distribution and Competition
Ford is the one among the best brand car sellers, and giving tough fight to General Motors and Toyota. Being the manufactures as well as distributor of automobiles all over the world, Ford operates majorly in the Unites States and Europe countries. Ford Motor Company in India, known as “Ford India”, is placed one among top ten automobile companies in India. “Ford India” has captured more than 3% market share, having stiff competition by Maruti, Honda, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and General Motors.
Market Share and Earning
Ford has been placed 44th in terms of world’s most valuable brands, 24th in terms of the market value. Average revenue has been increasing from last six years around one billion dollars, in spite of a shortfall in between two years.
Ford’s Net Worth is about $65 Billion, and has made more than 145 billion dollars in revenue in the last year. Last decade, in spite of a shortfall in market share also, Ford is quickly picked up from 4.3% to 5%.