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Ford - One of the World's Big Three

One of the most profitable company in theToday, this company takes great pride in
automotive world is known as Ford. This is antheir vehicles which have been accepted
American multinational corporation which isworldwide for their quality levels. Cars
considered the third largest automaker basedmodels such as Mustang created a great buzz
on sales. In 2006 was only topped by Toyotain the automotive community ever since it's
and General Motors as far as vehiclefirst generation. Contemporary Mustangs have
production  according  to  OICA.increased the passion of many car enthusiast
who have created many customization packages
Ford divisions and subsidiaries include:which are referred to as MODs. Changes and
Jaguar, Land Rover, Lincoln, Mercury andupgrades to headlights, bumper, decal
Volvo Cars. Aston Martin was also part of theadditions, tail, rims, tires, paint all
Premiere Automotive Group which is a divisioncontribute to the way these cars are
of the Ford Motors Company until 2007 when itperceived.
was purchased by a British consortium for GBP
479  million.Aston Martin set a very high standard during
the time it was under Ford's supervision and
Ford is also one of the companies whichit's cars were featured in films such as
introduced several innovations to the007's "Casino Royale". On the the other hand,
automotive industry, one of them is theJaguar which is a subsidiary of Ford, keeps
production assembly line which is not onlyproducing luxury cars which set a standard in
used in car manufacturing but in fields suchelegance. The Jaguar model XJR-15 gave a new
as technology, construction, etc. At sometwist to the car style this subsidiary
point the Ford Motor Company considered suingproduces since its appearance is that of a
other car companies because they used thesports-performance  vehicle.
assembly line in their production. Ford
decided not to go through with the lawsuitThis company has also diversified its
because they realized it was vital toportfolio by not only focusing in sport and
creation and expansion of the industry as aluxury cars but in vehicles which run using
whole.alternative fuels to keep the environment
clean. These vehicles use CNG (Compressed
Due to such innovations, Ford's factoriesNatural Gas), electricity as well as a
became extremely efficient which was ofcombination of Ethanol and Gasoline.
benefit to employees who were getting paidCurrently there seems to be significant
very well, and yet the production costs wereefforts aimed towards the production and
relatively low, this later became known asdistribution of E85 (Ethanol 85%) fuels so it
Fordism.will be interesting to know what kind of
fuels future Ford vehicles will use.



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