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Ford Motor Company GROUP PROJECT ACC 505 - FINANCIAL ACCOUNTING 12/01/96 TABLE OF CONTENTS DESCRIPTION PAGE INTRODUCTION........................................................1 LIQUIDITY...........................................................1-3 Working Capital...................................................1 Current Ratio & Quick Ratio.......................................2 Receivable Turnover & Average Days’ Sales Uncollected
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MBA 615 Ford Motor Company May 8‚ 2013 Table of Contents Introduction……………………………………………………………… Page 3 History…………………………………………………………………… Page 4 Justification……………………………….. …………………………….. Page 5 Recommendation…………………………………………………………. Page 9 References………………………………………………………………… Page 10 Appendix A……………………………………………………………….. Page 11 Appendix B ……………………………………………………………….. Page 15 Introduction Ford Motor Company Ford Motor Company ‚ the first major car manufacturer in the United States
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Ford Motor Company OVERVIEW Ford Motor Company is a global automotive industry leader based in Dearborn‚ Mich.‚ manufactures and distributes automobiles in 200 markets across six continents. With about 300‚000 employees and 108 plants worldwide‚ the company’s core and affiliated automotive brands include Aston Martin‚ Ford ‚ Jaguar‚ Land Rover‚ Lincoln‚ Mazda‚ Mercury and Volvo. Its automotive-related services include Ford Motor Credit Company . Ford Motor Company’s key peoples • Board of
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FORD MOTOR COMPANY MULTINATIONAL ENTERPRISE MEMBRES OF THE GROUP: * Guerrero Quiñónez Andrea Guerrero * Larrea Vinces Ingrid * Rosado Loor Vanessa 1.-NAME OF YOUR MNE‚ WHERE ARE THE HEADQUARTERS AND WHO ARE THE OWNERS. The Ford Motor Company ‚ Ford simply called‚ is an American multinational automaker based in Dearborn‚ Michigan‚ United States. It was founded on June 16‚ 1903 by Henry Ford in Detroit‚ Michigan. According to Fortune magazine‚ DaimlerChrysler and Toyota surpassed
Jay Shin Ford Motor Company Background/Introduction: Henry Ford started the company on June 16‚ 1903‚ with 11 business associates and $28‚000 in capital. Ford first came out with the Model A in order to provide affordable car to large population. With such effort‚ Ford’s production of Model T increased from 20‚277 on 1910 to 585‚388 in 1916 cutting the price down by more than half‚ $420. In 1919‚ the Fords purchased all outstanding shares for $105‚820‚894‚ making Ford Motor Company a family-owned
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Abstract This paper is about Ford Motor Company . Ford Motor Company has managed to stay ahead of their competitors‚ GM and Chrysler. In spite of the hike in the gas prices‚ the slump in the economy‚ and the housing fiasco‚ they have managed to survive in this tough economy. The strategies Ford Motor Company uses to conduct business consist of consumer focus‚ creativity‚ resourcefulness‚ and entrepreneurial spirit. Ford Motor Company is a leader in environmental responsibility and they strive to
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Ford Motor Company : A Business Analysis Mary J. Richardson MGT 521 January 30‚ 2012 Erick Espinosa Developing sound strategic plans to address the changing business climate is crucial to organizations operating in today’s global environment. Throughout its history‚ Ford Motor Company has developed effective strategic plans to adapt the business to the changing economy while addressing the needs of their customers and employees. By analyzing the company’s strategic planning‚ along with its
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A Financial Ratio Quarterly Trend Analysis of: Ford Motor Company Computations Line Item | Beginning of Year | | | | | Inventory | | | | $5‚901‚000 | | | | | Total assets | | | | $178‚348‚000 | | | | | Owners ’ equity | | | | $15‚028‚000 | | | | | Number of common shares | | 3‚816 | | | | | | | | | | | | | | | | | | 9/29/2012 | 6/29/2012 | 3/30/2012 | 12/30/2011 | | Line Item | Q1 | Q2 | Q3 | Q4 | Annual | Current
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It was once said‚ "Those who do not study the past are deemed to repeat it." On the brink of the new 21st century it is important for us at the Ford Motor Company to take a look at our past to see what has worked and what has not in order to set the standards for the automotive industry. It is also imperative to take a close look at what our competitors have done because we can also learn from their mistakes as well as improve on some of their ideas that have worked for them. It is important to
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Kenneth Albert Introduction to Business Time 11a-1240p Ford Motor Company one of the world’s largest automobile manufactures was founded in June of 1903. The founder Henry Ford was 39 years of age when he founded the company ‚ first calling it Henry Ford Company . The Company started off with $28‚000 Dollars derived from 12 investors in a converted factory in Detroit‚ MI. Ford Motor Company is most known for it‘s innovations in the automobile industry one being the first assembly line introduced
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day. In fact‚ the output of United States motor vehicles manufacturing is forecast to grow at an annual compounded rate of six percent between 2012 and 2016. The Interindustry Economic Research Find‚ Inc (IERF) funded this forecasting and research project. Data from the Automobile research provided the chart below - published September 2012 Automobile Manufacturing Growth Fluctuates Table 1: Industry Forecast (Data Published September 2012) Ford Motor began mass-producing manufactured automobiles
Ford Motor Company Ford Motor Company is the world’s largest producer of trucks‚ and the second largest producer of cars and trucks combined. Ford has manufacturing‚ assembly or sales affiliates in 34 countries and Ford companies employed 337‚800 people world-wide in 1996. Ford has manufacturing facilities in 22 countries on 5 continents‚ with 87 plants in North America and 41 in Europe. In Europe‚ in 1995‚ Ford’s combined vehicle market share‚ at 12.2%‚ was the highest for eleven years‚ with three
Company Background Name Ford Motor Company Logo Industries served Automotive Geographic areas served Worldwide Headquarters U.S. Current CEO Alan R. Mulally Revenue $ 134.3 billion (2012) Profit $ 5‚665 billion (2012) Employees 164‚000 (2011) Main Competitors Bayerische Motoren Werke AG‚ Chrysler Group LLC‚ Daimler AG‚ General Motors Company ‚ Honda Motor Company ‚ Nissan Motor ‚ Tata Motors ‚ Ltd.‚ Toyota Motor Corporation‚ Volkswagen AG and many other automotive companies . Ford Motor Company is one
(BUS 302): Week (4) – Assignment # 1: ( Ford Motor Company ) (1/21/2011) (Shalema Rodriguez) (6448862787) Student (Strayer University) Professor Chester Galloway (BUS 302): Week (4) – Assignment # 1: ( Ford Motor Company ) (1/21/2011) (Shalema Rodriguez) (6448862787) Student (Strayer University) Professor Chester Galloway 1. Discuss at least three criteria the company should use to decide which of the four listed options is best and the reasons why each criterion should be used. Based
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Ford Motor Company Ford Motor Company is the third largest automobile manufacturer in the world based on automobiles sold. Ford manufactures and distributes automobiles in 200 markets across six continents (Datamonitor 4). Ford ’s brands include Ford ‚ Jaguar‚ Lincoln‚ Mercury‚ Volvo‚ Land Rover‚ Aston Martin‚ and Mazda. Ford ’s key products include passenger cars‚ trucks‚ busses and vans‚ sport utility vehicles‚ vehicle accessories‚ after-sales vehicle parts and products and extended repair service
Ford Motor Company’s Value Enhancement 1. Does Ford have too much cash? The amount of cash that Ford is carrying on its balance sheet is too much considering that additional money not used for the advancement of the company belongs to the owners of the firm‚ the shareholders. Having too much cash on its balance sheet will be a disincentive to Ford’s employees who consequently will feel not feel an urgency to perform and add value to the company . Notwithstanding the fact that the company
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Henry Ford was the creator of Ford Motors that started on June 16‚ 1903. “Henry Ford was a farmer’s son whose manufacturing genius transformed life around the globe” ( Ford Motor Company ‚ 2010) Henry was born July 30‚ 1863 and was the oldest of six siblings. Although he was committed to his family farm‚ he was always interested in machinery and mechanics. Which later helped him develop Ford Motors ? “When Ford Motors began it consisted of eleven business associates and $28‚000 in capital.” (Ford
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Ford Motor Company has had its share of success and failures over the years. In order for the company to remain competitive and relevant in today’s economy‚ Ford should actively anticipate threats and have a strategy in place that allows them to minimize impacts while capitalizing on external opportunities. Ford Motor Company is one of three major domestic automobile manufactures. They also own Volvo‚ Aston Martin‚ Land Rover‚ Jaguar‚ and Mazda. Some of the external threats that face Ford Motor
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torFord Motor Company Case Report Executive Summary Ford Motor Company is based in Dearborn Michigan and was incorporated in 1903 by Henry Ford . Its core business is the design and manufacturing of automobiles. As Teri Takai‚ the Director of Supply Chain Systems‚ I will recommend Environmental and Root Cause Analysis How should Ford progress with emerging technologies and other high tech ideas Virtual integration - Ford needs to radically change its supply chain to keep up with the changing technologies
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Case 2: Ford Motor Company’s Value Enhancement Plan | 1. Does Ford have too much cash? For this question‚ we need some measurement of liquidity to compare the turnover rate and reservation of cash for Ford ‚ GM‚ Chrysler and compare those measurements in different years to see if Ford have too much liquidity which means too much cash. Quick ratio is liquidity measurement which is a variant of the current ratio. It focuses on quick assets‚ which are those assets likely to be converted to cash
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Ford Motor Group Thesis
Pages: 21 (5756 words) · Style: APA · Bibliography Sources: 7 · File: .docx · Level: College Senior · Topic: Business
TOPIC: Thesis on Ford Motor Group Assignment
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Ford Motor Company Research Paper
How did the model t changed the progressive era.
The first production of the Model T was produced on August 12, 1908. On May 26, 1927, the 15 millionth Model T rolled off the assembly line at Ford's factory in Michigan. Today there are still fords being produced. This changed the Progressive Era, because the car became a demand and became powerful in the industrial world.
Compare And Contrast The Economic And Social Changes Of The 1920's
The 1920’s was a time of major change for America, both economically and socially. This economic change can be attributed to the mass production of automobiles. The largest car company at this time was the Henry Ford Motor Company. Henry Ford’s industrialization of the automobile changed people’s lives, altered America’s landscape, and created more employment opportunities.
Compare And Contrast Essay On Ford Vs Chevy
Most people who like trucks admire them for the way they look or how they run on the road and other things trucks have. There are a variety of types of trucks such as Ford, Chevy, Nissan, Toyota, Dodges (Rams), GMC and maybe Hondas. There is people who talk about which truck is better by comparing them together and arguing about them. But we are going to compare Ford and Chevy. To start where and how did Ford brand begin? Well, Ford got the name from Henry Ford, who was born on July 30, 1863, in Wayne County, Michigan and died April 7, 1947, in Dearborn Michigan. Henry Ford was an American automobile manufacturer who created the Ford Model T, the very first drivable and functional car in 1908 and went on to develop the assembly line mode
Why Henry Ford Created The Assembly Line
What- On December 1, 1913, Henry Ford installed the first assembly line for the mass production of an automobile. On June 4, 1924, the 10-millionth Model T left the assembly line.
Chevy Vs Ford Compare And Contrast
Both Ford and GM see the big deal of need in making fuel efficiency better and keeping the best technology in their vehicles to keep their customers. Most countries, including the U.S., have very strict laws on fuel efficiency and emission standards (environmental pollution from cars). Both Ford and GM have reduced the fuel
Ford Ethos Pathos Logos
Ford uses todays issues to sell their trucks to consumers, one being the most prominent: global warming. Ford focuses on their vehicles fuel economy to to help sell their trucks to the consumer. They are
The 1920's Automobiles
“Henry Ford’s Model T marked the beginning of the car as a mainstay in our society” (WSP Global). Henry Ford also designed his own engine for his own business. In his younger years, Ford fixed watches for his friends and family. Once Ford was older, he served as chief engineer for the Edison Illumination Company for more than five years. Before Ford started his own business, Karl Benz was credited for the invention of automobiles, but Benz’s cars were expensive. Only the wealthiest people could afford them. Thanks to Henry Ford, a fours wheeled motorized vehicle that everybody could afford was designed. Soon after the four wheel car was introduced, Henry Ford started his company. His company could make more than five cars at once. One of the biggest selling models from Ford was the Model T. The Model T was the most successful brand selling over fifteen million cars. Even today Ford is still the biggest brand in the country
How Did Henry Ford Become Successful
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External Environment Of Ford Motor Company
Looking at the impact of external environment on select companies, we’ll look at both Ford Motor and General Motor companies. The Ford Motors company approximately had 14 percent market share in the U.S. automobile industry (David, 2011). The company had recovered a lot after the impact of recession in the year 2008. The company has been investing in developing vehicles which use alternate energy sources, and is having global presence and brand reputation for its automobiles. The company has received government support during the recession period, and had to cut down thousands of jobs and adopted latest machinery for enhancing the productivity of the company. The Ford Company has also established financial services to expand and cater to the needs of their customers to purchase a vehicle, providing direct loans from the company. Currently, the external environment is conducive for Ford Motor Company, expecting for a demand for its products in the coming three years. The tax, fiscal, and economy policies in the present automobile market are favorable for the Ford Motor Company at the national and international levels.
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Industrialist, leader in innovation, and founder of Ford Motor Company, Henry Ford was the creator of the first moving assembly line. He greatly impacted the 20th Century, and transformed the automobile from a new money luxury to a modern and practical convenience. His Model T was the first vehicle that middle-class Americans were able to afford. The invention of the Model T would greatly change the society and revolutionize conveniences and transportation.
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Henry Ford had a profound impact on United States history by laying the foundation for the twentieth century. Ford was born on July 30, 1863 in Dearborn, Michigan. During his early childhood he was fascinated by machines and at the age of 16, he left home and found apprentice work as a machinist. This was the first step for Henry Ford in creating a significant impact in United States history. In 1893, Henry Ford became the Chief engineer for the Edison Illuminating Company and with his acquired skills throughout his life; he created a gasoline-powered horseless carriage called the “Quadricycle.” Later it will be known as an automobile or car we use in the world today. With Ford’s success in creating new automobiles, he attracted many investors
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Regional geography department - Ford in its organizational structure has a great deal of geographical division. In general, the global company to every continent or its business into several areas of the subcontinent. However, ford 's organizational structure is divided into three regions division, only covers all markets around the world. Characteristics of the organizational structure of the potential impact is relatively easy to integration of business
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Ford Motors and the Automobile Industry Research Paper
Introduction, the world automobile industry, ford‘s performance, what is needed inside ford, corporate governance, corporate strategy, mergers and acquisitions.
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In 2009, Ford Motors was rated the second motor vehicle manufacturer in the world according to Standard & Poor’s. However, negative forces to include the rumblings of its shareholders made Ford to encounter environmental forces, which were not favourable for its growth.
Henry Ford founded the company with many innovations introduced in manufacturing. One of these is the best-known Model T of mass production, the moving assembly line – which is actually composed of conveyor belts – where time of work was reduced (Goh & Garg, 2008, p. 57). Ford revolutionized the car industry, paid higher wages to factory workers, and made cars affordable to anyone.
The company became a multinational corporation in 1970 but was predominantly operating in North America with subsidiaries in major markets in countries like Britain, Germany or Australia. These subsidiaries however have their own manufacturing plants. With intense globalisation, the Ford organization started to restructure internationally. In Europe, Ford was consolidated with further product development and designs which were originally European. (Grant, 2005, p. 440)
Ford is best known in the United States for its cars, trucks, crossovers and SUVs (Ford, 2010). In 2008, Ford was adjudged by Standard & Poor’s (2009) as the world’s second largest motor vehicle manufacturer, producing cars and trucks, including plastic and glass parts of the cars they make, and replacement parts.
Financial services include Ford Motor Credit (automotive financing and insurance) and American Road Insurance. Ford has a big share in the world market. It has a 33% stake in Mazda Motor Corp. It has ventured in many countries, trying to feel its presence even in China, which is the fastest growing market in the automobile industry. (Rushton & Walker, 2007, p. 32)
Automobile industries around the world have a great part in the nation states’ gross national product (GNP), accounting for at least ten percent or more. These industries have evolved and encountered many changes over the years. (Shimokawa, 2010, p. 1)
Technological advancement and continuous innovations have motivated organisations and businesses to react to changes in the global competition. Organisations have to reorganise, re-evaluate and reprogram outdated functional programs and activities, and realign them to the present trends for improvement and competition.
Personnel and field people, ordinary employees, including middle-level and top management have to refocus along the line of technological innovations. External and internal environments in organisations are becoming complex; thus they are handled with a globally-oriented brand of management.
Ford Motors is a knowledge-based, global firm, the world’s second in the vehicle automotive industry. General Motors was once the world’s leader in vehicle manufacturing but with the recent global economic downturn, there are doubts now to its leadership since it needed government bailout.
Data for the world automotive markets are confusing. Different companies publish their own information on sales and market shares based on some segmentation.
GM, for example, defines its markets to include trucks and vehicles like buses and lorries. With these data and profiles, it is really difficult to have a comparison among the different vehicle manufacturers. Most world automotive companies are involved in the commercial and passenger markets. This is because the technology and the production systems are the same. (Lynch, 2006, p. 767)
Globalisation impacted on the automobile industry which resulted in mergers and acquisitions of well known car brands. Ford acquired Jaguar and Volvo and also partnered with Mazda Motor Corporation. (Plunkett, 2006, p. 18)
The automobile industry has been characterised by intense competition, lower market share, and there are many products coming from different competitors. Other environmental forces include high prices of gasoline and a sudden change in the demand for Ford’s pick-up trucks. Ford’s sales were down during the period 2008-2009. (Standard & Poor’s, 2009, p. 211)
Leading car manufacturers in the United States have been threatened by the Japanese car firms, forcing them to modernise their plants and cut costs of parts, or introducing new designs of vehicles. In 2003, Toyota was the second largest car producer, with seven million vehicles to boast.
Ford then was tailing Toyota, having a market share of 12 percent. Ford was followed by two German firms, Volkswagen and DaimlerChrysler. Others in the competition were Fiat, PSA Peugoet Citroen and Renault of France, the Japanese Honda and Nissan, and the Korean Hyundai. (Lynch, 2006, p. 767)
The rising costs of manufacturing have forced car makers to find ways and implement innovative solutions. Outsourcing of parts and car components is now a trend, and many of them have merged or have used companies in China which manufacture cheap parts.
Stiff competition is a big challenge to the automotive industry, and this is of Ford’s problems. Consider Toyota. This is a fast growing company and a threat to American car manufacturers. Toyota has been in the forefront of car making because of an effective strategic and operational management coupled with an efficient and s competitive workforce.
Toyota strategies involve innovations in production, marketing, sales and promotions, and branding. But to top it all, it has been able to handle knowledge management like it is a part of ordinary business. Along with a determined workforce, Toyota introduced the kaizen and kanban concept of production.
Kaizen means “continual improvement”. Toyota engineers cut or shortened some stages of production to save time and provide flexibility. (Gourlay, 1994, p7, cited in Lynch, 2008, p. 773)
Labour unions have to be dealt with squarely and provided affordable benefits. The automobile industry is one of the most labour-intensive industries in the world. Labour unrest is one challenge Ford has to face.
Additionally, Ford’s products were becoming less in demand; it needed successful products to be on the competition again. This is one of the most important needs for Ford. According to Standard & Poor’s (2009, p. 211), Ford lost market shares in 2008. That year, Ford had trouble reaching an agreement with the labour union, UAW.
It was crucial and one that involved life or death, and it still is a question whether Ford chose the former. Having an agreement with the demands of UAW was a big challenge for Ford.
The agreement included unprecedented benefits and giving in to some of the demands of the union like changing some work rules. The company had also to establish the health care trust system to be managed by union people.
In other words, Ford was freeing on the reins, leaving some of the responsibilities and allowing the workers to hold power. This is a question whether this strategic move put Ford into a competitive advantage or into a suicidal situation.
But UAW won, and it is believed Ford got its share of successes too, in terms of providing health and other benefits for its thousands of employees. Satisfied labourers create a wholesome atmosphere in the workplace, and satisfied workers will rebound into satisfied customers. (Standard & Poor’s, 2009, p. 212)
In terms of work and life balance for the Ford employees and workers, Ford management may have done its share of promoting the well-being of its employees and providing inspiration and motivation. The management believes that when people are motivated, they accomplish goals.
Workers become productive when they feel they are a part of a team, or part-owners of the organisation. They feel this sense of belongingness and so they strive for the organisation’s improvement. They do not regard money as an objective, and work becomes a part of life.
However, the Ford management has not yet freed itself from the traditional form of management. Some members of the Board are chosen from the members of the Ford clan and decisions are biased to the side of the family rather than the organisation. (Standard & Poor’s, 2009, p. 212)
Ford’s vehicles are not anymore the quality-oriented vehicles that it used to be. During 2008, revenues fell and it was not yet clear when it was going to go up. This has been made complicated by the supply and demand scenario. Up to 2010, there has been a weakening demand of cars in the United States and Europe. (Standard & Poor’s, 2009 p. 212)
Intense competition, a lowering of the market share, and gas hikes have characterized the dilemma in the automobile industry in the different areas of the globe. Ford’s pride, the pickup trucks, was no longer selling.
With the recession, car and vehicle lovers wanted affordable cars, but full of quality. And that’s not enough. For instance, in India when there has been a desire for cheaper cars, Tata Motors manufactured the world’s cheapest car, the Tata Nano, but it was not selling.
Ford Motors came in to the rescue, or, it wanted to have a share of the losses that Tata Motors was having. Ford penetrated the India market, made some acquisitions, and introduced its own small cars at a time when Tata Motors was not reaping the gains of the cheapest cars in the world. Ford announced to build a new model, the Figo. (Canis, 2011, p. 49)
The Indians were laughing at the Tata Nano cars. Many commentators have said that Tata Motors’s manufacturing of the small cars was a mistake. The cheap cars flopped.
Another problem is corporate governance. Ford’s family members have more voting rights than other shareholders. This has been a problem of the Board and the rest of the company. This could be the answer to the negative show in the stockholders’ equity.
Ford has a reputation of high sales in new light vehicles, but its leadership has been threatened by the increase in competition by Asian companies, the Tata Motors from India, and the merged companies in China.
There is also a shift from the large SUV to smaller crossover utility vehicles (CUVs). In 2008, Ford has to introduce its own CUVs. In 2010, Ford has diversified some of its vehicle designs, such as the CUVs.
Ford made some mergers and acquisitions to be able to compete financially. In December 2005, it sold its Hertz Corporation unit for $15 billion. Ford’s finances for the future were to be diluted with this sale because according to Standard & Poor’s, Hertz contributed to Ford’s profits.
Ford also acquired AB Volvo for $6.45 billion, and in 2000, Land Rover was bought from BMW for $1.9 billion. Moreover, Ford sold Jaguar and Land Rover to Tata Motors for $2.3 billion. There was sort of discrepancy in the goals of Ford because it used $600 million from the sales acquired from Tata Motors for the pension plans of Jaguar and Land Rover. (Standard & Poor’s, 2009, p. 213)
With U.S. market share down, Ford started to restructure plans so that it could lower down the costs of production and operations. Ford made a shabby performance for its corporate strategy in 2008-2009. The reason for this is that it received some obligations out of its partnership with Visteon Corporation, the parts manufacturing firm to whom Ford had some obligations that had to be ironed out. It had to face additional expenses at a time when it was struggling to reduce costs of production and operations.
Out of these transactions, Ford acquired 23 manufacturing plants from Visteon which were considered additional obligations and not real assets.
Standard & Poor’s (2009) says they were money-losing plants delivered to them by Visteon Corporation. Ford had to provide financial assistance to this company in exchange for warrants for company shares of Visteon. It was not a good deal after all.
Was Ford’s continued effort of M&A a necessary strategic move? Ford acquired various companies in the different areas of the globe.
According to Grubb & Lamb (2000, p. 24), mergers and acquisitions (M&A) should be properly planned and executed. In other words, there are many requirements and preparations before the actual execution of M&A; otherwise, this will fail. M&A should not be executed for the sole purpose of expanding (because this is now the age of globalisation) or to fulfil the goals of some ego-boasting managers.
Careful study and preparation can minimise financial losses and prevent the flight of significant and top talents of the organisations. There are long-term benefits that a firm can attain, not just market share gains. One is the vital core competency as a “Great Acquirer” with benefits such as financial, managerial, and reputational aspects of M&A moves. Great Acquirers are approached by competing companies if they have such reputation.
Grubb and Lamb (2000) praised Ford Motor Company for reaping big dividends as the world automotive industry scampered to find partners in the rush for M&A. (Simison, 1999, p. A3)
Ford Motors follows the present trend in global organizations, the horizontal structures of business organizations. The traditional structure uses the vertical set up where top management takes the reins of power from the top down to the low level employees.
Ford Motors have subsidiaries worldwide, a characteristic of multinationals. However, these subsidiaries have their own independence. They manage and rule themselves and manufacture their own products.
Mergers and acquisitions are a normal activity among global organisations. How can this be properly managed is still a question. Ford should pause and think before taking another M&A activity. Ford’s decision to build small cars in India, in reaction to the launching of the Tata Nano was not a good choice. Manufacture of a new product has to be afforded with serious study and R&D.
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Essays on Ford Motor Company
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https://red.mnstate.edu/thesis/150 ... Description: Ford Motor Company is an American automobile company with its base in Dearborn,.
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