FORD MOTOR COMPANY

Henry Ford's first attempt at a car company under his own

name was the Henry Ford Company on November 3,
1901, which became the Cadillac Motor Company on
August 22, 1902, after Ford left with the rights to his
name. The Ford Motor Company was launched in a
converted factory in 1903 with $28,000 in cash from twelve
investors, most notably John and Horace Dodge (who
would later found their own car company). The first
president was not Ford, but local banker John S. Gray,
who was chosen to assuage investors' fears that Ford
would leave the new company the way he had left its predecessor. During its early years, the
company produced just a few cars a day at its factory on Mack Avenue and later its factory on
Piquette Avenue in Detroit, Michigan. Groups of two or three men worked on each car,
assembling it from parts made mostly by supplier companies contracting for Ford. Within a
decade, the company would lead the world in the expansion and refinement of the assembly
line concept, and Ford soon brought much of the part production in-house in a vertical
integration that seemed a better path for the era.
Ford Motor Company is an American multinational automaker that has its main headquarters
in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on
June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand
and most luxury cars under the Lincoln brand. Ford also owns
Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a
32% stake in Jiangling Motors. It also has joint-ventures in China (Changan Ford), Taiwan (Ford
Lio Ho), Thailand (AutoAlliance Thailand), Turkey (Ford Otosan), and Russia (Ford Sollers). The
company is listed on the New York Stock Exchange and is controlled by the Ford family; they
have minority ownership but the majority of the voting power.
Ford has had manufacturing operations worldwide, including in the United States, Canada,
Mexico, China, India, the United Kingdom, Germany, Turkey, Brazil, Argentina, Australia, and
South Africa. Ford also has a cooperative agreement with Russian automaker.
Ford Motor Company Philippines
Ford Motor Company Philippines, Inc. is a Philippine-based subsidiary of Ford Motor Company.
It was primarily focused on manufacturing automobiles for local and regional markets from 1998
until 2012.
Headquarters: Santa Rosa
Owner: Ford Motor Company
CEO: Kay Hart (1 Jun 2013–)
Number of employees: 5,000 (2013)
Founder: Henry Ford

How does this institution influence global economic activity?

This company give a lot of opportunity all over the world and the ford motor company is a
trusted brand for cars.
Institutions strongly affect the economic development of countries and act in society at all levels
by determining the frameworks in which economic exchange occurs. They determine the
volume of interactions available, the benefits from economic exchange and the form which
they can take.
How does it affect economics in the philippines?

 Exchange rates - Exchange rates are a complicated topic, but they clearly have to
apply to those who deal with export or import. Changing exchange rates might affect
how much a company has to pay to its international supplier to satisfy them, which can
affect profit margins, as well as take a lot of resources to stay on top of.
 Taxes
 Giving opportunity to people