Know About Ford

I think that a lot of people in the United States have Ford trucks with OEM Ford Wheels on them; I mean, theyre really good cars

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The famous Ford Motor Company is known as an American Multinational Corporation thats based in Dearborn, Michigan. The manufacturing company was founded by a man named Henry Ford and was officially incorporated on June 6, 1903. Not only does Ford play a part in Lincoln and Mercury manufacturing, but they also own a small part of Mazda in Japan and Aston Martin in the United Kingdom.

As of now, Ford is known to be the second largest car manufacturer in the United States and the fourth largest in the world. By the end of last year (2009), Ford was named the third largest auto manufacturer in Europe! Lets cover some more basic parts of their history, shall we?

The Ford Company began in a factory in 1903 with a total of $28,000 that came from about 12 investors. During the first couple years it ran, they didnt make a lot of cars with Factory Ford Rims on them; there were only groups of about two or three guys that worked on each car. Henry Ford was 40 years old when he founded the Ford Motor Company; little did he know that this company was going to be really successful, get through the Great Depression, and make amazing looking Ford Mustang Wheels on their cars.

Around the middle of the 1990s, Ford was making and selling a lot of cars with Factory Ford Wheels at a time where the economy here in America was booming and the fuel cost was way lower than what it is now. As soon as the millennium hit, so did the trouble with the economy .. and the trouble has just been growing ever since; but it's just recently getting better. Ford began to see less sales on the cars and their 2005 Ford Mustang Wheels - even though the Mustang was one of their best-selling cars.

Five years after the millennium hit, 2005, the corporate bond rating agencies had downgraded the bonds of both companies: Ford and GM. A year later, in December 2006, Ford Motor Company had raised its borrowing capacity to an estimated $25 Billion. This placed most of all corporate assets as collateral to secure the line of credit. So they wouldnt go overboard with the labor costs that are going ridiculously up and up, they collaborated with the United Auto Workers and came to a settlement that gives the company a substantial break in terms of its ongoing retiree health care costs and other economic issues.

As of now, Ford makes different cars and different OE Ford Wheels under different names like Lincoln and Mercury here in the United States. By the end of this year (2010), Ford has the big plan of discontinuing the Mercury brand. Ford has some major manufacturing operations in places like Canada, Mexico, the United Kingdom, and even Germany. I think this is the thing that confuses me the most because isnt it an American made car with American made Ford Rims on it? Why is it being made in places like these?

Regardless of all this, the Factory Ford Rims and the Original Ford vehicles are the things that will always be selling. The economy is getting better and it seems like this is the first thing that people go after, dont you think?

by: Mykalanne Gutierrez

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