Description

Ford Motor Company specializes in the design, production, marketing, and sale of vehicles. Its operations are structured across several key divisions: Ford Blue, Ford Model E, Ford Pro, Ford Next, Ford Credit, and Corporate Other. The Ford Blue, Ford Model E, and Ford Pro segments are responsible for the sale of Ford and Lincoln vehicles, along with service parts and accessories, and manage all related expenses for their development, manufacturing, distribution, and servicing. Ford Next focuses on expenditures and investments in innovative, nascent business ventures designed to generate value for Ford within markets connected to, but distinct from, its core vehicle operations. Ford Credit primarily handles the company's vehicle financing and leasing operations, managed on a consolidated basis. The Corporate Other segment accounts for various overarching financial and administrative elements, including corporate governance costs, pension and post-retirement benefit adjustments, investment income and losses from cash and marketable securities, and foreign exchange impacts from intercompany loans. Established by Henry Ford on June 16, 1903, the company maintains its headquarters in Dearborn, Michigan.