ford

Company Overview Ford is the second largest producer of cars and trucks in the world. ... Ford manufactures vehicles and markets them under such brands names as Aston Martin, Ford, Jaguar, Lincoln, Mercury, and Volvo. The companys financial services operations include Ford Motor Credit, which is the largest auto finance company in the US, and The Hertz Corporation, which is the worlds biggest car-rental firm. ... Ford has two core businesses - Automotive and Financial Services. The companys two core businesses can be broken down further into three primary operating segments - Automotive, Ford Motor Credit Company and The Hertz Corporation. Ford sells cars and trucks throughout the world. In 2002, Ford recorded global sales of 6,973,000 vehicles. The companys automotive vehicle brands include Ford, Mercury, Lincoln, Volvo, Jaguar, Land Rover, and Aston Martin. Ford produces a wide range of vehicles including cars for the small, medium, large and premium segments, trucks, buses/vans (including minivans), full-size pickups, sport utility vehicles and vehicles for the medium/heavy segments. ... In addition to the products Ford sells to dealers for retail sale, the company also sells cars and trucks to dealers for sale to fleet customers, including daily rental companies, commercial fleet customers, leasing companies and governments. In addition to producing and selling cars and trucks, Ford also provides its customers with after sales vehicle services and products, such as maintenance and light repair, heavy repair, collision, vehicle accessories and extended repair service products. ... Fords financial services businesses consist of the Ford Motor Credit Company and the Hertz Corporation. Ford Motor Credit Company is the largest automotive finance company in the US. Ford Credit provides vehicle and dealer financing in 36 countries to more than 11 million customers and more than 12,500 automotive dealers. Ford Credit is a wholly owned subsidiary of Ford. ... Ford Credits retail financing activities include purchasing retail instalment sale contracts and retail leases from dealers, and offering financing to commercial customers, primarily vehicle leasing companies and fleet purchasers, to purchase or lease vehicle fleets.

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