List of Four Enterprises Controlled by Ford
Ford Motor Company: A Look at Its Major Subsidiaries and Joint Ventures
Ford Motor Company, a publicly traded corporation owned by shareholders, has a rich history in the automotive industry. Its primary vehicle brands are Ford and Lincoln, with the latter being considered the luxury arm of the company.
One of Ford's significant growth drivers and revenue contributors is Ford Pro, its commercial-vehicle business unit. On the other hand, the company's strategic focus on electric vehicle (EV) battery production is evident through its 50:50 joint venture with SK On, known as BlueOval SK. This joint venture, established in 2022, produces EV batteries in the U.S., primarily for the Ford F-150 Lightning and E-Transit van.
Historically, Ford had stakes in various automotive subsidiaries, including Jaguar, Aston Martin, Volvo (automobile division), Land Rover, and a significant equity stake in Mazda. However, most of these were sold off by the 2000s as the company refocused on its core automotive and financial services.
In addition to BlueOval SK, Ford has minor investments in smaller EV and related technology companies, such as Xos, Cenntro, and others. However, these investments are relatively small compared to its main operations.
Ford Motor Credit Company, a financial services company, operates in Europe under its own subsidiary, FCE Bank plc, headquartered in the United Kingdom. Ford Land, a full-service real estate company wholly owned by Ford, focuses on creating efficient workspaces and managing real estate globally.
Ford has several joint ventures and wholly owned subsidiaries in various countries. For instance, AutoAlliance (Thailand) Co. Ltd., a joint venture between Ford and Mazda, produces and distributes Ford and Mazda vehicles in Thailand. Similarly, Changan Ford Automobile Corporation Ltd., a 50/50 joint venture between Ford and China's state-owned Chongqing Changan Automobile Company Ltd., produces and distributes Ford-branded vehicles in China.
Ford does not own Mazda, but it does have a 50/50 joint venture with Mazda Motor Corporation, AutoAlliance (Thailand) Co. Ltd., which operates an integrated automotive manufacturing facility for compact trucks and passenger cars.
Ford Motor Company is the fourth-largest publicly traded car company in the world based on revenue and the 12th-biggest based on market capitalization. Its strategic focus on traditional automotive business, including Ford Pro, and strategic EV battery production via BlueOval SK positions it well for continued success in the ever-evolving automotive industry.
In the ever-evolving automotive industry, Ford Motor Company's market capitalization ranks it 12th, making it one of the largest publicly traded car companies globally. This company's strategic focus extends beyond traditional automotive businesses, as it also invests in Initial Coin Offerings (ICOs) and related technology companies such as Xos and Cenntro. The company's financial services are operated by Ford Motor Credit Company, with FCE Bank plc being its European subsidiary.
