Price: 12.07 % Change: 3.07
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3/9/2010 4:00pm
Ford Motor Co. - F
Ford Motor Company engages in the production and sale of cars and trucks worldwide. The company also finances vehicles Sectors The company operates its business in two sectors, Automotive and Financial Services. AUTOMOTIVE SECTOR The company sells cars and trucks worldwide. As of December 31, 2008, its vehicle brands included Ford, Mercury, Lincoln, and Volvo. Its cars, trucks, and parts are marketed through retail dealers in North America, and through distributors and dealers outside of North America. In addition to the products it sells to its dealerships for retail sale, the company also sells cars and trucks to its dealerships for sale to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. Through its dealer network and other channels, the company also provides retail customers with a range of after-sale vehicle services and products, including maintenance and light repair, heavy repair, collision, vehicle accessories, and extended service warranty. In North America, the company markets these products and services under various brands, including Genuine Ford and Lincoln-Mercury Parts and Service, Ford Custom Accessories, Ford Extended Service Plan, and Motorcraft. Segments Ford North America: The Ford North America Segment primarily includes the sale of Ford, Lincoln, and Mercury brand vehicles and related service parts in North America (the United States, Canada, and Mexico), together with the design, develop, manufacture, and service these vehicles and parts, as well as the sale of Mazda6 vehicles produced by its consolidated subsidiary AutoAlliance International, Inc. (AAI). Ford South America: The Ford South America Segment primarily includes the sale of Ford-brand vehicles and related service parts in South America, together with the design, develop, manufacture, and service these vehicles and parts. Ford Europe: The Ford Europe Segment primarily includes the sale of Ford-brand vehicles and related service parts in Europe, Turkey, and Russia, together with the design, develop, manufacture, and service these vehicles and parts. Volvo: The Volvo Segment primarily includes the sale of Volvo brand vehicles and related service parts throughout the world (including Europe, North and South America, and Asia Pacific Africa), together with the design, develop, manufacture, and service these vehicles and parts. Ford Asia Pacific Africa: The Ford Asia Pacific Africa Segment primarily includes the sale of Ford-brand vehicles and related service parts in the Asia Pacific region and South Africa, together with the design, develop, manufacture, and service these vehicles and parts. Markets The company’s principal markets include the United States; Europe; Canada; Mexico; South America, including Brazil, Argentina, and Venezuela; and the Asia Pacific, including Australia, China, India, South Africa, and Taiwan. FINANCIAL SERVICES SECTOR Ford Motor Credit Company LLC (Ford Credit) Ford Motor Credit Company LLC offers various automotive financing products to and through automotive dealers worldwide. Ford Credit’s business primarily consists of financing its vehicles and supporting its dealers. Ford Credit’s primary financing products fall into the following three categories: Retail financing: Purchasing retail installment sale contracts and retail lease contracts from dealers, and offering financing to commercial customers – primarily vehicle leasing companies and fleet purchasers – to purchase or lease vehicle fleets; Wholesale financing. Making loans to dealers to finance the purchase of vehicle inventory, also known as floorplan financing; and Other financing: Making loans to dealers for working capital, improvements to dealership facilities, and to purchase or finance dealership real estate. Ford Credit also services the finance receivables and leases that it originates and purchases, makes loans to its affiliates, purchases certain receivables from it and its subsidiaries, and provides insurance services related to its financing programs. Press