With so many makes and models available at dealerships these days, it can be difficult to choose a single company to trust. Buying a vehicle is a considerable investment, so you have to be discerning with what you want and where to buy it from. Many drivers recommend playing it safe by sticking to well-known automakers like Ford.
According to Statista, Ford remained the leading car brand (based on sales) in 2020. The automaker has done such a great job of marketing its vehicles that when you think of an all-American truck, you’re likely envisioning an F-150. But with over a hundred years of history under its belt, is the Ford Motor Company still American owned and are its vehicles still made in the US?
Is Ford American Made?
Yes, Ford remains an American-made car brand. This multinational automaker was founded by Henry Ford in 1903. It set up its headquarters in Dearborn, Michigan and expanded internationally by 1904.
Ford has since grown into a huge multinational auto corporation with numerous manufacturing plants abroad as well as joint ventures outside of the US. Although it remains an American car brand, many parts are not exclusively manufactured in the country.
The automaker also produces and markets vehicles overseas. Some plants manufacture Ford parts in countries like Mexico, Canada, and China. According to Brandirectory’s Automotive Industry 2020 world rankings, Ford ranks 7th as the most popular auto brand, with an estimate of $18.5M sales. This is not surprising, considering Ford is also well-known outside of the US.
Where Are Ford Cars Made?
A majority of Ford cars and parts are made overseas. While Ford has plenty of plant locations, many of them are shared with its other brands, Lincoln and Mercury. Shared platforms make it easier to assemble multiple components for different brands at the same plant.
Ford has 65 plants worldwide, eight of which are in the US. China is one of its most prominent manufacturers, housing six huge Ford manufacturing plants. Ford has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), Turkey (Ford Otosan), and Russia (Ford Sollers).
Nearly all Ford vehicles sold in North America are manufactured in the United States with the help of a few plants in Mexico and Canada. Huge Ford vehicles like trucks and models with large engines are manufactured mainly in the country. The same goes for the brand’s police interceptors and its luxury line (Lincoln).
Who Owns Ford?
Currently, the Ford Family (2% equity), The Vanguard Group, and Evercore Wealth Management own Ford. While the Ford Family owns very little of the Ford Motor Company in terms of shares today, they still hold the most voting power with 40% across the board.
The Ford Company has three major shareholders as of this writing: William Ford, Mark Fields, and Joseph Henrich. William Clay Ford Jr. is the highest shareholder with 6.8 million shares. Mark Fields follows with 1.8 million shares and Joseph Henrich with 645,155 worth of shares.
Are Ford Vehicles Still a Good Buy?
More than just an iconic American brand, Ford is a trusted auto manufacturer with decades of experience in producing high-quality trucks, cars, buses, and automotive components. Its popularity worldwide is a testament to its durability and reliability in manufacturing vehicles that last.
Ford has been a leader in cutting-edge automotive developments for the past hundred years. When you invest in Ford, you know you’ll get a vehicle that will deliver outstanding mileage and performance while providing the best ride experience. Ford’s lineup is vast and diverse, containing eco-friendly sedans and rugged pickup trucks, so you won’t run out of options to choose from.
Buying a Ford vehicle is also great for the US job market, primarily because the brand provides jobs to thousands of employees. Lastly, it’s easier to get replacement or performance parts for domestic brands because you can source them locally.
The Future of Ford
Although Ford isn’t solely owned by the Ford Family anymore, its future isn’t bleak. It has seen continued success, even withstanding great economic recessions in the past without faltering. The Ford Family still has a majority of voting rights within the company, so it can be presumed that they have significant influence over all major decisions concerning the company.
The automotive industry is constantly changing, with trends popping left and right to improve car capabilities, driving experience, and more. Manufacturers like Ford will make sure that a certain level of American innovation stays despite all the rapid change.