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Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment's highest full-year EBT in eight years. However, this upward trend may not last much longer as car sales continue to decline. Ford Credit's ROE, which fell from 22% in 2017 to 14% in 2018 forecasts the segment's coming decline.
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Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand.
Henry Ford II [13] September 21, 1945. November 9, 1960. 6. Robert McNamara [13] November 9, 1960. January 1, 1961. The first non-Ford family member to be president. Left to become Secretary of Defense after just two months.
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Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist and business magnate.As the founder of the Ford Motor Company, he is credited as a pioneer in making automobiles affordable for middle-class Americans through the system that came to be known as Fordism.
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