Ford's way of doing business

Henry Ford II's post-war restructuring plan enabled the company to recover quickly and further launched its expansion plan. Finally, 44 manufacturing plants, 18 assembly plants, 32 parts warehouses, 2 large-scale test sites and 13 process development and research institutions were established in the United States. In addition to the large-scale increase of Ford's vehicle manufacturing facilities, this plan also introduces the company's diversified operations, involving finance, insurance, accessories and services, electronics, glass, aviation and car rental.

Today, in addition to producing Ford, Mercury, Mazda and Lincoln, the company is also involved in the fields of finance (Ford Credit) and service (Ford Customer Service Department) and car rental (Hertz Company).

Ford Credit is a wholly-owned subsidiary of Ford Motor Company, ranking first in the world in the auto finance industry. It has 1, 1 10,000 customers and nearly 20,000 employees in 36 countries around the world. In addition, it provides wholesale, capital and mortgage services to more than 65,438+02,500 dealers to solve their financial difficulties. Ford Credit leads the industry in customer satisfaction and loyalty. It has won more customer and dealer satisfaction awards from J D Power than any other auto financing provider controlled by its parent company. Ford Financial Services Company was established in June, 1987, 10. It pays attention to the needs of customers and provides a stable source of income to balance the company's automobile business.

Hertz is an indirect wholly-owned subsidiary of Ford Motor Company, which owns the largest car rental business in the world. Hertz's business covers nearly 7,000 operating points in more than 65,438+040 countries around the world, serving many corporate users including Fortune 500 and millions of individual users. In 200 1 year, Hertz's turnover reached $4.9 billion (77% in the United States).