Preview

Ford vs. Gm

Powerful Essays
Open Document
Open Document
4858 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ford vs. Gm
FORD MOTOR COMPANY .VS. GENERAL MOTORS

Ford Automotive Company Background
The Ford Automotive Company began as a vision of its founder Henry Ford. Henry Ford was born in 1863 on a farm near Dearborn, Michigan. In 1890 Ford’s hobby in the engineering field became a career as he began his employment at Detroit Edison Company. In 1892, Ford built his first gasoline buggy in which he sold in 1896 to help fund the construction of a new automobile. Three years later in 1899, Ford was forced to quit despite his promotion to chief engineer because of his hobby outside of work. The loss of his career at Detroit Edison Company did not slow Ford down. Soon after that he started Detroit Automobile Company with the help of some private investors. Shortly after, he withdrew from that business association because of accounting and prices of the cars produced by the company. On June 16, 1903 Henry Ford opened a converted wagon factory on Mack Avenue in Detroit which became known as the Ford Motor Company. After the company was formed it went through ups and down like any other company. The Ford Motor Company fought with the Licensed Association of Automobile Manufacturers over rights for a patent held on road locomotives with internal combustion engines when the company began. The Model T was the beginning mark of Ford’s success being one of its most popular cars in 1908. Ford was also involved in the war effort in World War I. The Ford Motor Company placed its resource at the disposal of the government providing large quantities of automobiles, trucks, ambulances, Liberty airplane motors, Whippet tanks, and Eagle submarine chasers. The Ford Company later expanded into other countries such as England, German, and Russia. The Ford Motor Company has been through many changes in time that include two World Wars, the Great Depression and more.

General Motors Automotive Company Background
William C. Durant, founder of General Motors Company was born in Boston,



Cited: A&E Television Networks, LLC. “William Durant creates General Motors”. http://www.history.com/this-day-in-history/william-durant-creates-general-motors (2011). Dornbach-Bender, Rhett, Bill Slade & Joe Thorpe. “Strategic Report for Ford Motor Company.” Oasis Consulting. 20 April 2009. Web. 11 April 2012. http://economics-files.pomona.edu/jlikens/SeniorSeminars/oasis/reports/F.pdf Ford Motor Company. “An American Legend.” Web. 13 April 2012. http://media.ford.com/article_display.cfm?article_id=81 Glassdoor. “Ford Motor Reviews”. http://www.glassdoor.com/Reviews/Ford-Motor-Reviews-E263.htm (2012). GM Historical Pamphlets. General Motors. http://www.gmheritagecenter.com/gm-heritage-archive/historical-brochures.html (2012). Sabatini, Jeff. “GM now tying all employee bonuses customer Loyalty”. Automotive News. http://www.autoblog.com/2012/06/05/gm-now-tying-all-employee-bonuses-to-customer-loyalty/. (2012). Sustainablity Report: “Employee Satisfaction”. http://ophelia.sdsu.edu:8080/ford/09-05-2010/microsites/sustainability-report-2009-10/society-employees-satisfaction.html Wikimedia Foundation, Inc. Wikipedia. History of General Motors. http://en.wikipedia.org/wiki/History_of_General_Motors (2012). Wikimedia Foundation, Inc. Wikipedia. William C. Durant http://en.wikipedia.org/wiki/William_C._Durant (2011).

You May Also Find These Documents Helpful

  • Better Essays

    Henry Ford, born on July 30, 1863, in Wayne County, Michigan, was an American industrialist who founded the Ford Motor Company. When he was just thirteen years old, Henry Ford received a pocket watch from his father, which he promptly took apart and put back together again. Everyone was impressed with his talent. At age 16, he apprenticed as a machinist and learned important skills that would help him in his chosen career path. Years later, he became an engineer. In 1908, he created the Ford Model T car (Biography.com. 2015, par.1-3). Although he accomplished all this, he is widely known for his invention of the assembly line, which revolutionized the industry and would still be…

    • 854 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    BUS 401 Week 5 FInal Paper

    • 1428 Words
    • 6 Pages

    Henry Ford founded Ford Motor Company in the year 1903 at Dearborn, Michigan, USA and is known to have adopted practices that were not popular in those days. Henry Ford is popular for his practices that were unique in those days as he believed in revolutionary ideas and building revolutionary leadership. He practiced worker friendly policies, innovative methods of large scale car manufacturing and management of huge workforces. He designed a unique mechanism of flexible assembly lines with interchangeable parts that ensured that same part can be fitted in multiple models of the products.…

    • 1428 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The Ford Motor Company was founded on June 16, 1903 by Henry Ford, a chief engineer at the Edison Illuminating Company with years of experience working on steam engines. Having sufficient knowledge on how the automotive industry works, Ford establishes a company with the appropriate leadership and a strong foundation. After many different trails and configurations Ford introduced the Model T in October of 1908, and for several years the company posted hundred percent gains. Ford created the moving assembly line technique of mass production and simultaneously paying his workers steady wages as a method of keeping the best workers loyal to his company. In 1918 more that half of the cars were the Ford Model T in the United States. Henry Ford is considered one of America’s leading businessmen by building the economy during the nation’s early…

    • 845 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Hrm 531 Week 1

    • 861 Words
    • 4 Pages

    Ford Motor Company started as the Detroit Automobile Company and after it failed Henry Ford moved on to reorganize it in 1901. He renamed the company to the Henry Ford Company. Ford then went on to produce only a few cars a day in the company’s factory in Detroit, Michigan. Henry Ford introduced the assembly line manufacturing process between 1908 and 1915 which was innovative for that time period where production rates was faster and rendering costs lower. The T model produced by the Ford Motor Company was in production from 1908 to October 1927. This model was considered to be the first automobile that was an affordable means of transportation for middle class Americans during that time period. Henry Ford quote about the T model “…it will be so low in price that no man making a good salary will be unable to own one — and enjoy with his family the blessing of hours of pleasure in God 's great open spaces” (Henry Ford 1922 Chapter IV). Ford Motor Company did survive the Great Depression but it did suffer from it like most companies and businesses during that time period. The Ford Thunderbird was introduced to compete with Chevrolet’s Corvette, it was a sleek, two door V8 engine car. On February 24, 1956 Ford Motor Company went public with 350,000 new stockholders. Ford Motor Company has been the largest family-controlled company in the world and for over 100 years the Ford Motor Company has been in continuous family control. Ford’s core and associated automobile brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Volvo, and Mercury. Ford Motor Company will face legal issues in the wake of the economic downturn to the present day. Unions will not be willing to stand by while ford closes down plants to become profitable again and this is an issue for both parties. As of fall 2011 the UAW (united auto workers) has threatened Ford Motor Company with…

    • 861 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Ford V Chevy

    • 1170 Words
    • 3 Pages

    There has always been the debate of who makes the best one-ton diesel. Ford and Chevrolet have been competing for the title of the best truck in the work industry for over fifty years. Ford has the F-350 and Chevrolet has the 3500. Two ways to compare these two machines is through there performance and durability. The two trucks are good work trucks but you do not just want a good truck, you want the best for the job and the best is Ford’s F-350.…

    • 1170 Words
    • 3 Pages
    Better Essays
  • Better Essays

    As mentioned before, Henry Ford had established his company, Ford Motor Company, in 1905. In 1908 he introduced his first vehicle, the Model T which sold 34,000 cars at $700 each in 1910 and 730,000…

    • 1372 Words
    • 6 Pages
    Better Essays
  • Good Essays

    The Ford Model A was the first car created by Henry Ford in the early 1900’s. However, Henry Ford created the first car in the 1920’s on an assembly line, the Model T. The Ford Model T became one of the most popular vehicles by 1927. Ford’s major competition was The General Motor Company, otherwise known as, GM. William Durant founded GM in 1902. His company saw many ups and downs, but the 1920’s was great time for GM. Popular GM car models were the 1926 Pontiac and the 1924 Buick.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Good Essays

    After investing in Buick in 1903, William C. Durant quickly put together the companies that became General Motors. It was first incorporated on September 16, 1908 with its headquarters being located in Detroit, Michigan. A few years after becoming incorporated, General Motors acquired big names including Cadillac, Oldsmobile, and Oakland, which is now known as Pontiac. After a financial crisis in 1910, Durant had to step down as president of General Motors, but that didn’t keep him from the auto-industry for long. “Durant quickly joined forces with race-car driver Louis Chevrolet to create a new brand to challenge the Ford Model T. Louis Chevrolet’s successes as a race-car driver and determination at the wheel of early racing machines gained…

    • 523 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Gm vs Ford

    • 1438 Words
    • 6 Pages

    In modern times of technology and innovation our understanding of language, learning, and experience including a proper education in regards to a deaf child is as important and available as ever. As we explore life building methods and techniques to teach deaf children we can recognize many strong forces that effect a Deaf child’s educational-life, building self-growth and worth. The dynamics of a deaf child’s development better meet the child’s needs if the approaches involve methodologies that are individualistic and therefore, if recognized as such can be a major factor improving the child’s progress in future learning. These factors involving the growth of the child are influenced by the configuration of the child’s family and the decisions they make. Another growth-development dynamic about the child is made through the observance and application methods used connecting concepts and research in deaf learning that involves ongoing techniques in cognitive development. Finally, further significance acknowledges the child’s growth involving the education process in the classroom and its role both in learning and experience.…

    • 1438 Words
    • 6 Pages
    Better Essays
  • Better Essays

    The Ford Model T was an automobile invented by Henry Ford. Henry Ford Company was called Ford Motor Company, and was successful from 1908 through 1927. It was considered the first affordable automobile. The first Model T was built on September 27,…

    • 1912 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    By many standards, General Motors is an extremely successful company, though an analysis of the corporation today uncovers many troubling issues. GM is and has been the world 's leader in automotive sales since 1931. (GM Website, 2004) By any corporate measurements, the company is a behemoth, operating across the globe with a 15% share of the world 's automobile market. The company also houses one of the world 's leading financial services companies, GMAC (GM Website, 2004). Though this giant company reports as a single entity, its two businesses are well separated. Our analysis will focus primarily on the automotive division.…

    • 4953 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Toyota vs. Ford

    • 499 Words
    • 2 Pages

    The Toyota Tacoma and the Ford Ranger are the two best-selling compact trucks on the market. The Ford Ranger has been the overall best-selling compact pick-up, in America. The Toyota Tacoma has been the overall best-selling selling import pick-up and America's best-selling compact 4x4 making it a more popular truck then the Ford Ranger. Even though they have very similar options like 4 door, 2 door, 2wd, and 4wd, the parts and styles used are very different. Also the Ford Ranger is very cheap, but it comes with fewer options and it isn't as strong or as good handling as the Tacoma. The Tacoma is a much better truck than the Ford Ranger for many reasons starting with its handling off road, it's tow capacity and it's suspension system.…

    • 499 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Gm Bailout

    • 4925 Words
    • 20 Pages

    Schneider, G. (2005). Industry giant falling behind: GM reports $1.1 billion loss. Retrieved 7th March 2009 http://www.washingtonpost.com/wp-dyn/articles/A2396-2005Apr19.html…

    • 4925 Words
    • 20 Pages
    Best Essays
  • Good Essays

    Durant had bought 17 companies (including Oldsmobile, Cadillac, and Pontiac) by 1910, the year a bankers' syndicate forced him to step down. In a 1915 stock swap, he regained control through Chevrolet, a company he had formed with race car driver Louis Chevrolet. GM created the GM Acceptance Corporation (auto financing) and acquired a number of businesses, including Fisher Body, Frigidaire (sold in 1979), and a small bearing company, Hyatt Roller Bearing. With the Hyatt acquisition came Alfred Sloan, an administrative genius who would build GM into a corporate colossus.…

    • 1339 Words
    • 13 Pages
    Good Essays
  • Satisfactory Essays

    William Durant had a vision to buy all the small car companies. Durant consolidate Buick Oldsmobile,…

    • 126 Words
    • 1 Page
    Satisfactory Essays