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Q: Business ( Answered 4 out of 5 stars,   1 Comment )
Question  
Subject: Business
Category: Business and Money
Asked by: mayli-ga
List Price: $40.00
Posted: 09 Oct 2002 19:27 PDT
Expires: 08 Nov 2002 18:27 PST
Question ID: 74688
I need the report about Ford  Motor Company.

The following topics must be addressed in your report 

¨       Description of company 

¨       Company structure, divisions, groups of companies etc. 

¨       Description of the company's operations (goods and services). 
What industry are they in?  Who are their major competitors?  What
types of goods and/or services do they produce?

¨       Environmental variables that have played a role in the
organization's performance (address only the ones that are relevant to
your company).  Examples of environmental factors are: economic,
political, legal (government regulations, new laws etc.) and social
etc.

¨       Retrospective.  Overview of what happened during the fiscal
year.

¨       What is their strategy and outlook 

¨       Current issue 

¨       You must find two articles about the company (newspaper,
Internet) and discuss.

 List 

You must also include a list of the following 

¨       Top management formation (organizational structure) 

¨       Name of the President, Chief Executive Officer and Chairman of
the Board

¨       The number of employees 

¨       The number of people on the Board of Directors 

¨       Head office location and countries in which the company
operates.

¨       Dates 

¨       Year-end 

¨       Date of annual meeting of shareholders 

¨       Date of signature of audit report 

¨       Stock Exchange(s) where the shares of the company are listed.
Answer  
Subject: Re: Business
Answered By: easterangel-ga on 09 Oct 2002 23:16 PDT
Rated:4 out of 5 stars
 
Hi! Thanks for the interesting question.

I will use different online tools, like the company website, market
guides and news resources to find a comprehensive profile of the Ford
Motors Company.

1. Description of the Company: Yahoo Market Guide
http://yahoo.marketguide.com/MGI/busidesc.asp?target=/stocks/companyinformation/busidesc&Ticker=F

Company History:
http://www.ford.com/en/ourCompany/centennial/default.htm 

Automotive Core Brands:
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/global.htm

http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/global2.htm

http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/global3.htm

Subsidiaries as listed by Hoover’s Online

AutoAlliance International, Inc.
Automobile Protection Corporation - APCO
Collision Team of America Inc.
Covisint, Inc.
Ford Motor Company of Canada, Limited
Ford Motor Credit Company
The Hertz Corporation
Mazda Motor Corporation
Premier Automotive Group
TH!NK Group

Source: Hoovers Online
http://www.hoovers.com/co/capsule/7/0,2163,10597,00.html#COMPETITORS 

Subsidiary Locations:
http://www.hoovers.com/cgi-bin/offsite?site=HBN&url=http://hoovers.infousa.com/cgi-bin/abicgi/abicgi.pl^bas_type=hoovers&bas_vendor=098&bas_session={bas_session}&bas_page=1&bas_action=Subsidiaries&sch_abinumber=6621098

Major Competitors:

DaimlerChrysler AG
http://www.hoovers.com/co/capsule/7/0,2163,58357,00.html 

General Motors
http://www.hoovers.com/co/capsule/0/0,2163,10640,00.html 

Toyota Motor Corporation
http://www.hoovers.com/co/capsule/9/0,2163,41889,00.html 

Honda Motor Co., Ltd.
http://www.hoovers.com/co/capsule/7/0,2163,41867,00.html 

Bayerische Motoren Werke AG
http://www.hoovers.com/co/capsule/8/0,2163,41758,00.html 

Volkswagen AG
http://www.hoovers.com/co/capsule/3/0,2163,41853,00.html 

----------------
2. Company Structure

Board of Directors
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/directors.htm

Company Officers:
Profile
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/officers.htm

Bios:
http://yahoo.marketguide.com/MGI/biograph.asp?rt=offrdirs&target=/stocks/companyinformation/officersanddirectors/biograph&Ticker=F

Compensation:
http://yahoo.marketguide.com/MGI/compens.asp?rt=biograph&target=/stocks/companyinformation/officersanddirectors/compens&Ticker=F

Divisions – You could use the different Ford divisions from their
careers website to determine the divisions.
http://www.mycareer.ford.com/OURCOMPANY.ASP?CID=26 

Number of Employees: Worldwide
2001 - 354,431
2000 – 350,117
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/72.htm

Average Number of Worldwide Employees
1999 - 374,093
1998 - 342,545
1997 - 363,892
1996 - 371,702
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2000annualReport/summary.htm

Selected Employee Profiles:
http://www.mycareer.ford.com/ONTHETEAM.ASP?CID=20

---------------
3. Countries Where the Company Operates In:

Worldwide Plant Directory:
http://media.ford.com/article_display.cfm?article_id=4221

Email List for Ford International Offices:
http://www.mycareer.ford.com/OURCOMPANY.ASP?CID=27

Head Office: 
One American Road
Dearborn, MI 48126
Phone: (313) 322-3000
Fax: (313) 845-7512
 
-------------
4. Investor Information

Overview of what happened during the fiscal year:

“For the six months ended 6/30/02, total revenues decreased 3% to
$82.19 billion. Net income applicable to Common and acct. change rose
57% to $471 million. Results reflect lower vehicle unit sales volume,
offset by lower operating expenses.”
http://biz.yahoo.com/p/f/f.html 

Assessment from Ford Motor Company:
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/building.htm

Date of annual meeting of shareholders:
  
“The 2002 Annual Meeting of the Shareholders will be held at 10:00
a.m. (PDT) Thursday, May 9, 2002, at the Premier Automotive Group
North American Headquarters, One Premier Place, Irvine, California.
Notice of the Annual Meeting, a Proxy Statement and voting card will
be mailed to shareholders in advance of the meeting.”

Stock Exchange(s) where the shares of the company are listed:

“Ford Common Stock is listed and traded on the New York and Pacific
Coast Stock Exchanges in the United States and on stock exchanges in
Belgium, France, Germany, Switzerland, and the United Kingdom.
Depository Shares representing Ford’s Series B Preferred Stock, the
Trust Originated Preferred SecuritiesSM (TOPrSSM ) of Ford Motor
Company Capital Trust I, and the Convertible Trust Preferred
Securities of Ford Motor Company Capital Trust II are listed and
traded on the New York Stock Exchange (NYSE) only.”

The NYSE trading symbols are as follows: 
F – Common Stock
F.PrB - Depository Shares representing Series B 8.25% Preferred Stock
F.PrT - 9% Trust Originated Preferred SecuritiesSM (TOPrSSM ) of Ford
Motor Company Capital Trust
F.PrS - 6.5% Convertible Trust Preferred Securities of Ford Motor
Company Capital Trust II

http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/information.htm

Date of Signature of Audit Report: February 15, 2002
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/45_2.htm

Institutional Investors:
http://biz.yahoo.com/hd/f/f.html 

SEC Filings:
http://biz.yahoo.com/e/l/f/f.html 

5. Environmental factors which affected company performance:

Ford Motor Company Opinion:

“Many factors contributed to our loss. We encountered difficult
economic conditions and tough competition. The costs and controversy
associated with our tire replacement program for Ford Explorer clearly
took their toll. We pursued strategies that were either poorly
conceived or poorly timed.”

Independent Opinion:

"Automakers will be hard pressed in sustaining the sales momentum
experienced in year 2001. In 2001, U.S. automakers sold 17.2 million
vehicles with an estimated market size of $378.4 billion within the
U.S. market. This was a decline of 1.3 percent in unit sales from year
2000 volume of 17.4 million. But the U.S. economy is in a recession
and the situation could get worse. Unemployment is currently 5.7
percent nationwide and may continue to rise unless the Bush
Administration institutes a fiscal stimulus package to revive the
economy. Another factor which could impair sales is the rapid
reduction in fleet sales to daily rental car companies who have been
hurt by the severe reduction in travel. Auto rental companies account
for 15 percent of U.S. auto sales. They will likely scale back
purchases of new cars from the big three automakers. In addition,
consumers are likely to keep their cars longer if there is economic
uncertainty with employment. Therefore, USBR feels that a recovery may
take place in the second half of 2002 but this could be lackluster
since there has been such a rapid buildup of sales in the past three
years which has saturated the U.S. auto market. USBR feels total sales
will range between 14.2 to 15.0 million units in 2002.”

“Auto industry recovery will be dependent on U.S. government actions
against the terrorist acts and the ability of the Bush Administration
to implement policies to revive the economy.”

US Business Reporter – “Economic Environment Clouds the Future Outlook
for Automakers”
http://www.activemedia-guide.com/motor_vehicle_industry.htm 

Ford Motor Company Strategy:
http://www.ford.com/en/ourCompany/investorInformation/companyReports/2001annualReport/restructuring.htm

Outlook:

Company Forecast:

“’Consumer fundamentals remain favorable," said O'Connor. "Low
interest rates and inflation, and affordable vehicle prices and terms,
continue to support strong demand for new cars and trucks.’”
“The company also announced it was planning to produce 940,000
vehicles in North America in the third quarter and 960,000 vehicles in
the fourth quarter. The third quarter plan is unchanged from prior
forecasts. This is the initial forecast of fourth quarter production.
The full year production forecast is 4.126 million vehicles.”
http://biz.yahoo.com/prnews/020904/dew011_1.html  

Independent Opinion:
First Call Consensus
http://www.ford.com/en/ourCompany/investorInformation/stockStatistics/analystCoverage.htm

http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=F&script=1600&layout=0

6. Company News:

“Ford recalls 424,000 Tauruses, Sables”
http://www.upi.com/view.cfm?StoryID=20021009-022303-2100r 

The race and determination of companies like Ford to provide favorable
financial statements to its investors and Wall Street has seen some
backlash. In my opinion as engineers become pressured to come up with
new models for the consumers to buy, such haste compromises the safety
of its own patrons.

In fact in separate news reports Ford also in operation to fix 30,000
law enforcement cars in Florida
(http://www.miami.com/mld/miami/news/local/4239723.htm). It is true
that no manufacturer can prevent accidents; however, it is through
their product safety features that consumers rely on in times of
accidents. It is the last resort and it must provide the best service
especially when such an event occurs.

In other products, this is forgivable but just the same not tolerable.
But for cars, boats and airplanes, safety should be the number one
consideration not the bells and whistles that attract their consumers.

----------------
“Ford may need to cut costs deeper as squeeze looms”
http://www.forbes.com/markets/newswire/2002/10/09/rtr746289.html

In an economic downturn everything has a negative outlook. Even
grandma’s cookie recipe may need some adjustments for belt tightening.
So it is but natural that even a giant company like Ford will face
rough sailing in this scenario.

It is just sad to think that in the end, the article spoke the
unbearable truth, employees will face the consequences with job
counts, salary and benefits adjustments. It is almost a given that
Ford Motors will survive this test just as it has always had in the
past but to the numerous nameless employees, the outlook indeed is
bleak.

During belt tightening measures, job cuts almost always follows. Of
course there are other parts of restructuring which Ford Motors can do
like limiting production to the most profitable vehicle models but it
is just common sense that even this simple policy will greatly affect
its workers and maybe partner suppliers. And yes even the partner
supplier will then have to make some austerity policies. A vicious
cycle isn’t it?

Search terms used: 
“Ford Motors Company”, profile, “number +of employees”, financial
trends, locations, news

I hope I was able to answer your questions satisfactorily. Remember
before rating this answer; please ask for a clarification if you have
a question or if you would need further information.

Thanks for visiting us at Google Answers.

Regards,
Easterangel-ga
mayli-ga rated this answer:4 out of 5 stars and gave an additional tip of: $30.00

Comments  
Subject: Re: Business
From: rwh1955-ga on 04 Nov 2002 17:22 PST
 
Thanks for forwarding your work to me.

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