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Ford Motor Company Time:
June 16, 1903 – Henry Ford signs the articles of incorporation in Michigan with 11 other investors.
October 1, 1908 – Introduces Model T, which became one of the most popular cars in the world. At the end of production, 15,458,781 cars had rolled off the assembly line.
October 7, 1913 – Highland Park plant begins operation as the world’s first automobile assembly line.
March 1, 1941 – Begins production of “jeeps” for the US Military.
January 17, 1956 – Common stock goes on sale, 10.2 million shares (22%) sold in the first day.
September 7, 1987 – Ford acquires 75% of Aston Martin Lagonda, Ltd.
December 1, 1989 – Spends $2.5 billion to buy Jaguar cars.
March 15, 1990 – Introduces the Explorer SUV.
July 1, 1992 – Buys 50 percent of Mazda Motor Manufacturing and changes that company’s name to Auto Alliance International.
June 20, 1993 – Ford opens its first dealership in China.
April 18, 1993 – Begins production of the FFV Taurus.
August 21, 1997 – Sells first taxicabs that run on natural gas.
August 2000 – Recalls 6.5 million tires after 271 rollover deaths in Ford Explorers.
May 2001 – Recalls 13 million more tires and Bridgestone/Firestone dumps Ford as a customer.
July 11, 2005 – Mercury Mariner, the new gas electric hybrid SUV, goes on sale.
November 1, 2005 – Bridgestone Firestone North American Tire LLC agrees to pay $240 million to the company to help cover the cost of tire recalls.
December 23, 2005 – Announces transfer of $2 billion to shore up Jaguar cars.
2005 – Loses market share for the 10th year in a row, and also its place as America’s best selling brand to GM’s Chevrolet.
January 23, 2006 – Announces 30,000 job cuts and 14 idle plants by 2012.
2007 – Reports losses of $12.7 billion for 2006.
2008 – Sells Jaguar and Land Rover to TATA Motors, India.
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