Is Ford owned by GM?
As a trusted auto service provider with years of experience in car maintenance and repair, I often get asked about the relationships between major car manufacturers. One common question is whether Ford is owned by General Motors (GM). This article will clarify the ownership of these two iconic American automakers and provide some historical context.
Ford and GM: Two Separate Companies
Ford Motor Company and General Motors (GM) are two of the largest and most well-known automobile manufacturers in the world. However, they are entirely separate entities and have no ownership ties to one another. Ford is an independent company that was founded by Henry Ford in 1903, while GM was established by William C. Durant in 1908. Both companies have their own unique histories, brands, and corporate structures.
Ford's Ownership Structure
Ford Motor Company remains a publicly traded company listed on the New York Stock Exchange under the ticker symbol "F." While it is publicly owned by shareholders, the Ford family retains a significant influence through their ownership of Class B shares, which carry enhanced voting rights. This ensures that the Ford family continues to have a say in the company's direction.
GM's Ownership Structure
Similarly, General Motors is also a publicly traded company, listed on the New York Stock Exchange under the ticker symbol "GM." GM is owned by a diverse group of shareholders, including institutional investors and individual stockholders. Unlike Ford, GM does not have a family ownership structure influencing its operations.
Why the Confusion?
The confusion about whether Ford is owned by GM may stem from the fact that both companies are headquartered in Michigan and have been fierce competitors for over a century. Additionally, both automakers have acquired and sold various brands over the years, which can make their histories seem intertwined. For example:
- GM has owned brands like Chevrolet, Cadillac, Buick, and GMC, as well as former brands like Pontiac, Oldsmobile, and Saturn.
- Ford owns brands like Lincoln and previously owned others such as Mercury, Jaguar, and Volvo.
Despite these acquisitions and divestitures, Ford and GM have always remained separate companies.
Conclusion
In summary, Ford is not owned by GM. Both companies are independent entities with their own unique histories and corporate structures. While they compete fiercely in the automotive market, they remain distinct organizations. If you have any further questions about car manufacturers or need assistance with your vehicle, feel free to reach out to Kevin's Autos for expert advice and service!
Frequently Asked Questions
Are GM and Ford the same company?
Ford Motor Company (F) and Chevrolet, which is owned by General Motors Company (GM), are the two largest automobile brands in the United States. 1 Both Ford and GM are leaders and fierce competitors in the global automobile industry. Ford's largest brand is its namesake, Ford, while GM's largest brand is Chevrolet.
Who actually owns General Motors?
The ownership structure of General Motors (GM) stock is a mix of institutional, retail, and individual investors. Approximately 45.44% of the company's stock is owned by Institutional Investors, 0.15% is owned by Insiders, and 54.41% is owned by Public Companies and Individual Investors.
Who is Ford owned by?
Ford family
Does GM and Ford work together?
The Ford–GM 10-speed automatic transmission is part of a joint venture between Ford Motor Company and General Motors to design and engineer two transmissions: a longitudinal 10-speed transmission and a transverse 9-speed trans-axle.
Did GM try to buy Ford?
In fact, Durant almost purchased Ford in 1909. After getting GM in shape, Durant had Henry Ford agree to sell the company for $8 million. The loan committee of the bank, however, passed on this deal. If Durant had had the cash, Ford would have become a division of GM.
What companies are owned by GM?
Current auto brands are Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling. Former GM automotive brands include LaSalle, McLaughlin, Oakland, Oldsmobile, Opel, Pontiac, Hummer, Saab, Saturn, Vauxhall, Daewoo, and Holden.
What company did Ford buy out?
On February 4, 1922, Ford expanded its reach into the luxury auto market through its acquisition of the Lincoln Motor Company from Henry M. Leland who had founded and named the company in 1917 for Abraham Lincoln whom Henry Leland admired.
Who is the parent company of Ford Money?
Ford Money is a trading name of FCE Bank plc, the finance subsidiary of Ford Motor Company. We are an online savings provider, offering a range of fair and consistent savings products in the UK, each designed to help make your money go further.
What car brands are under Ford?
Ford Motor Company: Ford, Lincoln, Troller. General Motors: Cadillac, GMC, Chevrolet, Holden. Renault-Nissan-Mitsubishi Alliance: Renault, Nissan, Infiniti, Dacia, Datsun, Samsung Renault, Lada, Mitsubishi. Hyundai Motor Group: Hyundai, KIA.
Who is Ford owned by now?
Who is the owner of Ford company now? Ford is a public company owned collectively by its shareholders. The largest shareholders are Vanguard and State Street Corporation, which own 8.67% and 8.40% of Ford common stock, respectively.
