Who owns Ford Lincoln Mercury?
Ford Motor Company owns the Ford, Lincoln, and Mercury automotive brands. Ford has been the parent company of these brands for decades, overseeing their operations, product development, and marketing.
Ford Motor Company's Ownership of Ford, Lincoln, and Mercury
Ford Motor Company is a multinational automaker that was founded in 1903 by Henry Ford. Over the course of the 20th century, Ford acquired and consolidated several automotive brands under its corporate umbrella, including Ford, Lincoln, and Mercury.
- Ford is Ford Motor Company's flagship brand, producing a wide range of passenger cars, trucks, and SUVs.
- Lincoln is Ford's luxury vehicle division, offering premium sedans, crossovers, and SUVs.
- Mercury was a mid-range brand that Ford operated from 1938 to 2011, when it was discontinued.
While Ford has owned Lincoln since the 1920s, it acquired the Mercury brand in 1945. For decades, Ford managed all three brands as part of its overall automotive portfolio, with each serving a distinct market segment.
The Discontinuation of Mercury
In 2010, Ford announced that it would be phasing out the Mercury brand, citing declining sales and a desire to focus its resources on the Ford and Lincoln brands. The last Mercury-badged vehicle, a Grand Marquis, rolled off the assembly line in January 2011, marking the end of the brand's 73-year history.
Today, Ford Motor Company continues to own and operate the Ford and Lincoln brands, which remain an integral part of the company's global automotive business. The discontinuation of Mercury has allowed Ford to streamline its brand portfolio and concentrate its efforts on its two core nameplates.
What companies do the Ford family own?
Ford owns many companies, most of which are various subsidiaries of its automaking business. Its two primary vehicle brands are Ford and Lincoln. Lincoln is considered to be the luxury arm of Ford.
Are Lincoln and Ford owned by the same company?
Lincoln is the luxury automotive brand of Ford Motor Company, committed to creating compelling vehicles with an exceptional ownership experience to match. For more information about Lincoln, please visit media.lincoln.com or www.lincoln.com.
Is Lincoln Mercury owned by Ford?
Ford Motor Co. was founded by Henry Ford in 1903. Ford Motor Company produces all of the Lincoln, Mercury, and Ford brands but they also have part ownership with Mazda, Aston Marin, and Volvo. These other vehicle lines are located in England, Japan, and Sweden.
How much does the Ford family still own Ford?
Ford Motor Company
Ford World Headquarters in Dearborn, Michigan | |
---|---|
Total equity | US$44.84 billion (2024) |
Owner | Ford family (2% equity; 40% voting power) |
Number of employees | 171,000 (2024) |
Divisions | Ford Blue Ford Model E Ford Pro |
Why did Henry Ford buy Lincoln?
Unfortunately, the Lincoln automobile debuted during an economic recession. Forced into receivership, Henry and Wilfred Leland sold their company to Henry Ford in 1922. The Lelands intended to stay on and manage Lincoln for the new owner.
Why did Ford shut down Mercury?
Following an extended decline in sales and market share for Mercury, Ford announced the closure of the division at the end of 2010.
Is Mercury in the Ford family?
Ford completely phased out the Mercury brand in 2011, as the company refocused its marketing and engineering efforts solely on the Ford and Lincoln brands.