Ford Motor Company, incorporated in Delaware in 1919, is a global company based in Dearborn, Michigan. The company designs, manufactures, markets, and services a range of Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles. Ford operates through three customer-centered business segments: Ford Blue (gas-powered and hybrid vehicles), Ford Model e (electric vehicles and embedded software), and Ford Pro (commercial vehicles and services). Additionally, the company provides financial services through Ford Motor Credit Company LLC.

• Employees: 177,000 (as of December 31, 2023)
• Geographic Footprint: Operates globally
• Headquarters: Dearborn, Michigan
• Founded: 1919
• Number of locations/facilities: Over 300 operations facilities globally, including 41 manufacturing and assembly plants
• Revenue: $176.2 billion (FY2023)
• Key Subsidiaries/Brands: Ford, Lincoln, Ford Credit

• CEO: James D. Farley, Jr.
• CFO: John T. Lawler
• Chief Operating Officer: Ashwani (Kumar) Galhotra
• Board Chair: William Clay Ford, Jr.
• Chief Enterprise Technology Officer: Michael Amend
• Other Key Executives: Theodore Cannis (CEO, Ford Pro and Ford Customer Service Division), Steven P. Croley (Chief Policy Officer and General Counsel), J. Doug Field (Chief EV, Digital, and Design Officer), Andrew Frick (President, Ford Blue), Marin Gjaja (Chief Operating Officer, Ford Model e), Peter C. Stern (President, Integrated Services), Jennifer Waldo (Chief People and Employee Experience Officer), Shengpo ("Sam") Wu (President and Chief Executive Officer, Ford of China), Cathy O'Callaghan (Controller)

• Annual Revenue: $176.2 billion (FY2023)
• Net Income: $4.3 billion (FY2023)
• Total Assets: Not explicitly stated, but total liabilities and equity is $273.3 billion (as of December 31, 2023)
• Number of employees: 177,000 (as of December 31, 2023)
• Key Financial Highlights: Company adjusted EBIT was $10.4 billion (FY2023), diluted earnings per share of Common and Class B Stock was $1.08, and diluted adjusted earnings per share was $2.01.

Ford develops and delivers innovative vehicles and connected services.

• Ford Trucks: Includes the F-Series, Super Duty, and Ranger.
• Sport Utility Vehicles (SUVs): Includes the Bronco, Explorer, and Escape.
• Commercial Vans and Cars: Includes the Transit range of vans and other commercial vehicles.
• Lincoln Luxury Vehicles: Includes a range of luxury cars and SUVs.
• Connected Services: Includes software and embedded technologies for digital experiences.

Ford operates through three customer-centered business segments:

• Ford Blue: Engineering iconic gas-powered and hybrid vehicles.
• Ford Model e: Inventing breakthrough electric vehicles (“EVs”) along with embedded software.
• Ford Pro: Helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs.
• Ford Credit: Provides financial services.

Ford's growth strategy, known as Ford+, combines existing strengths, new capabilities, and always-on relationships with customers. Key strategic initiatives include:

• Focusing on delivering distinctive and increasingly electric products.
• Developing "Always-On" customer relationships and user experiences.
• Leveraging foundational strengths to build new capabilities.
• Integrating strategic initiatives into a cohesive business model.
• Balancing competing priorities.
• Maintaining discipline in capital allocation.

The worldwide automotive industry is highly competitive, consisting of many producers. Ford competes with numerous manufacturers globally, with no single dominant producer. Key market trends include:

• Increasingly stringent emissions standards and fuel economy regulations.
• Growing demand for electric vehicles.
• Rapid advancements in autonomous driving technology.
• Increasingly complex global supply chains.

• Operational Risks: Supply chain disruptions, shortages of key components or raw materials (lithium, cobalt, nickel, graphite, and manganese), and production issues.
• Market Risks: Fluctuations in commodity and energy prices, foreign currency exchange rates, interest rates, and market value of investments. Competition from existing and new entrants in the automotive and digital services industries.
• Financial Risks: Access to debt markets, credit rating downgrades, and potential impact of government incentives.
• Regulatory Risks: Compliance with safety, emissions, fuel economy, autonomous driving technology, environmental, and other regulations.
• Cybersecurity Risks: Potential cybersecurity incidents, ransomware attacks, and other disruptions.