Ford runs Ford Credit and GM wholly owns the General Motors Financial Company.One of the main differences between these two competitors is the number of brands owned and marketed by each company. You […] Its 2010 IPO, at the time, was the largest offering ever. Where treating people well and doing the right thing are just a natural part of doing business. In June 2018, it signed a deal with Honda to develop a more efficient battery for electric cars. While this may seem like a huge brand lineup, GM, similar to Ford, has divested or discontinued several brands, including the following:Many of its discontinued brands were shut down due to poor performance rather than strategic planning. Many countries, including the United States, have strict laws requiring improvements in fuel efficiency and the amount of environmental pollution created by vehicles. Though still a titan in the auto industry, investors should note that Ford’s stock has trended downward since the end of 2015.Ford was founded by Henry Ford near the turn of the 20th century. GM also has equity stakes in various Chinese joint ventures. The GOBankingRates Evaluation of a company’s net worth, however, considers solid figures like assets and revenue, taking into account full-year profits and revenue from the last three years and the company’s assets and debts.
It lists some of her accomplishments in 2018, including:Hackett received total compensation of $17.8 million in 2018, up from $16.7 million in 2017.Then there's Tesla CEO Elon Musk, whose theoretical compensation in 2018 topped $2 billion. Based on GM’s revenue and profits from the last three years, GM is worth nearly $140 billion. More recently, the Ford F-Series truck has been Ameria’s best-selling pick-up truck for more than four decades. Both companies have also found additional efficiencies in their gas-powered cars through the use of different engine technologies, lighter materials, and reduced overall size of cars.At first glance, the two large car makers may appear to have similar business models. General Motors annual net income for 2019 was $6.581B , a 16.86% decline from 2018.
Although market cap gives you a sense of what the market values a company at, it’s based entirely on market sentiment — essentially reflecting the ever-changing opinions of investors — and it can change hourly. Services are subject to user terms and limitations. Ford Motor Company, commonly known as Ford, is an American multinational automaker that has its main headquarters in Dearborn, Michigan, a suburb of Detroit.It was founded by Henry Ford and incorporated on June 16, 1903.