ABSTRACT
Ford Motor Company have been around since 1903, and although in the past they lost market shares due to production and marketing scandals, they remain robust in 2005. This paper has been written to thoroughly analysed Ford through PESTEL analysis to comprehend the macro environment in, Porter’s Five Forces analysis to determine the competition and lastly SWOT analysis to depict the micro environmental factors of the company in question. It has been concluded that due to the fierce competition in the industry, and due to the changes in the environmental factors, Ford Motor Company needs to concentrate on improving on its weaknesses in order to avoid and overcome the threats.
COMPANY ANALYSIS: FORD MOTOR COMPANY
Introduction
Ford Motor Company was founded in 1903, in the United States of America, by Henry Ford and eleven other investors. By 1919, the business began to prosper. Following disagreements with the other investors, Henry Ford and his son, Edsel Ford bought the shares of the investors and became the sole owners and decision makers of Ford Motor Company (Brinkley, 2004).
Today, William Clay Ford Junior is the leader of a company with a well established product portfolio of cars, trucks, vans and Sport-Utility Vehicles under the following brands; Ford, Lincoln, Mercury, Mazda, Volvo, Jaguar, Land Rover and Aston Martin (Ford 2005; BBC, February 2002).
The world’s largest car manufacturer in the world by volume is General Motors Corporation, followed by Ford which is then followed by DaimlerChrysler (Reuters, 2005; Yahoo Finance, 2005).
This paper will be thoroughly analysing Ford through the use of various analytical too ...