Submitted by: Submitted by marcus4
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Words: 1459
Pages: 6
Category: Business and Industry
Date Submitted: 04/22/2012 06:24 AM
Ford Motor Company engages in the development, manufacture, distribution, and service of vehicles and related parts worldwide. The company operates through two sectors, Automotive and Financial Services. The automotive sector offers vehicles primarily under the Ford and Lincoln brand names. This sector markets cars, trucks, and parts through retail dealers in North America, and through distributors and dealers outside North America. It also sells cars and trucks to dealers for sale to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, this sector provides various after-sale vehicle services and products to retail customers, such as maintenance and light repair, heavy repair, collision repair, vehicle accessories, and extended service contracts under the Ford Service, Lincoln Service, Ford Custom Accessories, Ford Extended Service Plan, and Motorcraft brand names. The Financial Services sector offers various automotive financing products to and through automotive dealers. It provides retail financing, which include retail installment contracts for new and used vehicles; direct financing leases to retail customers, government entities, daily rental car companies, and fleet customers; wholesale financing that comprise loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital, purchase dealership real estate, and/or make improvements to dealership facilities, as well as offers insurance services. Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan.
Income Statement
Period Ending Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
Total Revenue 136,264,000 128,954,000 116,283,000
Cost of Revenue 113,345,000 104,451,000 98,866,000
Gross Profit 22,919,000 24,503,000 17,417,000
Operating Expenses
Research Development - - -
Selling...