Ford Consumer Marketing Introduction to Ford Ford Motor Company is a century old company that laid the foundation for American auto makers (Wikipedia‚ 2011). Henry Ford understood early on that to be successful his company would need to be self reliant; from that idea the assembly line was introduced. Ford now offers a variety of vehicles from cars and trucks to ambulances‚ buses‚ and tractors. Today‚ consumers have hundreds of options to choose from when selecting a vehicle from any one of
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investments is high‚ increasing to 5.86%. | 2.0 | Liquidity Ratio (Cash) increased to 0.98 | 3.0 | Inventory Turnover is high‚ increasing to 13.2. | 1.0 | Working Capital improved to $23.55. | 3.0 | Target EPS for 2011 of 1.89 was achieved. | 2.0 | Ford reported a 6.8 percent sales increase in December 2010 | 4.0 | | 15.0 | Industry Strength | The growth potential is very high most especially for the existence of small cars like Focus. | 5.0 | Profit potential is high due to the needs of
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One World‚ One Plan “One Ford” covers the whole global enterprise‚ from product quality and fuel efficiency to manufacturing plants‚ corporate culture and the company balance sheet. Mulally has been preaching and promoting the plan as Job One since the day he arrived as something less than the first choice of then-Ford CEO and family scion Bill Ford. In many ways‚ “One Ford” is simply Mulally’s Boeing strategy transferred to a related transportation industry. When Boeing was reeling from a $2.6 billion
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The main points of the case study are:- . Ford Motor Co. has continuously been number 2 to General Motors Corp. in the automotive industry. . Ford’s CEO in 1999‚ Jacques Nasser tried to push IT in the automotive industry‚ but failed at most of the attempts‚ causing a major loss to the company. . Nasser introduced cars high in technology‚ looking to make more money on service fees. . Nasser also created the Wingcast telematics unit‚ allowing users to utilize their cars as
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The Ford/Firestone Case This case involves Ford and the Japanese tire manufacturer‚ Bridgestone/Firestone. The Ford Explorers which were prone to rolling over‚ came equipped with Firestone defected tires. The tire seemed to have a defect that caused the tread to separate from the whole of the tire and cause the vehicle to flip. Although Firestone knew about such defects‚ they continued to produce despite knowing the deadly consequences that lay behind their actions. The Explorer also had a
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Four | Extending Marketing COMPANY Case Ford: Resurrecting an Iconic Company The old phrase‚ “The bigger they are‚ the harder they fall‚” perfectly describes what has happened to the U.S. auto industry over the past decade. Consider the Ford Motor Company. In 1998‚ the iconic company accounted for 25 percent of all cars and trucks sold. Its F-series pickup was the best selling vehicle on the planet‚ with more than 800‚000 units rolling off assembly lines. The Ford Explorer held the top slot in
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Gondek 1st Academic Semester 2010/2011 Essen‚ 21.01.2011 Executive Summary - Part I The Ford Motor Company (FMC) is one of the biggest and most successful automotive manufacturers in the world based on a long tradition of automotive development. Since 1931‚ the plant in Cologne has produced more than forty million vehicles. The focus of this assignment is to analyse the latest version of the product Ford Fiesta (FF) for the German market which has been introduced in 2008. First of all‚ the product
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USING SOCIAL MEDIA TO LAUNCH FORD’S GLOBAL CAR IN THE U.S.A. Fiesta Movement In April 2009‚ The Ford Motor Company launched a new marketing campaign called the Ford Fiesta Movement. The campaign had an unusual approach‚ never previously used before by Ford since being incorporated in June 1903: Ford used amateurs to create ads for Ford Fiesta‚ their new B category car and relied on (an artificially designed) Word of Mouth Marketing that used online social media to build awareness. Their thinking
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be buying their first car. The Mustang II concept car generated allot of excitement and led directly to the first Mustang less than a year later. Ford was unaware how popular the car would be. They announced when the first television commercial would be shown and many Americans tuned in to see it. The next day‚ the first day of availability‚ Ford sold 22‚000 mustangs. The 19641/2‚ as it was later called‚ was available in only two models: the coupe and convertible. Both models featured a lengthened
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The Ford Pinto Case In the early years of car making‚ America was one of the top car manufacturing countries. But in the late 1960’s the consumers preference started to shift‚ and that meant less American cars were being sold. Consumers were looking for a more compact car rather than the heavy and long cars that were being sold. Japanese car manufactures of Datsun and Toyoya had taken over the market with their small‚ cheap‚ and compact cars. The Ford motor company felt the Japanese punch
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