Few less-known facts about Ford Cars
In 2006, Ford cars held a portfolio of eight brands: Ford, Lincoln, Mercury, Land Rover, Jaguar, Volvo, Aston Martin and Mazda. In 2010, the portfolio was reduced to two brands; the Ford brand history and brand of luxury cars Lincoln. All other brands were either arrested or surrendered. It was in 1922 that the American manufacturer Ford bought Lincoln in Cadillac. In 1979, Ford cars entered the capital of Japan Mazda, taking in 24.5%. In April 1996, Ford cars were then the largest shareholder in Mazda. In the late 80s and early 90s, Ford cars bought the luxury brand Aston Martin (1987) and Jaguar (1990).
In 1999, Ford bought Volvo Cars (Volvo automotive industry) to the group Volvo AB for 6.45 billion USD. On 17 March 2000, Ford bought the brand of all-terrain vehicles Land Rover German BMW. Recently, Ford has sought to reposition itself in a limited number of brands and sells the most. On 26th march 2008, Ford cars sold Jaguar and Land Rover to Tata Motors in India. On 28 March 2010, Ford sold the Swedish car brand Volvo to Chinese manufacturer. This sale was signed at the headquarters of Volvo in Sweden by the Chief Financial Officer of Ford .In June 2010, Ford decided to abandon the brand American Mercury.
