Ford
Ford Motor began a manufacturing revolution with its mass production assembly lines in the early 1900s. Now the company is firmly entrenched in the status quo as one of the world's largest makers of cars and trucks. It makes vehicles with such brands as Ford, Lincoln, and Mercury. Among its biggest successes are the redesigned Ford Mustang and F-Series pickup. Ford owns a controlling (33%) stake in Mazda and also controls the Land Rover, Jaguar, and Volvo nameplates through Premier Automotive Group. The finance subsidiary, Ford Motor Credit, is the US's #1 auto finance company. Ford has sold Hertz, the world's #1 car-rental firm. The Ford family owns about 40% of the company's voting stock.
General Motors
General Motors (GM) has steered around competitors to remain the world's #1 maker of cars and trucks, with brands such as Buick, Cadillac, Chevrolet, GMC, Pontiac, Saab, and Saturn. GM also produces cars through its Holden, Opel, and Vauxhall units, and heavy-duty transmissions through Allison Transmission. GM also has stakes in Suzuki Motor, and GM Daewoo Auto & Technology. Subsidiary GMAC provides financing. GM has been selling off non-core assets including stakes in Fiat and Fuji Heavy Industries (Subaru), as well as its locomotive manufacturing business.
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