Ford Motor Co. - 1929 dated Canadian Automotive Stock Certificate
Inv# AS1383 Stock
Stock printed by British American Banknote Co. Limited, Ottawa, Canada. The Ford Motor Company, commonly referred to as Ford, is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit. Founded by Henry Ford and incorporated on June 16, 1903, Ford manufactures automobiles and commercial vehicles under the Ford brand and luxury vehicles under the Lincoln brand. The company also owns the Brazilian SUV manufacturer Troller, holds an 8% stake in the UK’s Aston Martin, and a 32% stake in Jiangling Motors. Additionally, Ford has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), Turkey (Ford Otosan), and Russia (Ford Sollers).
Listed on the New York Stock Exchange, Ford is controlled by the Ford family, who hold minority ownership but the majority of the voting power. The company revolutionized car manufacturing with its assembly line techniques, known worldwide as Fordism by 1914. Ford’s former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors in March 2008, while the Swedish automaker Volvo, owned from 1999 to 2010, was sold to Geely. In 2011, Ford discontinued the Mercury brand, which had been used for entry-level luxury cars in various markets since 1938.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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