Free Ford Motor Company Essay Sample

Ford Motor Company is listed in the Securities and Exchange Commission website under Central Index Key (CIK) 0000037996 with Standard Industrial Classification (SIC) as 3711. A click of the aforecited CIK reveals various filings the latest of which is dated April 1, 2015 and is an 8-K. According to the US SEC website, the federal securities law requires domestic companies to submit information on a regular and periodic basis: Form 10-K, which “is a comprehensive review of the company’s business and financial condition and includes audited financial statements” (Investor Information 2015) must be submitted annually; Form 10-Q is submitted on a quarterly basis, and; Form 8-K is submitted for specified events.
The company’s 10-K has about 53 entries, including the main 10-K. This particular 10-K is Ford Motor’s annual report for the fiscal year ended December 31, 2014 and is denominated as Commission File No. 1-3950. The heading also identified Delaware as the state of incorporation along with other information such as address of main offices, telephone number, IRS employer number and zip code. Other information includes the title of each class as common stock with par value of $.01 per share and being traded in the New York Stock Exchange. As of June 30, 2014 the company had 3,837,638,073 outstanding shares of common stocks with closing price at $17.24 per share, and an aggregate value of $66,160,880,379. Prior to the submission of the 10-K, on February 6, 2015, the common shares went up a little bit to 3,885,089,749, but the closing price went down to $15.86 per share with an aggregate value of $61,617,523,419.
The Report has 4 parts: Part I reports about the internal workings of the company; Part II is about its business operations; Part III is about its directors and executive officers; Part IV about financial statements of the company and its subsidiaries. Part I reveals that the company was incorporated in 1919 in Delaware, is based in Dearborn, Michigan, manufactures and distributes automobiles in 6 continents, has about 187,000 employees and 62 plants worldwide. The company has two business sectors, which are the automotive, which carries both the Ford and Lincoln brands, and financial services sectors. In 2014, the company sold 6,323,000 vehicles and has 11,980 dealerships worldwide as of the end of 2014. Asia Pacific, particularly China, is the region of the company’s most voluminous industry sales. However, it is Canada that has the company brand’s highest market share at 15.5%. On the other hand, its financial sector operates through automotive financing and gets revenues from payments, leases and interests from them. The company lists an ongoing class action it is facing in Ohio. It also identified its executive officers headed by William Clay Ford, Jr., who has held that position since 2006.

References

Information Service (2015). Form 10-K. United States Securities and Exchange Commission. Retrieved from http://www.sec.gov/answers/form10k.htm
SEC (2015). Filing Detail: Ford Company Form 10-K. United States Securities and Exchange Commission. Retrieved from http://www.sec.gov/Archives/edgar/data/37996/000003799615000013/0000037996-15- 000013-index.htm.
SEC (2015). EDGAR Search Results: Ford Motor Company. United States Securities and Exchange Commission. Retrieved from http://www.sec.gov/cgi-bin/browse- edgar?action=getcompany&CIK=0000037996&type=&dateb=&owner=exclude&start=8 0&count=40