Ford Motor Company: what it holds, with stakes and dates
Facts checked Chinese holding 0%
Ford is American. The Ford family keeps about 40% of the voting rights through Class B shares and no Chinese company owns part of the business. Ford does sell China-built cars abroad: the Territory SUV is built by Jiangling Motors at Nanchang -- Ford holds 32% of JMC -- and sold in Brazil, Argentina, Chile, Mexico, the Gulf, South-East Asia and, since March 2024, South Africa. Ford's other China venture is Changan Ford, which builds the Lincoln Nautilus for the United States.
The short answer
| Controlled by | nothing recorded above it — the top of the chain |
|---|---|
| Kind | company |
| Recorded holdings | 2 |
| Origin | US |
| Is it Chinese? | Not Chinese-owned, but built in China |
What Ford Motor Company holds
Every current holding recorded from Ford Motor Company downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| JMC (Jiangling Motors) | holds a stake in | 32% | 2013 | Ford first took 20% of Jiangling Motors in 1995, raised it to 30% in 1998 and to 32% in 2013. It is a large minority holding, not control. |
| Changan Ford Automobile Co., Ltd. | runs a joint venture with | 50% of the joint venture | April 2001 | Ford's half. Between 2006 and December 2012 the same company also built Mazda vehicles, as Changan Ford Mazda, before the Mazda business was split into a separate venture. |
Former holdings
Holdings that ended, kept out of the tables above so nothing current reads as past or the reverse.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Volvo Cars | formerly held | 100% | 31 March 1999 | Ford bought AB Volvo's worldwide passenger car business on 31 March 1999 for about US$6.45 billion, made up of about US$2 billion in cash, a deferred payment to AB Volvo of about US$1.6 billion due in 2001 and about US$2.9 billion of Volvo Car net debt. It agreed to sell the business to Zhejiang Geely Holding Group on 28 March 2010 and completed the sale on 2 August 2010; the total price for Volvo and the related assets was US$1.8 billion, of which US$200 million was a note and the rest cash. |
Related
Sources for Ford Motor Company
- Ford Motor Company (U.S. Securities and Exchange Commission), Ford Motor Company, Form 10-K for the year ended 31 December 1999, Note 16. Read .
- Ford Motor Company (U.S. Securities and Exchange Commission), Ford Motor Company, Form 10-K for the year ended 31 December 2010, Note 24. Read .
- Geely Auto, Geely Auto and Ford Establish Joint Venture in Spain for Localized Production in Ford's Valencia Plant. Read .
- Wikipedia, Jiangling Motors. Read . Ford stake history: 20% in 1995, 30% in 1998, 32% in 2013.
- Wikipedia, Changan Ford. Read . Finding aid for the April 2001 founding and the 50/50 split.
- Changan Automobile, About Us. Read . Changan lists Changan Ford among its joint ventures.
- Wikipedia, Ford Motor Company. Read . Brands, Class B voting control, China joint ventures.
- Wikipedia, Ford Territory (China). Read .