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In 1988 Ford Motor Company sold 80% of Ford-New Holland Inc. to Fiat, and in 1991 Fiat acquired the remaining 20%, with the agreement to stop using the Ford brand by 2000. By 1999, Fiat had discontinued the use of both its own and the Ford name, and united them both under the New Holland brand.
Ford converted the building into a small factory, and in 1920, twelve [19] workers began producing screws for Ford. [6] It was the second Village Industry to open, after the Ford Valve Plant in Northville. [19] In 1927, Ford converted the site to make engravings and stencils, and in 1937 a new building was constructed at the site. [14]
Ford Motor Company is a United States company that manufactures and sells automobiles worldwide. The company sells vehicles under the Ford and Lincoln marques. It also has financial stakes in Aston Martin and Mazda .
Ford announced in 2014 plans to reduce its vehicle platforms from sixteen to nine. [1] In 2014, Ford vehicles were built on fifteen distinct platforms. This only applies to Ford and Lincoln and not to any brands that were previously held by the company (such as Mazda and Volvo), and is expected to cut costs by 20%.
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