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A quick delve into the story of widely-celebrated automotive company, Ford, byCentral Contracts.

With over 100 years in operation, Ford is renowned for its rich history and a plethora of famous vehicles and company success. Ford has simply become synonymous with the automotive and leasing industry, according to reports from http://www.centralcontracts.com.

Founded by Henry Ford and 11 investors in June 1903, with a cash injection of $28,000, two of which were the Dodge brothers, John and Horace, who later created their eponymous brand. 1903 also saw the creation of the first Ford model - the 'Fordmobile' (Model A).

Consequently, Ford grew and grew, eventually becoming the automotive behemoth that it is today, though it has not been without its occasional scandals or negative aspects affecting its course. Below are five key points in the defining history of the Ford Motor Company:

1896-1903: In 1896, the Ford Quadracycle is created as Henry Ford's first vehicle, which was placed on a buggy frame with 4 bicycle wheels. 1898 - he creates the Detroit Automobile Company, but this was dissolved within the next two and a half years. 1901 - Ford wins a high-profile race and afterwards the Henry Ford Company is assembled but in the next year, it was discontinued. Ford Motor Company is consequently created in 1903.

1906-1919: Ford Motor Cars becomes the best-selling brand for US, with 8,700 cars by 1906. In the subsequent three years, Ford Motor Company England, or more commonly, Ford Britain, is established and begins to tap into the UK market. Two years later, Ford opens a Manchester factory to increase production speed and ease. In 1919, son of Henry Ford, Ensel, takes over as president of the firm.

1929-1945: In 1929, Ford reaches an annual production peak of 1.5 million, taking the production crown and dominating the market, knocking Chevy off the top position. Ford create a general purpose jeep designed for military use in 1941 and the pressed metal grille that has become a trademark for the company is still used on models today. Two years later, Edsel Ford sadly dies of cancer, with father Henry taking the role as president once again, for the following two years, until his grandson Henry Ford II takes over in 1945.

1947-1989: Following the death of his grandfather, Henry Ford, in 1947, Henry Ford II takes over as chairman. 10 years later, Ford commemorates a past president with a new brand of automobiles - the Edsel, and also sees production of around 1.68 million vehicles. US Secretary of Defense, Robert McNamara, in 1960, becomes President of Ford. In 1967, Ford set up Ford of Europe to secure further market prominence. The firm also takes around a quarter of Mazda in 1977, followed by, in 1987, acquiring Aston Martin Lagonda and Hertz Rent-a-Car. The company also acquire Jaguar in 1989.

1999-2010: Great grandson of Henry Ford, Bill Ford becomes chairman of the Board and acquires Volvo car division in 1999. In the next year, Land Rover is purchased by Ford from BMW. Six years later, Ford enacts a restructuring program to close unsuitable factories - Ford vehicles also begin to populate the car leasing market, with firms such as Central Contracts. Ford sell Aston Martin, Land Rover and Jaguar over the next three years to reduce significant company losses. Regardless of this, Ford, according to reports from Central Contracts, has become one of the most popular customer options for the vehicular market today.

If this restructuring program is handled competently, the firm is likely to regain market leadership and profit fully; whatever the future might hold for the company, it is clear that this is a vital brand that has truly left its mark in history.