The Ford Motor Company is an American multinational corporation which manufactures automobiles and is based in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford. After Volkswagen, Ford is currently the second largest automaker in the U.S. and the fourth-largest in the world based on number of vehicles sold annually. Ford's former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors of India in March 2008. In addition to the Ford, Lincoln, and Mercury brands, Ford also owns Volvo Cars in Sweden, and a small stake in Mazda in Japan and Aston Martin in the UK. Ford has agreed to sell Volvo to Geely Automobile in a deal expected to be completed in the third quarter of 2010.
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