The Ford Motor Company is headquartered in Dearborn, Michigan, where it was founded in 1903 by Henry Ford. From its inception, Ford was a trend-setting automaker which continues to create new benchmarks for the industry. Henry Ford famously introduced both the first large-scale moving assembly lines to automotive manufacture and set far higher worker pay scales than any other company in the business at the time. The company standardized "deep dish" safety steering wheels before the advent of air bags, introduced the first vehicle with safety glass for occupant safety, the first seat belt reminder light, and was the first automaker to introduce production vehicles with multiple alternative powertrains that included electrification and natural gas.
During the economic downturn of 2008-2009 in the United States, Ford was the only of the "Detroit 3" to avoid bankruptcy, which it did by renegotiating union contracts, mortgaging the company to the maximum to increase cash flow, and invested heavily in revitalizing manufacturing capability. It was the first of the Detroit 3 to return to profit as a result and has since returned those profits to programs that benefit the employees who helped the company stay afloat.
Ford produces cars that are both iconic and long-lived, building the best-selling vehicle in America for over three decades in the Ford F-150 pickup truck as well as the Mustang, one of the most-loved "pony cars" in American showrooms. In addition, globally, Ford manufactures the Fiesta and Focus small cars that are sold in nearly every automotive market in the world and are two of the highest-selling vehicles currently in the global market. Ford has received awards from respected sources for engineering excellence, design, and capability.